FWIW - LG closing solar panel biz

Photowhit
Photowhit Solar Expert Posts: 6,017 ✭✭✭✭✭
in Solar Forum News and Announcements #1
Link to store;

https://www.channelnews.com.au/lg-shutting-down-solar-panel-business/
Home system 4000 watt (Evergreen) array standing, with 2 Midnite Classic Lites,  Midnite E-panel, Magnum MS4024, Prosine 1800(now backup) and Exeltech 1100(former backup...lol), 660 ah 24v Forklift battery(now 10 years old). Off grid for 20 years (if I include 8 months on a bicycle).
- Assorted other systems, pieces and to many panels in the closet to not do more projects.
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Comments

  • Dave Angelini
    Dave Angelini Solar Expert Posts: 7,056 ✭✭✭✭✭✭
    edited February 2022 #2
    Kind of shock going from number 1 to none. Thanks for posting this :)


    "we go where power lines don't" Sierra Nevada mountain area
       htps://offgridsolar1.com/
    E-mail offgridsolar@sti.net

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  • SolarSME
    SolarSME Registered Users Posts: 2 ✭
    #3
    Dave Angelini said:
    Kind of shock going from number 1 to none. Thanks for posting this :)


    LG has made a smart move. It is very smart to know when to stop trying for something that is no longer giving fruit. Even if there is a fruit, it's quite expensive that the company couldn't bear it. They may come back when the supply chain conditions are favourable. 
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  • Dave Angelini
    Dave Angelini Solar Expert Posts: 7,056 ✭✭✭✭✭✭
    #4
    Maybe smart but a trend for them of losing in markets. They failed with the home battery market and they failed in the Android cell market. 
    "we go where power lines don't" Sierra Nevada mountain area
       htps://offgridsolar1.com/
    E-mail offgridsolar@sti.net

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  • tyronegrey
    tyronegrey Registered Users Posts: 5 ✭✭
    #5
    For me, here are some of the top 5 solar in USA
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