LG Electronics to exit solar panel manufacturing and shut down Alabama plant
2022-02-25 13:42:04 [Print]
LG Electronics announced it will exit the global solar panel manufacturing business after a decision approved by the board of directors in South Korea on February 2. The company cited increased material and logistics costs, as well as severe supply constraints, as the main reasons behind the decision to stop solar panel manufacturing.
LG will cease production at the 550-MW solar module assembly plant in Huntsville, Alabama, by June 2022. The Alabama plant, which began panel production in 2018, was likely the second-largest crystalline silicon solar panel manufacturing facility in the United States.
LG will cease production at the 550-MW solar module assembly plant in Huntsville, Alabama, by June 2022. The Alabama plant, which began panel production in 2018, was likely the second-largest crystalline silicon solar panel manufacturing facility in the United States.
Silicon Metal 4-2-1 Delivered China
Unit:RMB/mt
China silicon metal producers' sales volume statistics by province by month
Unit: mt
