LG is a leader in renewable solar energy with high efficient panels generating electric power via photovoltaic systems. LG is offering efficient panels with 320W plus Neon range. The new LG NeoN 2 has seen many improvements, from stronger frames to longer warranties and higher efficiency to better wind loading. The LG NeoN modules are double sided cells and CELLO technology absorbs light from both front and back, setting a new standard for innovation and was recognized with the 2015 photovoltaic innovation award at the Intersolar Industry Event at Germany. LG product comes with extended warranty from 10 years to 12 years includes coverage for labour and transport. The initials degradation sees an improvement from -3% to -2% in the 1st year decreasing the annual rate of degradation from -0.7%/year to -0.6%/year thereafter.