LG Solar Panels
The history of LG’s solar business can be traced back to the mid-1980’s, when the LG central research lab started R&D on solar technologies. In 2004, the LG business group created synergy and prepared for mass production by consolidating several solar research laboratories under the LG Electronics umbrella. Using decades of R&D experiences, LG Electronics broke ground on its first solar cell and module factory.
LG considers the solar power business not as a mere business expansion, but a new growth engine of the LG Group. A solar industry cluster has been organized within the LG Group and is achieving vertical integration in the solar power industry. Examples include the construction and operation of a 14MW scaled solar power plant in Taean, Korea in 2008 and the supply of wafers through Siltron, a subsidiary company.