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

# Emmvee vs Hyundai

Emmvee has the broader catalog (166 vs 65 models). Emmvee leads on peak efficiency at 23.51%. Hyundai leans bifacial (66% of lineup).


## The two companies


| Attribute | Emmvee | Hyundai |
| --- | --- | --- |
| Country | India | South Korea |
| Headquarters | Bengaluru | Seongnam-si |
| Founded | 1992 | 2004 |
| Employees |  | 206 |
| Annual capacity |  | 1.35 GW/year |
| Tier 1 | no | yes |
| Listed |  | Korea Stock Exchange: 322000 |
| Website | [https://www.emmveephotovoltaic.com](https://www.emmveephotovoltaic.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 | Emmvee | Hyundai | Margin |
| --- | --- | --- | --- |
| Panel Models | 166 | 65 | +101 |
| Max Power | 720 W | 640 W | +80 W |
| Avg Power | 526 W | 442 W | +84 W |


## Efficiency


| Measure | Emmvee | Hyundai | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 23.51% | 23.40% | +0.11 pp |
| Avg Efficiency | 21.69% | 21.49% | +0.20 pp |


## Reliability & Warranty


| Measure | Emmvee | Hyundai | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.311%/°C | -0.300%/°C | +0.011 |
| Bifacial Share | 91 (55%) | 43 (66%) | +11 pp |
| Avg Warranty | 27.0 yrs | 27.4 yrs | +0.4 yr |


## Efficiency distribution

Emmvee skews to higher efficiency: 10% of lineup is 23%+


| Efficiency band | Emmvee | Hyundai |
| --- | --- | --- |
| \<20% | 1 (0.6%) | 7 (10.8%) |
| 20-21% | 48 (28.9%) | 17 (26.2%) |
| 21-22% | 47 (28.3%) | 12 (18.5%) |
| 22-23% | 54 (32.5%) | 25 (38.5%) |
| 23%+ | 16 (9.6%) | 4 (6.2%) |


## Power distribution

Emmvee offers more 600W+ panels (16% of lineup)


| Power band | Emmvee | Hyundai |
| --- | --- | --- |
| \<400W | 6 (3.6%) | 8 (12.3%) |
| 400-499W | 62 (37.3%) | 49 (75.4%) |
| 500-599W | 72 (43.4%) | 5 (7.7%) |
| 600-699W | 16 (9.6%) | 3 (4.6%) |
| 700W+ | 10 (6.0%) | 0 |


## Cell technology

Dominant cell tech: **TOPCon** (61%)

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


| Technology | Emmvee | Hyundai |
| --- | --- | --- |
| TOPCon | 102 (61.4%) | 6 (9.2%) |
| PERC | 63 (38.0%) | 25 (38.5%) |
| N-type | 1 (0.6%) | 0 |
| HJT | 0 | 25 (38.5%) |
| Unknown | 0 | 9 (13.8%) |


## Top panels, Emmvee


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [E720HCBG 132-T](https://comparepv.com/panel/emmvee-e720hcbg-132-t) | 720 | 23.2 | -0.290 | Monocrystalline |
| 2 | [E720HCBG132-T](https://comparepv.com/panel/emmvee-e720hcbg132-t) | 720 | 23.2 | -0.290 | Monocrystalline |
| 3 | [E715HCBG 132-T](https://comparepv.com/panel/emmvee-e715hcbg-132-t) | 715 | 23.0 | -0.290 | Monocrystalline |
| 4 | [E715HCBG132-T](https://comparepv.com/panel/emmvee-e715hcbg132-t) | 715 | 23.0 | -0.290 | Monocrystalline |
| 5 | [E710HCBG 132-T](https://comparepv.com/panel/emmvee-e710hcbg-132-t) | 710 | 22.9 | -0.290 | Monocrystalline |
| 6 | [E710HCBG132-T](https://comparepv.com/panel/emmvee-e710hcbg132-t) | 710 | 22.9 | -0.290 | Monocrystalline |
| 7 | [E705HCBG 132-T](https://comparepv.com/panel/emmvee-e705hcbg-132-t) | 705 | 22.7 | -0.290 | Monocrystalline |
| 8 | [E705HCBG132-T](https://comparepv.com/panel/emmvee-e705hcbg132-t) | 705 | 22.7 | -0.290 | Monocrystalline |
| 9 | [E700HCBG 132-T](https://comparepv.com/panel/emmvee-e700hcbg-132-t) | 700 | 22.5 | -0.290 | Monocrystalline |
| 10 | [E700HCBG132-T](https://comparepv.com/panel/emmvee-e700hcbg132-t) | 700 | 22.5 | -0.290 | 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

Emmvee is an Indian manufacturer headquartered in Bengaluru, founded in 1992 by D.V. Manjunatha initially as a solar water heater company, before establishing its photovoltaic module division in 2007. By late 2025 the company had scaled to roughly 10.3 GW of module manufacturing capacity and approximately 2.94 GW of cell capacity, making it one of the largest pure-play integrated PV producers in India. It is notably the only Indian company to have passed all seven Kiwa PVEL 2024 Reliability Scorecard tests, which provides independent validation of product durability. HD Hyundai Energy Solutions is a South Korean manufacturer headquartered in Seoul, which launched its solar business in 2004 and was spun off as an independent entity in 2016. It is recognised as a Tier 1 bankable manufacturer, sells across Europe, the United States, Australia, and Asia, and operates smart-factory production lines in South Korea. On the basis of global brand recognition and established bankability ratings with financial institutions, Hyundai currently carries a stronger institutional footprint in Western markets.

Emmvee's catalog covers modules from roughly 385 W to 580 W, with efficiency spanning approximately 19.7% to 22.4%, and the range is oriented primarily toward utility-scale ground-mount and large commercial EPC projects in India and export markets including Europe and Africa. Hyundai Energy Solutions offers a broader catalogue of around 62 models with an average efficiency of approximately 21.6% and top-tier models reaching 23.4%, using confirmed N-type TOPCon and PERC cell technologies. Its lineup addresses premium residential rooftops as well as commercial and light utility applications, and the company posted top-performer results in the 2024 PVEL scorecard across thermal cycling, mechanical stress, hail stress, PID, LID, and LETID categories - a strong all-round showing.

For a typical buyer in 2025, Hyundai Energy Solutions is the safer default in Western residential and commercial contexts due to its Tier 1 bankability status, TOPCon-driven efficiency gains, and broad distribution network. Emmvee is the more compelling choice for large-scale project procurement in India or for buyers who prioritise a rapidly scaling domestic manufacturer with independently verified reliability credentials. Neither brand is a poor choice; the decision ultimately hinges on geography, project scale, and whether institutional financing requirements demand an established Tier 1 rating.

\---LINKS---

\- https://www.pv-magazine.com/2025/12/22/emmvee-starts-production-at-2-5-gw-solar-module-line-in-india/ \| Emmvee starts production at 2.5 GW solar module line in India \| article

\- https://www.pv-tech.org/emmvee-expands-manufacturing-footprint-2-5gw-module-line/ \| Emmvee expands manufacturing with 2.5 GW module line and 6 GW facility \| article

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

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

\- https://www.eqmagpro.com/emmvee-a-32-year-legacy-of-solar-excellence-eq/ \| Emmvee - A 32-Year Legacy of Solar Excellence - EQ Magazine \| article

Sources:

\- \[Emmvee starts production at 2.5 GW solar module line in India\](https://www.pv-magazine.com/2025/12/22/emmvee-starts-production-at-2-5-gw-solar-module-line-in-india/)

\- \[Emmvee expands manufacturing footprint - PV Tech\](https://www.pv-tech.org/emmvee-expands-manufacturing-footprint-2-5gw-module-line/)

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

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

\- \[Emmvee 32-Year Legacy - EQ Magazine\](https://www.eqmagpro.com/emmvee-a-32-year-legacy-of-solar-excellence-eq/)

Written by claude-sonnet from the figures above.


## Other comparisons

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


---

Source: https://comparepv.com/emmvee-vs-hyundai

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

