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Goldi Solar vs Solar N Plus - solar panel manufacturer comparison

Goldi Solar
India Founded 2011 Tier 1
Read the Goldi Solar review
VS
Solar N Plus
Headquarters not published
Read the Solar N Plus review
At a glance

Solar N Plus has the broader catalog (149 vs 145 models). Solar N Plus leads on peak efficiency at 23.30%.

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.

Panel models
145 149
Highest power
715 Wp 720 Wp
Best efficiency
23.0% 23.3%
Average efficiency
21.2% 22.0%
Bifacial share
79% 74%
Average warranty
28 yrs 30 yrs
01

The two companies

Company facts, not datasheet figures
Goldi Solar

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
02

Catalogue against catalogue

Averages over every model in the database
Metric Goldi Solar Solar N Plus
Catalog & Power
Panel Models 145 149+4
Max Power 715 W 720 W+5 W
Avg Power 513 W+7 W 506 W
Efficiency
Max Efficiency 23.03% 23.30%+0.27 pp
Avg Efficiency 21.16% 21.96%+0.80 pp
Reliability & Warranty
Avg Temp Coefficient -0.326%/°C -0.316%/°C+0.010
Bifacial Share 115 (79%)+5 pp 111 (74%)
Avg Warranty 27.6 yrs 29.7 yrs+2.1 yr

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.

03

What each of them builds

Cell technology across the market
Efficiency spread
Share of each catalogue in every efficiency band

Solar N Plus skews to higher efficiency: 11% of lineup is 23%+

Power spread
Share of each catalogue in every power band

Solar N Plus offers more 600W+ panels (19% of lineup)

Goldi Solar cell technology
Share of their models by cell architecture

Dominant cell tech: PERC (74%)

Solar N Plus cell technology
Share of their models by cell architecture

Dominant cell tech: TOPCon (56%)

04

The flagships

Highest-power models from each brand
05

Written summary

Checking cache...

Goldi Solar is an Indian module manufacturer headquartered in Surat, Gujarat, co-founded around 2010-2011 by Ishver Dholakiya and Bharat Bhut. It earned BloombergNEF Tier 1 bankability status back in 2020, and 2025 ICRA rating reports put the combined manufacturing capacity of the broader Goldi group (Goldi Solar plus affiliate Goldi Sun) at roughly 10 to 15 GW annually, though Goldi Solar's own module line accounts for a much smaller share of that. Solar N Plus is a Chinese manufacturer based in Chuzhou, Anhui province, backed by a publicly listed parent company; it describes itself as having four manufacturing bases in China with about 20 GW of combined capacity across wafers, cells and modules, and it was added to the BloombergNEF Tier 1 list in 2026. On current institutional footing, Solar N Plus appears to have the more recent and verifiable bankability credential, while Goldi Solar brings a longer operating history and a sizeable 2025 growth-capital round led by Havells.

Goldi Solar's current flagship is its TOPCon-based HELOC Plus series, bifacial modules rated from 680 to 705 Wp, aimed at rooftop, commercial and utility-scale projects primarily within the Indian market, alongside plans to backward-integrate into cell production. Solar N Plus positions itself as a vertically integrated N-type specialist selling cells, modules and power-plant development services to more than 40 countries; its modules (such as the SP-M10/144HG, rated 540 to 560 W) are already listed by distributors serving the European market, suggesting suitability for both residential and commercial installations.

For a buyer outside India, Solar N Plus is currently the easier brand to source and verify through local distributors and carries a fresher Tier 1 listing, while Goldi Solar is a fast-growing but still largely India-focused manufacturer with limited independent review coverage abroad. Neither brand has confirmed, independent PVEL or RETC reliability data in the sources available, so buyers should weigh warranty terms and the track record of the specific local distributor rather than relying on manufacturer claims alone.

Generated by Claude Sonnet 5 · 2026-10-14

06

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Something missing from a catalogue? Both lists are built from the datasheets in the database. If a model is absent, it has not been ingested yet.

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.