South Korea sets 3.5 million heat pump target in national decarbonization push
The South Korean government says it will deploy incentives, legal changes and industry backing to scale heat pump adoption nationwide, aiming to cut emissions from fossil fuel–dependent heating by the mid-2030s.
LG reveals plans for US heat pump factory
LG Electronics North America has revealed plans to manufacture 100% electric heat pumps in the United States for the first time.
LG unveils heat pump for water heating
LG has developed an air source heat pump with the capacity to heat 200 liters to 270 liters of domestic water. It uses R134a as a refrigerant and the pump has a coefficient of performance (COP) of up to 3.85.
Module brands that earn the trust of solar installers
The latest global PV installer survey by Germany’s EUPD Research offers a hint of the solar brands which installers, mostly based in Europe, gravitate toward. This year’s report also ventured to South Africa and considered mounting systems for the first time.
LG Electronics launches 370 W ‘paving’ panel with 21.4% efficiency
The PV manufacturer wants to modernize its production operations in South Korea to expand premium module output. It has also announced a new 400 W+ panel.
Panasonic and Toyota launch EV battery business as solar lifts Kyocera and LG
Electronics corporations Panasonic, Kyocera and LG have filed results for the nine months to December 31. All three reported uplifts because of their solar activity and LG has said it will dive deeper into energy storage. Panasonic is deepening its commitment to automotive batteries through a new joint venture with Toyota.
Innovation shines at pv magazine awards ceremony in Abu Dhabi
The winners of the 2019 pv magazine awards have been recognized in a ceremony alongside the World Future Energy Summit. The victors spoke of the importance of innovation being recognized within the industry.
South Korea’s roadmap to drive down solar costs
The government has unveiled a plan to help the PV industry reduce the cost of solar panels from around $0.23/W to $0.10/W by 2030. The plan also aims to reach module efficiencies of around 24% – up to 35% for multi-junction cells – by the end of the next decade.
LG solar business affected by panel price falls as Kyocera reports poor results for PV sales
South Korean manufacturer LG said import tariffs and panel price depreciation led to lower profit for its B2B division. Japanese electronics company Kyocera saw the revenue of its Life & Environment Group fall by 26%, year-on-year, in the first nine months of the current fiscal year.
