LG to supply Borrego with 24MW
LG Electronics will supply 24MW of its Mono X series of PV modules to US commercial rooftop specialist Borrego Solar Systems, as the Korean company becomes the latest module maker to benefit from the preliminary tariffs imposed on Chinese modules.
Having only started mass production of modules in 2010, the deal is significant for LG, allowing it to “significantly expand” its presence in the US commercial rooftop market.
The shipments will be made through the end of 2015.
Mike Hall, chief executive of San Diego-based Borrego, says the supply agreement will allow his company to meet growing demand in the commercial rooftop market for high-efficiency modules.
LG’s panels also come with “the added benefit of not being subject to Commerce Department tariffs on Chinese modules”, says Hall.
A number of module suppliers, based in the US and elsewhere, are benefiting from the likelihood that tariffs on Chinese modules will be finalized later this year. Singapore’s REC Solar has won big orders from SolarCity and Sunrun, while SolarWorld will supply modules out of its Oregon factory to RGS Energy.
Meanwhile, SolarCity intends to establish a module factory of its own in New York state, and Suniva is rapidly building its second US-based factory in Michigan.
LG claims its Mono X NeON modules – among the lightest on the market – come with an output of 305W and an average efficiency of 18.6%.
Founded in 1980, Borrego made a key strategic pivot five years ago to focus exclusively on commercial rooftop and government-sponsored solar projects. The company has installed more than 150MW of capacity.