LG Teams up with Borrego Solar to Supply 24 MW of Panels

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LG Electronics USA has joined forces with Borrego Solar Systems Inc. to significantly expand the presence of LG’s high-efficiency solar modules in the U.S. commercial market. Under the agreement, LG will supply 24 MW of its popular Mono X series solar panels through 2015 to Borrego Solar, which will sell to the commercial sector as an LG preferred strategic commercial integrator in North America.

This agreement adds a greater number of LG Electronics’ bankable products to Borrego Solar’s portfolio. Due at least partly to fears of panel shortages, this type of arrangement has become common recently, with REC and Sunrun’s partnership as just one example.

“LG has a 30-year track record in solar technologies, and as a result of our pre-existing business relationship with LG, Borrego Solar is confident in LG’s brand and ability to deliver superior efficiency, strength of warranty, quality, and reliability,” said Mike Hall, CEO at Borrego Solar.

“This agreement allows us to meet rising commercial market demand for top-tier, high-efficiency modules – with the added benefit of not being subject to Commerce Department tariffs on Chinese modules – enabling us to maximize return on investment for our customers and provide the best quality and care throughout a system’s lifetime,” said Hall. “We’ve already used LG panels on several MWs of municipal landfill projects in Massachusetts, and we look forward to expanding the portfolio under our new agreement with LG.”

“When it came to identifying a trusted and respected commercial PV integrator and industry leader to expand the penetration of our high-efficiency modules in commercial markets, Borrego Solar was a natural choice,” said Ellen Kim, senior vice president, energy solutions, LG Electronics USA. “Borrego Solar is a leader in the North American market and has experienced first-hand the value that LG products bring to its customers, as LG systems that they’ve installed have exceeded their expectations. We look forward to a mutually beneficial relationship and the opportunity to expand our offering to the commercial sector.”