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LG Electronics will convert its A1 plasma panel-manufacturing line in Gumi, Korea, into solar cell production lines.
LG plans to establish two production lines, and it expects that the first line will be able to begin mass production from the first quarter of 2010, with the second line beginning full operations in the first quarter of 2011. Both lines will manufacture crystalline silicon solar cells and modules with a capacity of 120MW each.
LG said that crystalline silicon solar cells will make up the 80% of solar business, in contrast to thin film solar cells. Crystal silicon solar cell utilizes silicon wafer, while thin film solar cell coats light absorption layers and electrodes from various materials on a substrate, meaning thin film solar cell is relatively inexpensive but low in efficiency. Currently, the global solar industry market is valued at more than USD %10 billion.
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