---
title: "Adani Solar vs Hyundai - Brand Comparison | ComparePV"
description: "Compare Adani Solar vs Hyundai solar panels: full portfolio, efficiency, cell technology breakdown, warranty terms and company background."
source: "https://comparepv.com/adani-solar-vs-hyundai"
---

# Adani Solar vs Hyundai

Hyundai has the broader catalog (65 vs 48 models). Adani Solar leads on peak efficiency at 23.71%.


## The two companies


| Attribute | Adani Solar | Hyundai |
| --- | --- | --- |
| Country | India | South Korea |
| Headquarters | Ahmedabad | Seongnam-si |
| Founded | 2015 | 2004 |
| Employees | 3500+ | 206 |
| Annual capacity | 4 GW/year | 1.35 GW/year |
| Tier 1 | yes | yes |
| Listed | NSE: ADANIGREEN | Korea Stock Exchange: 322000 |
| Website | [https://www.adanisolar.com/](https://www.adanisolar.com/) | [https://www.hd-hyundaies.co.kr](https://www.hd-hyundaies.co.kr) |

Adani Solar is a fully integrated, high-efficiency solar panel manufacturer and is part of the Adani Group. They are building a comprehensive solar manufacturing ecosystem, producing everything from metallurgical grade silicon to solar modules. The company is committed to advancing India's renewable energy...

HD Hyundai Energy Solutions is a global provider of solar cells and modules, offering solutions for residential, commercial, and utility-scale projects. They provide monofacial, bifacial, and shingled PV modules, along with inverters and various PV solutions. The company is committed to developing next-generation...


## Catalog & Power


| Measure | Adani Solar | Hyundai | Margin |
| --- | --- | --- | --- |
| Panel Models | 48 | 65 | +17 |
| Max Power | 650 W | 640 W | +10 W |
| Avg Power | 539 W | 442 W | +97 W |


## Efficiency


| Measure | Adani Solar | Hyundai | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 23.71% | 23.40% | +0.31 pp |
| Avg Efficiency | 20.67% | 21.49% | +0.82 pp |


## Reliability & Warranty


| Measure | Adani Solar | Hyundai | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.345%/°C | -0.300%/°C | +0.045 |
| Bifacial Share | 36 (75%) | 43 (66%) | +9 pp |
| Avg Warranty | 29.3 yrs | 27.4 yrs | +1.9 yr |


## Efficiency distribution

Adani Solar skews to higher efficiency: 8% of lineup is 23%+


| Efficiency band | Adani Solar | Hyundai |
| --- | --- | --- |
| \<20% | 10 (20.8%) | 7 (10.8%) |
| 20-21% | 18 (37.5%) | 17 (26.2%) |
| 21-22% | 9 (18.8%) | 12 (18.5%) |
| 22-23% | 7 (14.6%) | 25 (38.5%) |
| 23%+ | 4 (8.3%) | 4 (6.2%) |


## Power distribution

Adani Solar offers more 600W+ panels (38% of lineup)


| Power band | Adani Solar | Hyundai |
| --- | --- | --- |
| \<400W | 10 (20.8%) | 8 (12.3%) |
| 500-599W | 20 (41.7%) | 5 (7.7%) |
| 600-699W | 18 (37.5%) | 3 (4.6%) |
| 400-499W | 0 | 49 (75.4%) |


## Cell technology

Dominant cell tech: **PERC** (54%)

Dominant cell tech: **HJT** (38%)


| Technology | Adani Solar | Hyundai |
| --- | --- | --- |
| PERC | 26 (54.2%) | 25 (38.5%) |
| TOPCon | 14 (29.2%) | 6 (9.2%) |
| N-type | 8 (16.7%) | 0 |
| HJT | 0 | 25 (38.5%) |
| Unknown | 0 | 9 (13.8%) |


## Top panels, Adani Solar


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [ASM-M12-132-650](https://comparepv.com/panel/adani-solar-asm-m12-132-650) | 650 | 20.9 | -0.340 | Monocrystalline |
| 2 | [ASB-M12-132-650](https://comparepv.com/panel/adani-solar-asb-m12-132-650) | 650 | 20.9 | -0.350 | Monocrystalline |
| 3 | [ASM-M12-132-645](https://comparepv.com/panel/adani-solar-asm-m12-132-645) | 645 | 20.7 | -0.340 | Monocrystalline |
| 4 | [ASB-M12-132-645](https://comparepv.com/panel/adani-solar-asb-m12-132-645) | 645 | 20.7 | -0.350 | Monocrystalline |
| 5 | [ASM-M12-132-640](https://comparepv.com/panel/adani-solar-asm-m12-132-640) | 640 | 20.6 | -0.340 | Monocrystalline |
| 6 | [ASB-M12-132-640](https://comparepv.com/panel/adani-solar-asb-m12-132-640) | 640 | 20.6 | -0.350 | Monocrystalline |
| 7 | [AB-G12R-132-640](https://comparepv.com/panel/adani-solar-ab-g12r-132-640) | 640 | 23.7 | -0.280 | Monocrystalline |
| 8 | [ASM-M12-132-635](https://comparepv.com/panel/adani-solar-asm-m12-132-635) | 635 | 20.4 | -0.340 | Monocrystalline |
| 9 | [ASB-M12-132-635](https://comparepv.com/panel/adani-solar-asb-m12-132-635) | 635 | 20.4 | -0.350 | Monocrystalline |
| 10 | [AB-G12R-132-635](https://comparepv.com/panel/adani-solar-ab-g12r-132-635) | 635 | 23.5 | -0.280 | Monocrystalline |


## Top panels, Hyundai


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [HiS-T640NJ](https://comparepv.com/panel/hd-hyundai-energy-solutions-his-t640nj) | 640 | 22.9 | -0.290 | Monocrystalline |
| 2 | [HiS-T635NJ](https://comparepv.com/panel/hd-hyundai-energy-solutions-his-t635nj) | 635 | 22.7 | -0.290 | Monocrystalline |
| 3 | [HiS-T630NJ](https://comparepv.com/panel/hd-hyundai-energy-solutions-his-t630nj) | 630 | 22.5 | -0.290 | Monocrystalline |
| 4 | [HiT-H520LF-FB(ZB)](https://comparepv.com/panel/hyundai-hit-h520lf-fb-zb) | 520 | 23.4 | -0.240 | Monocrystalline |
| 5 | [HiT-H515LF-FB(ZB)](https://comparepv.com/panel/hyundai-hit-h515lf-fb-zb) | 515 | 23.2 | -0.240 | Monocrystalline |
| 6 | [HiT-H510LF-FB(ZB)](https://comparepv.com/panel/hyundai-hit-h510lf-fb-zb) | 510 | 22.9 | -0.240 | Monocrystalline |
| 7 | [HiT-H505LF-FB(ZB)](https://comparepv.com/panel/hyundai-hit-h505lf-fb-zb) | 505 | 22.7 | -0.240 | Monocrystalline |
| 8 | [HiT-H500LF-FB(ZB)](https://comparepv.com/panel/hyundai-hit-h500lf-fb-zb) | 500 | 22.5 | -0.240 | Monocrystalline |
| 9 | [HiT-H460LE-FB(ZB)](https://comparepv.com/panel/hyundai-hit-h460le-fb-zb) | 460 | 23.0 | -0.240 | Monocrystalline |
| 10 | [HiT-H460CE-BF](https://comparepv.com/panel/hyundai-hit-h460ce-bf) | 460 | 23.0 | -0.240 | Monocrystalline |


## Summary

Adani Solar is an Indian manufacturer operating under the Adani Group conglomerate, with manufacturing facilities in Gujarat. The company carries BloombergNEF Tier 1 status and has been recognized as a Kiwa PVEL Top Performer for seven consecutive years - a bankability signal that few Indian manufacturers can match. As of 2024-2025, Adani Solar operates approximately 4 GW of integrated cell and module capacity, split between MonoPERC and TOPCon lines, with a stated target of 10 GW by mid-2026 according to pv-magazine. Hyundai Energy Solutions is a South Korean manufacturer operating as a subsidiary of HD Hyundai; it built an early reputation on the strength of the parent brand and has been growing its footprint in North America and Australia. Its BloombergNEF Tier 1 standing has come into question in recent 2025 updates, with some tracking sources indicating it was removed from the list due to non-compliance criteria - buyers financing large projects should verify current status directly. On institutional scale alone, Adani holds the stronger position today.

Adani Solar's product catalog centers on high-wattage utility and commercial modules - its TOPCon Shine series uses rectangular M10/G12 wafers in bifacial configurations rated from roughly 535 W to 660 W, targeting large ground-mount and industrial rooftop projects. MonoPERC bifacial modules remain available for buyers with tighter budgets or legacy inverter constraints. Hyundai Energy Solutions takes a broader market approach: the XG Series covers residential rooftop installations in the 350-375 W range, while the YH Series bifacial panels are well-suited to residential or small commercial ground-mounts. The company also secured an $85 million utility-scale module supply deal in the United States in 2025, signaling ambitions beyond rooftop work. Hyundai's panels use TOPCon and shingled cell technology at the higher end of its range, with efficiency figures cited between roughly 19 and 23 percent depending on the series.

For a buyer in India or procuring at utility scale with bankability as a priority, Adani Solar is the clearer choice given its confirmed BNEF Tier 1 rating, PVEL track record, and expanding domestic manufacturing. For residential or small commercial buyers in the US or Australia who value brand familiarity and a 25-year product warranty, Hyundai remains a credible mid-market option - though the uncertainty around its current BNEF standing is a reason to do extra due diligence before a large financed project.

\---LINKS---

\- https://www.pv-magazine.com/2024/10/04/adani-to-hit-10-gw-of-solar-cell-module-manufacturing-capacity-by-mid-2026/ \| Adani to hit 10 GW solar cell and module capacity by mid-2026 \| article

\- https://www.solarreviews.com/blog/complete-review-hyundai-solar-panels \| Complete Review of Hyundai Solar Panels in 2025 - SolarReviews \| review

\- https://www.ecowatch.com/solar/best-companies/hyundai-solar-panels \| Hyundai Solar Panels Review 2026 - EcoWatch \| review

\- https://pv-magazine-usa.com/press-releases/hd-hyundai-energy-solutions-secures-85-million-module-supply-agreement-for-major-u-s-utility-scale-solar-project/ \| HD Hyundai Energy Solutions secures $85M US utility-scale supply deal \| article

\- https://a1solarstore.com/blog/adani-solar-panels-review-future-of-indian-solar.html \| Adani Solar Panels Review 2026 - A1 SolarStore Magazine \| review

Sources:

\- \[Adani to hit 10 GW solar cell and module capacity by mid-2026 - pv-magazine\](https://www.pv-magazine.com/2024/10/04/adani-to-hit-10-gw-of-solar-cell-module-manufacturing-capacity-by-mid-2026/)

\- \[Complete Review of Hyundai Solar Panels in 2025 - SolarReviews\](https://www.solarreviews.com/blog/complete-review-hyundai-solar-panels)

\- \[Hyundai Solar Panels Review 2026 - EcoWatch\](https://www.ecowatch.com/solar/best-companies/hyundai-solar-panels)

\- \[HD Hyundai Energy Solutions secures $85M US utility-scale supply deal - pv-magazine USA\](https://pv-magazine-usa.com/press-releases/hd-hyundai-energy-solutions-secures-85-million-module-supply-agreement-for-major-u-s-utility-scale-solar-project/)

\- \[Adani Solar Panels Review 2026 - A1 SolarStore Magazine\](https://a1solarstore.com/blog/adani-solar-panels-review-future-of-indian-solar.html)

Written by claude-sonnet from the figures above.


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Source: https://comparepv.com/adani-solar-vs-hyundai

Not in this file, on the page: the distributions above drawn as charts.