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Hanersun vs Horay Solar - solar panel manufacturer comparison

Hanersun
China
Read the Hanersun review
VS
Horay Solar
China Founded 2010 Tier 1
Read the Horay Solar review
At a glance

Hanersun has the broader catalog (254 vs 182 models). Hanersun leads on peak efficiency at 24.80%. Horay Solar leans bifacial (67% 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.

Panel models
254 182
Highest power
750 Wp 720 Wp
Best efficiency
24.8% 23.3%
Average efficiency
22.2% 22.5%
Bifacial share
54% 67%
Average warranty
29 yrs 30 yrs
01

The two companies

Company facts, not datasheet figures
Hanersun
Headquarters
Nanjing, China
Horay Solar

Horay Solar is an integrated photovoltaic company specializing in the R&D, production, and sales of solar modules and solar power systems. They are committed to globalization and offer standard and customized solar module solutions. The company's products are exported globally, providing efficient clean energy...

Founded
2010
Headquarters
Wuxi, Jiangsu Province, China
Annual capacity
2.5 GW/year
Employees
400
Tier 1 bankable
Yes
02

Catalogue against catalogue

Averages over every model in the database
Metric Hanersun Horay Solar
Catalog & Power
Panel Models 254+72 182
Max Power 750 W+30 W 720 W
Avg Power 540 W+4 W 536 W
Efficiency
Max Efficiency 24.80%+1.50 pp 23.30%
Avg Efficiency 22.19% 22.46%+0.27 pp
Reliability & Warranty
Avg Temp Coefficient -0.300%/°C -0.280%/°C+0.020
Bifacial Share 136 (54%) 122 (67%)+13 pp
Avg Warranty 28.6 yrs 30.0 yrs+1.4 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

Hanersun skews to higher efficiency: 22% of lineup is 23%+

Power spread
Share of each catalogue in every power band

Hanersun offers more 600W+ panels (35% of lineup)

Hanersun cell technology
Share of their models by cell architecture

Dominant cell tech: <strong>TOPCon</strong> (67%)

Horay Solar cell technology
Share of their models by cell architecture

Dominant cell tech: <strong>TOPCon</strong> (56%)

04

The flagships

Highest-power models from each brand
05

Written summary

Checking cache...

Hanersun is a Chinese solar module manufacturer headquartered in Nanjing, established around 2015. The company holds BloombergNEF Tier 1 status and was recognized as a Top Performer in the 2025 Kiwa PVEL PV Module Reliability Scorecard. Its annual manufacturing capacity stands at approximately 5 GW, and cumulative module shipments exceeded 16 GW by the end of 2025 - establishing it as the larger player by a considerable margin. Horay Solar, based in Wuxi and operating since 2010 as a successor to My Solar, achieved BNEF Tier 1 bankability in Q1 2025 and runs annual production capacity of roughly 2.5 GW. Horay Solar has made deliberate moves into Europe, opening an office in Valencia and establishing a regional after-sales service hub. In terms of global institutional footprint and track record of volume shipments, Hanersun holds the stronger position.

Hanersun's product range spans from around 385 W to over 700 W, covering both PERC and TOPCon cell technologies. The company was among the first globally to commercialize 600 W+ and 700 W+ modules, and its TOPCon-based HITouch5N series achieves efficiencies up to 22.38%. Its portfolio addresses residential rooftop, commercial and industrial, and utility-scale ground-mount segments. Horay Solar focuses squarely on N-type TOPCon, with products including an all-black rectangular module rated at 455 W and 22.77% efficiency, as well as high-power modules reaching 700 W. The company also produces customizable color panels aimed at building-integrated photovoltaics (BIPV), an area where Hanersun's public positioning is less prominent. Horay Solar bundles its module offer with inverters and storage systems for a more complete energy solution.

For most international buyers evaluating these two brands, Hanersun represents the lower-risk default given its larger production scale, longer delivery history, and PVEL Top Performer recognition. Horay Solar is a credible alternative - particularly where European after-sales proximity matters or where BIPV aesthetics are a project requirement. For standard residential and commercial installations, both brands are broadly interchangeable, as both carry BNEF Tier 1 status and offer competitive N-type TOPCon efficiency.

Generated by Claude Sonnet · 2026-06-24

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.

Shop prices: See 15 Hanersun 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.