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

# EGing PV vs Hyundai

EGing PV has the broader catalog (131 vs 65 models). Hyundai leads on peak efficiency at 23.40%. Hyundai leans bifacial (66% of lineup).


## The two companies


| Attribute | EGing PV | Hyundai |
| --- | --- | --- |
| Country | China | South Korea |
| Headquarters | Changzhou | Seongnam-si |
| Founded | 2003 | 2004 |
| Employees |  | 206 |
| Annual capacity |  | 1.35 GW/year |
| Tier 1 | yes | yes |
| Listed | SZSE: 600537 | Korea Stock Exchange: 322000 |
| Website | [https://www.egingpv.com](https://www.egingpv.com) | [https://www.hd-hyundaies.co.kr](https://www.hd-hyundaies.co.kr) |

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 | EGing PV | Hyundai | Margin |
| --- | --- | --- | --- |
| Panel Models | 131 | 65 | +66 |
| Max Power | 685 W | 640 W | +45 W |
| Avg Power | 504 W | 442 W | +62 W |


## Efficiency


| Measure | EGing PV | Hyundai | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 22.45% | 23.40% | +0.95 pp |
| Avg Efficiency | 20.90% | 21.49% | +0.59 pp |


## Reliability & Warranty


| Measure | EGing PV | Hyundai | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.336%/°C | -0.300%/°C | +0.036 |
| Bifacial Share | 51 (39%) | 43 (66%) | +27 pp |
| Avg Warranty | 26.9 yrs | 27.4 yrs | +0.4 yr |


## Efficiency distribution

Hyundai skews to higher efficiency: 6% of lineup is 23%+


| Efficiency band | EGing PV | Hyundai |
| --- | --- | --- |
| \<20% | 13 (9.9%) | 7 (10.8%) |
| 20-21% | 58 (44.3%) | 17 (26.2%) |
| 21-22% | 51 (38.9%) | 12 (18.5%) |
| 22-23% | 9 (6.9%) | 25 (38.5%) |
| 23%+ | 0 | 4 (6.2%) |


## Power distribution

EGing PV offers more 600W+ panels (22% of lineup)


| Power band | EGing PV | Hyundai |
| --- | --- | --- |
| \<400W | 25 (19.1%) | 8 (12.3%) |
| 400-499W | 40 (30.5%) | 49 (75.4%) |
| 500-599W | 37 (28.2%) | 5 (7.7%) |
| 600-699W | 29 (22.1%) | 3 (4.6%) |


## Cell technology

Dominant cell tech: **PERC** (76%)

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


| Technology | EGing PV | Hyundai |
| --- | --- | --- |
| PERC | 100 (76.3%) | 25 (38.5%) |
| TOPCon | 31 (23.7%) | 6 (9.2%) |
| HJT | 0 | 25 (38.5%) |
| Unknown | 0 | 9 (13.8%) |


## Top panels, EGing PV


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [EG-685NT66-HU/BF-DG](https://comparepv.com/panel/eging-pv-eg-685nt66-hu-bf-dg) | 685 | 22.1 | -0.300 | Monocrystalline |
| 2 | [EG-680NT66-HU/BF-DG](https://comparepv.com/panel/eging-pv-eg-680nt66-hu-bf-dg) | 680 | 21.9 | -0.300 | Monocrystalline |
| 3 | [EG-675NT66-HU/BF-DG](https://comparepv.com/panel/eging-pv-eg-675nt66-hu-bf-dg) | 675 | 21.7 | -0.300 | Monocrystalline |
| 4 | [EG-670NT66-HU/BF-DG](https://comparepv.com/panel/eging-pv-eg-670nt66-hu-bf-dg) | 670 | 21.6 | -0.300 | Monocrystalline |
| 5 | [EG-670M66-HU/BF-DG](https://comparepv.com/panel/eging-pv-eg-670m66-hu-bf-dg) | 670 | 21.6 | -0.340 | Monocrystalline |
| 6 | [EG-670M66-HUV](https://comparepv.com/panel/eging-pv-eg-670m66-huv) | 670 | 21.6 | -0.340 | Monocrystalline |
| 7 | [EG-665NT66-HU/BF-DG](https://comparepv.com/panel/eging-pv-eg-665nt66-hu-bf-dg) | 665 | 21.4 | -0.300 | Monocrystalline |
| 8 | [EG-665M66-HU/BF-DG](https://comparepv.com/panel/eging-pv-eg-665m66-hu-bf-dg) | 665 | 21.4 | -0.340 | Monocrystalline |
| 9 | [EG-665M66-HUV](https://comparepv.com/panel/eging-pv-eg-665m66-huv) | 665 | 21.4 | -0.340 | Monocrystalline |
| 10 | [EG-660NT66-HU/BF-DG](https://comparepv.com/panel/eging-pv-eg-660nt66-hu-bf-dg) | 660 | 21.2 | -0.300 | 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

EGing PV is a Chinese manufacturer founded in 2003 and headquartered in Changzhou, Jiangsu province, listed on the Shanghai Stock Exchange. The company built out significant production infrastructure - including PERC cell and N-type TOPCon cell lines totalling several gigawatts of nameplate capacity - and at its peak held Bloomberg NEF Tier 1 bankability status. However, its institutional standing has been materially undermined by severe recent losses: the company posted a net loss of approximately $288 million in 2024 on revenues that fell more than 57% year-on-year, module production utilisation has fallen below 40%, and in early 2026 the company entered a pre-restructuring process to secure emergency financing. Hyundai Energy Solutions is the solar arm of the South Korean Hyundai conglomerate, established in 2004, and currently holds Bloomberg NEF Tier 1 status. Backed by one of Asia's largest industrial groups, Hyundai carries a considerably stronger institutional and financial footprint than EGing PV does today.

On the product side, EGing PV's current lineup centres on N-type TOPCon modules, including the Star Pro series (425-445 W, up to 22.8% efficiency), and the company offers a 30-year linear power warranty alongside a 25-year product warranty. The panels are primarily positioned as budget-to-mid-tier options for residential and commercial rooftops in markets such as Australia and Europe. Hyundai Energy Solutions covers a broader residential and small-commercial range: the XG Series targets standard residential rooftops (350-375 W, PERC), the bifacial YH Series suits ground-mounted or dual-glass applications, and the newer NF series uses N-type TOPCon cells reaching efficiencies around 22.5%. Hyundai backs its panels with 25-year product and performance warranties, and its modules are tested in UL and VDE-accredited laboratories.

For most buyers in 2025-2026, Hyundai Energy Solutions is the more prudent default choice. The corporate backing of the Hyundai Group materially reduces long-term warranty risk, whereas EGing PV's ongoing restructuring introduces genuine uncertainty about whether post-sale support and warranty claims will be honoured. EGing PV may remain a viable option in price-sensitive projects where a knowledgeable installer can absorb some counterparty risk, but buyers who prioritise bankability and long-term security should lean toward Hyundai.

\---LINKS---

\- https://www.pv-tech.org/eging-pvs-struggles-reflect-profitability-challenges-for-chinese-solar-producers/ \| EGing PV struggles reflect profitability challenges for Chinese solar producers \| article

\- https://www.pv-magazine.com/2025/05/27/chinese-pv-industry-brief-eging-pv-posts-288-million-net-loss-for-2024/ \| EGing PV posts $288 million net loss for 2024 \| article

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

\- https://www.energysage.com/solar-panels/hyundai-energy-solutions/ \| Hyundai Energy Solutions Solar Panels - EnergySage \| review

\- https://www.solarchoice.net.au/products/panels/eging-solar-panels-review/ \| EGing Solar Panels Independent Review - Solar Choice \| review

Sources:

\- \[EGing PV struggles - PV Tech\](https://www.pv-tech.org/eging-pvs-struggles-reflect-profitability-challenges-for-chinese-solar-producers/)

\- \[EGing PV $288M net loss - PV Magazine\](https://www.pv-magazine.com/2025/05/27/chinese-pv-industry-brief-eging-pv-posts-288-million-net-loss-for-2024/)

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

\- \[Hyundai Energy Solutions - EnergySage\](https://www.energysage.com/solar-panels/hyundai-energy-solutions/)

\- \[EGing Solar Panels Review - Solar Choice\](https://www.solarchoice.net.au/products/panels/eging-solar-panels-review/)

Written by claude-sonnet from the figures above.


## Other comparisons

- [EGing PV vs A.B. Energy](https://comparepv.com/eging-pv-vs-a-b-energy)
- [AE Solar vs Hyundai](https://comparepv.com/ae-solar-vs-hyundai)
- [EGing PV vs AEET](https://comparepv.com/eging-pv-vs-aeet)
- [AIKO vs Hyundai](https://comparepv.com/aiko-vs-hyundai)
- [EGing PV vs AKCOME](https://comparepv.com/eging-pv-vs-akcome)
- [ARTsolar vs Hyundai](https://comparepv.com/artsolar-vs-hyundai)


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Source: https://comparepv.com/eging-pv-vs-hyundai

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

