Growatt vs Hyundai - solar panel manufacturer comparison
Hyundai has the broader catalog (65 vs 1 models). Hyundai leads on peak efficiency at 23.40%. Hyundai leans bifacial (66% of lineup).
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
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...
- Founded
- 2004
- Headquarters
- Seongnam-si, South Korea
- Annual capacity
- 1.35 GW/year
- Employees
- 206
- 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
Hyundai skews to higher efficiency: 6% of lineup is 23%+
Hyundai offers more 600W+ panels (5% of lineup)
Dominant cell tech: <strong>PERC</strong> (100%)
Dominant cell tech: <strong>HJT</strong> (38%)
The flagships
Written summary
Growatt is a Chinese clean-energy technology company headquartered in Shenzhen, founded in 2010 and best known globally as the world's leading residential solar inverter supplier - a position confirmed by Wood Mackenzie and S&P Global data for multiple years through 2024. Its primary business is inverters and battery storage systems, not solar panel manufacturing, and its institutional footprint in the panel market is accordingly modest compared with dedicated module makers. HD Hyundai Energy Solutions, by contrast, is a dedicated solar panel manufacturer operating under the HD Hyundai Group, a Fortune Global 500 conglomerate based in South Korea. Hyundai Energy Solutions holds Bloomberg NEF Tier 1 bankability status, signaling that major lenders will finance projects using its modules, and it manufactures panels primarily from its Korean facility, which the company positions as a tariff-risk hedge for U.S. buyers. On institutional credibility as a panel manufacturer, Hyundai Energy Solutions holds the stronger position.
Growatt's solar panel catalog is a secondary offering alongside its core inverter and storage lines, and independent reviewers note it is primarily selected as part of an integrated Growatt ecosystem - inverter, battery, and monitoring combined - rather than as a standalone module brand. Hyundai Energy Solutions has committed fully to the panel segment, with a lineup that now centers on N-Type TOPCon cell technology, confirmed via a mass-production announcement covered by pv-magazine. Its residential and commercial modules span roughly 435 W to 440 W in the half-cut bifacial format, while utility-scale variants reach 640 W. The company was also named a PVEL 2025 Top Performer, indicating strong independent durability test results across thermal cycling, hail stress, and PID categories.
For a buyer in 2025 specifically shopping for solar panels, Hyundai Energy Solutions is the more natural choice: it is a purpose-built module manufacturer with confirmed Tier 1 bankability, current TOPCon technology, Korean provenance that reduces trade-policy exposure, and independent quality validation. Growatt is the better pick when the priority is inverter or hybrid-storage integration; its panel offer is best treated as an add-on to that ecosystem rather than a standalone purchasing decision.
Generated by Claude Sonnet · 2026-06-11
Other brand comparisons
Shop prices: See 2 Growatt offers · See 38 Hyundai 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.