LG initially entered the solar market in 1985 as the company ‘Lucky-GoldStar’. The company developed its first portable solar cell technology in 1988, ‘The Solar Lantern’. Lucky-Gold Star rebranded to LG (Life is Good) in 1995 and proceeded to design solar systems for traffic lights and clock towers. In 2009 LG created its first solar panel and has gone on to win the Intersolar Award in 2013, 2015 & 2016 for its innovations. It also won the Readers Digest Australia Most Trusted Solar Panel Award 2020 after a survey of 3000 readers.
The South Korean multinational conglomerate corporation is currently the 4th largest chaebol (family-owned business) in South Korea. Holding a very impressive panel return rate of only 40 in 1 million, LG has built the reputation of being a premium global solar panel manufacturer.
One of the LG strengths is our focus on testing. In order to be sold in Australia solar modules have to be tested and pass the IEC standard tests once. LG solar panels are regularly tested up to 3 times the IEC standards by LG in-house testing laboratories to ensure a robust module. LG also invests a significant amount of money on research and development. In fact, 25% of the LG entire solar focused workforce is dedicated to discovering new technologies and improving our solar technology.
LG panels have won numerous awards over the years and they have been recognised as innovative and cutting edge by industry experts, giving you confidence in the quality and performance of the product. For example the NeON® panel range won the Intersolar Award for Photovoltaic Innovation in Germany, three times since 2013. The LG solar brand has won the “Top Brand” in Europe in since 2015 and in Australia each year since 2016.