Boviet Solar vs Hyundai - solar panel manufacturer comparison
Hyundai has the broader catalog (65 vs 60 models). Hyundai leads on peak efficiency at 23.40%.
Both catalogues are read from the manufacturers' own datasheets. A brand is not scored against the market here, only against the other brand on this page.
The two companies
Boviet Solar is a leading solar technology company specializing in manufacturing Monocrystalline PERC and N-Type PV cells, as well as Gamma Series™ Monofacial and Vega Series™ Bifacial PV modules. Founded in 2013 in Vietnam, the company is committed to sustainability and innovation, offering robust business stability...
- Founded
- 2013
- Headquarters
- Vietnam
- Annual capacity
- 3 GW/year
- Employees
- 1000+
- Tier 1 bankable
- Yes
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...
- Founded
- 2004
- Headquarters
- Seongnam-si, South Korea
- Annual capacity
- 1.35 GW/year
- Employees
- 206
- Tier 1 bankable
- Yes
Catalogue against catalogue
An average over a catalogue describes the range a manufacturer publishes, not the module you would buy. A brand with two flagship panels and eighty older ones averages worse than one that has retired its back catalogue.
What each of them builds
Hyundai skews to higher efficiency: 6% of lineup is 23%+
Hyundai offers more 600W+ panels (5% of lineup)
Dominant cell tech: <strong>PERC</strong> (60%)
Dominant cell tech: <strong>HJT</strong> (38%)
The flagships
Written summary
Boviet Solar is a Vietnamese manufacturer founded in 2013 and backed by Chinese industrial conglomerate Ningbo Boway Alloy Material Co., Ltd., with module production in Bac Giang City, Vietnam and a U.S. factory in Greenville, North Carolina expanded to 3 GW of annual capacity. Boviet has held BloombergNEF Tier 1 bankability status continuously since 2017 and has earned PVEL Top Performer recognition for three consecutive years. HD Hyundai Energy Solutions - formally Hyundai Energy Solutions - is a South Korean manufacturer with roots in the Hyundai Heavy Industries group, established in its current solar form around 2004-2005 and headquartered in Seongnam-si, South Korea. It also carries BloombergNEF Tier 1 status and operates cell and module production in South Korea's North Chungcheong Province, with annual capacity of roughly 1.4 GW. Both are institutionally recognized, but Boviet's aggressive U.S. manufacturing scale-up and longer Tier 1 track record give it the stronger institutional footprint in North America.
Boviet's lineup centers on monocrystalline TOPCon and PERC cells, with the Gamma Series covering monofacial configurations suited to commercial and utility ground mounts and the Vega Series offering bifacial modules for ground-mount or large rooftop use. Hyundai Energy Solutions offers the XG Series for residential rooftops and the YH bifacial series for ground-mount or light commercial applications, with N-type TOPCon and shingled cell technology confirmed across its newer products. Both manufacturers have posted competitive results in independent stress testing covering thermal cycling, PID resistance, and mechanical loads.
For a typical buyer in 2025, the choice between the two comes down to regional availability and installer preference more than a clear performance gap. Boviet holds a practical edge for U.S.-based projects given its domestic manufacturing footprint, which can reduce lead times and tariff exposure under current trade conditions. Hyundai's South Korean production base and established global distribution make it the stronger fit for markets outside North America. In regions where both are accessible, they are largely interchangeable at a comparable quality tier.
Generated by Claude Sonnet · 2026-06-21
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Comparisons are computed from manufacturer datasheets held in the ComparePV database and may not reflect a brand's complete current lineup. Nothing on this page is paid placement.