MonoX NeoN is a development over the MonoX module launched at the same event last year. The light-weight MonoX NeoN Premium modules weigh 16.8kg, which is 11.1% lighter than the previous models.

The modules have the same 60-cell panel design of MonoX but come with a higher output of 300W, against 260MW, with 18.3% module efficiency.

The modules are installed with LG’s N-Type cell manufacturing technology, selective emitter and fine electrode technologies and anti-reflection coating technology.

LG Electronics USA senior vice president James Lee said that the solar industry, which was growing exponentially, was witnessing the challenges of space limitations and installation costs.

"At LG, we are meeting this challenge in our research and development laboratories where we are developing high-efficiency solar modules that have the same durability and size as existing modules, but that yield a higher wattage than any other module available on the U.S. market and are significantly easier to install." Lee said.

"Our new MonoX NeoN module offers installers the ability to take on a greater number of jobs in a shorter period of time. Further, our panels fit into any conventional racking system," he added.