Goldi Solar vs Risen - solar panel manufacturer comparison
Risen has the broader catalog (153 vs 145 models). Risen leads on peak efficiency at 24.00%.
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
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...
- Founded
- 2011
- Headquarters
- Surat, India
- Annual capacity
- 15.2 GW/year
- Employees
- 250-499 Employees
- Tier 1 bankable
- Yes
- Founded
- 1986
- Headquarters
- Ninghai, China
- Listed
- SZSE: 300118
- 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
Risen skews to higher efficiency: 10% of lineup is 23%+
Risen offers more 600W+ panels (39% of lineup)
Dominant cell tech: PERC (74%)
Dominant cell tech: TOPCon (39%)
The flagships
Written summary
Goldi Solar is an Indian manufacturer headquartered in Surat, Gujarat, founded in 2011 by Bharat Bhut and Ishver Dholakiya, which grew its manufacturing capacity from just 10 MW to over 2.5 GW within a decade and is now rapidly scaling toward 14-17 GW of module capacity while also entering cell production. The company has held Bankable Tier 1 status from Bloomberg New Energy Finance since 2020 and exports to more than 20 countries, including several European markets such as Germany, Italy, France and Denmark. Risen Energy, a Chinese manufacturer based in Ningbo, Zhejiang, listed on the Shenzhen stock exchange since 2010, operates at a dramatically larger scale, with roughly 48 GW of annual module capacity, placing it among the world's top ten manufacturers by shipment volume. Risen currently holds dual BloombergNEF Tier 1 status covering both modules and energy storage, giving it a markedly stronger institutional and financial footprint than the still-growing but younger and smaller-scale Goldi Solar.
Both brands cover residential rooftop, commercial and industrial (C&I), and utility-scale ground-mount applications, but with a different technology emphasis. Goldi Solar's flagship HELOC Plus series uses N-type TOPCon cells, with G12 modules rated up to 705 Wp and efficiencies up to 22.7 percent, also marketed for BIPV and vertical installations. Risen runs a broader technology mix, pairing TOPCon with its flagship Hyper-ion heterojunction (HJT) line, reaching module efficiencies of 23.8 to 24 percent, backed by a 25-year product warranty and a 30-year power output guarantee.
For a typical international buyer, whether a residential installer or a utility-scale developer, Risen is the safer default choice given its larger global scale, longer track record, and dual Tier 1 status, while Goldi Solar is a credible, fast-growing alternative with solid TOPCon technology, particularly attractive for buyers looking to diversify their supply chain away from China.
Generated by Claude Sonnet 5 · 2026-10-09
Other brand comparisons
Shop prices: See 12 Risen offers
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.