LG solar panels are discontinued. Now what?
Earlier this year, LG abruptly announced that it was closing its solar panel business, surprising many in the industry. The news was confirmed in a press release on February 23. According to the company, its solar panel manufacturing was no longer viable due to increasing costs: LG leadership decided to exit the global solar panel business following a comprehensive review of the impact of increasing material and logistics costs, as well as severe supply chain constraints affecting the solar industry.