---
title: "Goldi Solar vs HT-SAAE - Brand Comparison | ComparePV"
description: "Compare Goldi Solar vs HT-SAAE solar panels: full portfolio, efficiency, cell technology breakdown, warranty terms and company background."
source: "https://comparepv.com/goldi-solar-vs-ht-saae"
---

# Goldi Solar vs HT-SAAE

Goldi Solar has the broader catalog (145 vs 112 models). HT-SAAE leads on peak efficiency at 23.90%. Goldi Solar leans bifacial (79% of lineup).


## The two companies


| Attribute | Goldi Solar | HT-SAAE |
| --- | --- | --- |
| Country | India | China |
| Headquarters | Surat | Shanghai |
| Founded | 2011 | 1998 |
| Employees | 250-499 Employees | 500+ |
| Annual capacity | 15.2 GW/year | 2+ GW/year |
| Tier 1 | yes | yes |
| Listed |  | Shanghai Stock Exchange: 600151:SHH |
| Website | [http://www.goldisolar.com](http://www.goldisolar.com) | [http://www.ht-saae.com](http://www.ht-saae.com) |

Goldi Solar is a leading Indian solar PV module manufacturer and EPC service provider committed to accelerating the transition to sustainable energy. Established in 2011 and headquartered in Surat, Gujarat, the company offers cutting-edge solar solutions that power industries, businesses, and communities across more...

HT-SAAE (Shanghai Aerospace Automobile Electromechanical Co., Ltd.) is a state-owned enterprise specializing in photovoltaic products. The company integrates polysilicon, solar cells, battery packs, and photovoltaic + energy storage systems. They develop and manufacture solar panels for residential, commercial, and...


## Catalog & Power


| Measure | Goldi Solar | HT-SAAE | Margin |
| --- | --- | --- | --- |
| Panel Models | 145 | 112 | +33 |
| Max Power | 715 W | 715 W |  |
| Avg Power | 513 W | 470 W | +43 W |


## Efficiency


| Measure | Goldi Solar | HT-SAAE | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 23.03% | 23.90% | +0.87 pp |
| Avg Efficiency | 21.16% | 20.47% | +0.69 pp |


## Reliability & Warranty


| Measure | Goldi Solar | HT-SAAE | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.326%/°C | -0.322%/°C | +0.005 |
| Bifacial Share | 115 (79%) | 53 (47%) | +32 pp |
| Avg Warranty | 27.6 yrs | 29.1 yrs | +1.6 yr |


## Efficiency distribution

HT-SAAE skews to higher efficiency: 24% of lineup is 23%+


| Efficiency band | Goldi Solar | HT-SAAE |
| --- | --- | --- |
| \<20% | 4 (2.8%) | 30 (26.8%) |
| 20-21% | 67 (46.2%) | 4 (3.6%) |
| 21-22% | 47 (32.4%) | 12 (10.7%) |
| 22-23% | 25 (17.2%) | 39 (34.8%) |
| 23%+ | 2 (1.4%) | 27 (24.1%) |


## Power distribution

HT-SAAE offers more 600W+ panels (18% of lineup)


| Power band | Goldi Solar | HT-SAAE |
| --- | --- | --- |
| \<400W | 8 (5.5%) | 30 (26.8%) |
| 400-499W | 59 (40.7%) | 33 (29.5%) |
| 500-599W | 59 (40.7%) | 29 (25.9%) |
| 600-699W | 12 (8.3%) | 16 (14.3%) |
| 700W+ | 7 (4.8%) | 4 (3.6%) |


## Cell technology

Dominant cell tech: **PERC** (74%)

Dominant cell tech: **TOPCon** (79%)


| Technology | Goldi Solar | HT-SAAE |
| --- | --- | --- |
| PERC | 107 (73.8%) | 19 (17.0%) |
| TOPCon | 31 (21.4%) | 88 (78.6%) |
| HJT | 7 (4.8%) | 0 |
| Unknown | 0 | 5 (4.5%) |


## Top panels, Goldi Solar


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [GS12-T132-GF-715](https://comparepv.com/panel/goldi-solar-gs12-t132-gf-715) | 715 | 23.0 | -0.280 | Monocrystalline |
| 2 | [GS12-T132-GF-710](https://comparepv.com/panel/goldi-solar-gs12-t132-gf-710) | 710 | 22.9 | -0.280 | Monocrystalline |
| 3 | [G12 Series 710Wp](https://comparepv.com/panel/goldi-solar-g12-series-710wp) | 710 | 22.9 | -0.259 | Monocrystalline |
| 4 | [GS12-T132-GF-705](https://comparepv.com/panel/goldi-solar-gs12-t132-gf-705) | 705 | 22.7 | -0.280 | Monocrystalline |
| 5 | [G12 Series 705Wp](https://comparepv.com/panel/goldi-solar-g12-series-705wp) | 705 | 22.7 | -0.259 | Monocrystalline |
| 6 | [GS12-T132-GF-700](https://comparepv.com/panel/goldi-solar-gs12-t132-gf-700) | 700 | 22.5 | -0.280 | Monocrystalline |
| 7 | [G12 Series 700Wp](https://comparepv.com/panel/goldi-solar-g12-series-700wp) | 700 | 22.5 | -0.259 | Monocrystalline |
| 8 | [GS12-T132-GF-695](https://comparepv.com/panel/goldi-solar-gs12-t132-gf-695) | 695 | 22.4 | -0.280 | Monocrystalline |
| 9 | [G12 Series 695Wp](https://comparepv.com/panel/goldi-solar-g12-series-695wp) | 695 | 22.4 | -0.259 | Monocrystalline |
| 10 | [GS12-T132-GF-690](https://comparepv.com/panel/goldi-solar-gs12-t132-gf-690) | 690 | 22.2 | -0.280 | Monocrystalline |


## Top panels, HT-SAAE


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [HT66-210(ND)-F 715W](https://comparepv.com/panel/ht-saae-ht66-210-nd-f-715w) | 715 | 23.0 | -0.310 | Monocrystalline |
| 2 | [HT66-210(ND)-F 710W](https://comparepv.com/panel/ht-saae-ht66-210-nd-f-710w) | 710 | 22.9 | -0.310 | Monocrystalline |
| 3 | [HT66-210(ND)-F 705W](https://comparepv.com/panel/ht-saae-ht66-210-nd-f-705w) | 705 | 22.7 | -0.310 | Monocrystalline |
| 4 | [HT66-210(ND)-F 700W](https://comparepv.com/panel/ht-saae-ht66-210-nd-f-700w) | 700 | 22.5 | -0.310 | Monocrystalline |
| 5 | [HT66-210(ND)-F 695W](https://comparepv.com/panel/ht-saae-ht66-210-nd-f-695w) | 695 | 22.4 | -0.310 | Monocrystalline |
| 6 | [HT66-18X(N)-630W](https://comparepv.com/panel/ht-saae-ht66-18x-n-630w) | 630 | 23.3 | -0.310 | Monocrystalline |
| 7 | [HT66-18X(N)-625W](https://comparepv.com/panel/ht-saae-ht66-18x-n-625w) | 625 | 23.1 | -0.310 | Monocrystalline |
| 8 | [HT66-18X(ND)-F 620W](https://comparepv.com/panel/ht-saae-ht66-18x-nd-f-620w) | 620 | 23.0 | -0.310 | Monocrystalline |
| 9 | [HT66-18X(N)-620W](https://comparepv.com/panel/ht-saae-ht66-18x-n-620w) | 620 | 23.0 | -0.310 | Monocrystalline |
| 10 | [HT66-18X(ND)-F-620](https://comparepv.com/panel/ht-saae-ht66-18x-nd-f-620) | 620 | 23.0 | -0.310 | Monocrystalline |


## Summary

Goldi Solar is an Indian manufacturer headquartered in Gujarat that has grown rapidly into the country's largest domestic module producer, with annual module capacity reported around 14 to 15 GW and plans to add its own cell production lines starting in 2025 as it moves toward vertical integration. HT-SAAE, formally Shanghai Aerospace Automobile Electromechanical Co., traces its roots to 1960 and China's satellite program, and operates as a state-owned enterprise with a smaller but long-standing production base of roughly 5 GW. Both brands carry Tier 1 bankability status under BloombergNEF, with HT-SAAE holding that recognition for eight consecutive years and Goldi Solar earning it more recently as its capacity scaled up; on institutional pedigree and multi-decade track record, HT-SAAE has the deeper footprint, while Goldi Solar has the stronger current growth trajectory and scale within the Indian market.

Goldi Solar's product lines are oriented primarily toward utility-scale and commercial rooftop projects within India, reflecting the country's push for domestic manufacturing under government incentive schemes, alongside residential offerings. HT-SAAE's catalog is broader and more export-oriented, spanning well over a hundred module models from 270W up to 715W, covering residential, commercial and utility segments, with a technology mix dominated by TOPCon cells alongside a smaller share of PERC, and efficiencies in the low-to-mid 20 percent range that are in line with current industry norms.

For a typical buyer in 2025, the choice largely comes down to region and priorities rather than a clear quality gap. Buyers in India benefit from Goldi Solar's local manufacturing, domestic content compliance and rapidly expanding capacity, while buyers seeking a manufacturer with a longer international track record, extensive model variety and long warranty terms may find HT-SAAE the more established option. Both are credible, bankable Tier 1 choices, and the brands are broadly comparable for most standard rooftop and commercial installations.

\---LINKS---

\- https://www.pv-tech.org/goldi-solar-to-expand-module-capacity-to-14gw-by-fy26/ \| Goldi Solar to expand module capacity to 14GW by FY26 \| article

\- https://www.pv-magazine-india.com/2024/10/07/goldi-solar-to-start-pv-cell-production-from-mid-2025/ \| Goldi Solar to start PV cell production from mid-2025 \| article

\- https://www.solarquotes.com.au/panels/ht-saae-review.html \| HT-SAAE Solar Panels Review \| review

\- https://a1solarstore.com/blog/ht-saae-solar-panels-review-to-the-moon-and-back.html \| HT-SAAE solar panels review 2026 \| review

\- https://www.vicoexport.com/en/58668/tier-1-list-of-solar-panel-manufacturers-q1-2025/ \| Tier 1 List of Solar Panel Manufacturers - Q1 2025 \| article

Written by claude-sonnet-5 from the figures above.


## Other comparisons

- [Goldi Solar vs A.B. Energy](https://comparepv.com/goldi-solar-vs-a-b-energy)
- [AE Solar vs HT-SAAE](https://comparepv.com/ae-solar-vs-ht-saae)
- [Goldi Solar vs AEET](https://comparepv.com/goldi-solar-vs-aeet)
- [AIKO vs HT-SAAE](https://comparepv.com/aiko-vs-ht-saae)
- [Goldi Solar vs AKCOME](https://comparepv.com/goldi-solar-vs-akcome)
- [ARTsolar vs HT-SAAE](https://comparepv.com/artsolar-vs-ht-saae)


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Source: https://comparepv.com/goldi-solar-vs-ht-saae

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