LG Solar is putting $435M into tripling solar production capacity by 2020. The company has six new production lines in operation. Currently, capacity is at 1 gigawatt.
The LG Plan
LG will increase its production incrementally. LG will step up its production because they believe that more and more consumers will choose solar energy going forward. The current 1 gigawatt of production will increase to:
- 1.8 gigawatts in 2018
- 3 gigawatts by 2020
LG sees solar energy as a growing industry worldwide and is making this investment to remain at the forefront of the market. For further information on LG Solar please visit here.
LG panels come with a 25 years of performance and 12 years of product guarantee.
LG Solar Electronics Inc. is a global leader and technology innovator in consumer electronics, mobile communications and home appliances. LG employs more than 82,000 people working in 119 operations, including 103 subsidiaries around the world, with global sales of $53.10 billion in 2013. Join our ZERO Home Bills Community. The BEST Solar Panels from NASDAQ and Bloomberg listed solar energy component manufacturers at best price.
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