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

# Emmvee vs ZNShine

ZNShine has the broader catalog (212 vs 166 models). Emmvee leads on peak efficiency at 23.51%. Emmvee leans bifacial (55% of lineup).


## The two companies


| Attribute | Emmvee | ZNShine |
| --- | --- | --- |
| Country | India | China |
| Headquarters | Bengaluru | Suqian |
| Founded | 1992 | 1988 |
| Employees |  | 1,200 |
| Annual capacity |  | 10 GW/year |
| Tier 1 | no | yes |
| Listed |  | NEEQ: 838463 |
| Website | [https://www.emmveephotovoltaic.com](https://www.emmveephotovoltaic.com) | [http://www.znshinesolar.com](http://www.znshinesolar.com) |

ZNShine Solar is a high-tech PV enterprise specializing in R&D, manufacturing, and sales of solar modules. They also provide integrated photovoltaic, battery storage, and green hydrogen solutions, as well as BIPV, rooftop solar, and utility-scale solar solutions with a commitment to boosting green electricity...


## Catalog & Power


| Measure | Emmvee | ZNShine | Margin |
| --- | --- | --- | --- |
| Panel Models | 166 | 212 | +46 |
| Max Power | 720 W | 670 W | +50 W |
| Avg Power | 526 W | 535 W | +8 W |


## Efficiency


| Measure | Emmvee | ZNShine | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 23.51% | 22.83% | +0.68 pp |
| Avg Efficiency | 21.69% | 21.35% | +0.34 pp |


## Reliability & Warranty


| Measure | Emmvee | ZNShine | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.311%/°C | -0.329%/°C | +0.018 |
| Bifacial Share | 91 (55%) | 89 (42%) | +13 pp |
| Avg Warranty | 27.0 yrs | 28.3 yrs | +1.3 yr |


## Efficiency distribution

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


| Efficiency band | Emmvee | ZNShine |
| --- | --- | --- |
| \<20% | 1 (0.6%) | 5 (2.4%) |
| 20-21% | 48 (28.9%) | 59 (27.8%) |
| 21-22% | 47 (28.3%) | 101 (47.6%) |
| 22-23% | 54 (32.5%) | 47 (22.2%) |
| 23%+ | 16 (9.6%) | 0 |


## Power distribution

ZNShine offers more 600W+ panels (20% of lineup)


| Power band | Emmvee | ZNShine |
| --- | --- | --- |
| \<400W | 6 (3.6%) | 6 (2.8%) |
| 400-499W | 62 (37.3%) | 64 (30.2%) |
| 500-599W | 72 (43.4%) | 99 (46.7%) |
| 600-699W | 16 (9.6%) | 43 (20.3%) |
| 700W+ | 10 (6.0%) | 0 |


## Cell technology

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

Dominant cell tech: **PERC** (63%)


| Technology | Emmvee | ZNShine |
| --- | --- | --- |
| TOPCon | 102 (61.4%) | 78 (36.8%) |
| PERC | 63 (38.0%) | 134 (63.2%) |
| N-type | 1 (0.6%) | 0 |


## 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, ZNShine


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [ZXM8-TP132-670W](https://comparepv.com/panel/znshine-zxm8-tp132-670w) | 670 | 21.6 | -0.340 | Monocrystalline |
| 2 | [ZXM8-TPLD132-670](https://comparepv.com/panel/znshine-zxm8-tpld132-670) | 670 | 21.6 | -0.340 | Monocrystalline |
| 3 | [ZXM8-TPLDD132-670](https://comparepv.com/panel/znshine-zxm8-tpldd132-670) | 670 | 21.6 | -0.340 | Monocrystalline |
| 4 | [ZXM8-TP132-670](https://comparepv.com/panel/znshine-zxm8-tp132-670) | 670 | 21.6 | -0.340 | Monocrystalline |
| 5 | [ZXM8-TPLD132-670W](https://comparepv.com/panel/znshine-zxm8-tpld132-670w) | 670 | 21.6 | -0.340 | Monocrystalline |
| 6 | [ZXM8-TP132-665W](https://comparepv.com/panel/znshine-zxm8-tp132-665w) | 665 | 21.4 | -0.340 | Monocrystalline |
| 7 | [ZXM8-TPLD132-665](https://comparepv.com/panel/znshine-zxm8-tpld132-665) | 665 | 21.4 | -0.340 | Monocrystalline |
| 8 | [ZXM8-TPLDD132-665](https://comparepv.com/panel/znshine-zxm8-tpldd132-665) | 665 | 21.4 | -0.340 | Monocrystalline |
| 9 | [ZXM8-TPLD132-665W](https://comparepv.com/panel/znshine-zxm8-tpld132-665w) | 665 | 21.4 | -0.340 | Monocrystalline |
| 10 | [ZXM8-TP132-665](https://comparepv.com/panel/znshine-zxm8-tp132-665) | 665 | 21.4 | -0.340 | Monocrystalline |


## Summary

Emmvee is an Indian solar manufacturer headquartered in Bengaluru, founded in 1992 and active in photovoltaics since 2007. Following the commissioning of a new 2.5 GW production line in late 2025, its total module manufacturing capacity reached approximately 10.3 GW per year, placing it among the largest producers in India. The company operates a European distribution subsidiary, Emmvee Energy GmbH, based in Berlin, which serves as its primary channel into the EU market. ZNShine Solar is a Chinese manufacturer founded in 1988 and headquartered in Changzhou, with a reported global PV production capacity of around 5 GW. ZNShine has held BloombergNEF Tier 1 status continuously since 2013 - a distinction maintained for over a decade - making it well recognized by the banks and developers that finance large-scale projects internationally. On institutional footprint and bankability track record, ZNShine currently holds the stronger position of the two.

Emmvee's product lineup is built around TOPCon and Mono PERC module families, targeting primarily utility-scale ground-mount projects as well as commercial and industrial rooftop installations. A notable quality credential is the company being the only Indian manufacturer to have cleared all seven tests in the Kiwa PVEL 2024 Reliability Scorecard, providing independent validation of its module durability. ZNShine addresses a broader range of segments - residential, commercial and industrial, and utility-scale - with a lineup spanning TOPCon, HJT, and bifacial configurations. The company markets graphene-coated glass modules as self-cleaning, and its HJT panels carry very low temperature coefficients, which can be advantageous in hot-climate deployments or where thermal performance is a key design constraint.

For international buyers where bankability and project-finance acceptance are the primary criteria, ZNShine is the more straightforward default given its uninterrupted Tier 1 recognition and wider technology breadth. Emmvee is the stronger choice where supply-chain diversification away from China is a priority - a consideration that has grown in relevance under EU trade policy scrutiny of Chinese PV - and it brings independently verified quality credentials alongside rapidly expanding capacity. The two brands are not interchangeable: they occupy distinct market niches, and the right choice depends heavily on whether the buyer values established institutional acceptance or geographic supply-chain diversification.

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 ZNShine](https://comparepv.com/ae-solar-vs-znshine)
- [Emmvee vs AEET](https://comparepv.com/emmvee-vs-aeet)
- [AIKO vs ZNShine](https://comparepv.com/aiko-vs-znshine)
- [Emmvee vs AKCOME](https://comparepv.com/emmvee-vs-akcome)
- [ARTsolar vs ZNShine](https://comparepv.com/artsolar-vs-znshine)


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

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