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October 08, 2013

LG Set to Show Off Clean Energy Alternatives at WEC



While LG might be better known amongst the general public for its consumer electronics devices, the company just announced that it would be formally pushing its energy solutions division forward. In doing so, the company hopes to make significant strides in the clean energy market by offering up a package that includes energy generation, storage and delivery. The company says that it is going to be showing off its clean energy package at the 22nd annual World Energy Congress, which takes place in South Korea, Oct. 13-17.

While LG is taking a rather large step by offering up a package at the WEC, South Korea itself is taking quite a bit step forward on the clean energy stage. This year will mark just the second time ever that the WEC has taken place in the East Asian region. Daegu, South Korea’s “green-growth” city, will host the event and will see somewhere in the neighborhood of 5,000 international delegates will be journeying to the city to take part in the event.

LG has decided to set up a booth where representatives from all of the company’s clean energy departments including; LG Electronics (News - Alert), LG Chem, LG Uplus and LG CNS will exhibit energy solutions. LG’s Smart Generation Zone will feature solutions like the MonoX NeON solar modules. These were developed using LG’s proprietary semiconductor technologies that are built to minimize energy wastes when they are deployed.

LG Chem is set to show off its Energy Storage Systems (ESS), which can be used for both residential and industrial applications. The firm is set to show off a device that is capable of transmitting stored energy that is generated by photovoltaic techniques as well as the wind. These particular devices are supposed to be used during peak hours, maximizing energy efficiency and self-consumption.

LG’s president and COO, Juno Cho, is also expected to directly participate in the WEC. Cho will take part in the World Energy Leaders’ Summit where he and other technology big wigs will discuss the most pressing issues of the energy industry today.




Edited by Alisen Downey

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