---
title: "Hanersun vs Horay Solar - Brand Comparison | ComparePV"
description: "Compare Hanersun vs Horay Solar solar panels: full portfolio, efficiency, cell technology breakdown, warranty terms and company background."
source: "https://comparepv.com/hanersun-vs-horay-solar"
---

# Hanersun vs Horay Solar

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


## The two companies


| Attribute | Hanersun | Horay Solar |
| --- | --- | --- |
| Country | China | China |
| Headquarters | Nanjing | Wuxi, Jiangsu Province |
| Founded |  | 2010 |
| Employees |  | 400 |
| Annual capacity |  | 2.5 GW/year |
| Tier 1 | no | yes |
| Listed |  |  |
| Website | [https://www.hanersun.com](https://www.hanersun.com) | [http://www.horaysolar.com](http://www.horaysolar.com) |

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...


## Catalog & Power


| Measure | Hanersun | Horay Solar | Margin |
| --- | --- | --- | --- |
| Panel Models | 254 | 182 | +72 |
| Max Power | 750 W | 720 W | +30 W |
| Avg Power | 540 W | 536 W | +4 W |


## Efficiency


| Measure | Hanersun | Horay Solar | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 24.80% | 23.30% | +1.50 pp |
| Avg Efficiency | 22.19% | 22.46% | +0.27 pp |


## Reliability & Warranty


| Measure | Hanersun | Horay Solar | Margin |
| --- | --- | --- | --- |
| 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 |


## Efficiency distribution

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


| Efficiency band | Hanersun | Horay Solar |
| --- | --- | --- |
| \<20% | 2 (0.8%) | 0 |
| 20-21% | 32 (12.6%) | 0 |
| 21-22% | 70 (27.6%) | 24 (13.2%) |
| 22-23% | 94 (37.0%) | 133 (73.1%) |
| 23%+ | 56 (22.0%) | 25 (13.7%) |


## Power distribution

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


| Power band | Hanersun | Horay Solar |
| --- | --- | --- |
| \<400W | 8 (3.1%) | 0 |
| 400-499W | 108 (42.5%) | 55 (30.2%) |
| 500-599W | 48 (18.9%) | 91 (50.0%) |
| 600-699W | 76 (29.9%) | 33 (18.1%) |
| 700W+ | 14 (5.5%) | 3 (1.6%) |


## Cell technology

Dominant cell tech: **TOPCon** (67%)

Dominant cell tech: **TOPCon** (56%)


| Technology | Hanersun | Horay Solar |
| --- | --- | --- |
| TOPCon | 170 (66.9%) | 102 (56.0%) |
| PERC | 57 (22.4%) | 0 |
| Back Contact | 18 (7.1%) | 0 |
| N-type | 9 (3.5%) | 80 (44.0%) |


## Top panels, Hanersun


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [HN21N-66HT750W](https://comparepv.com/panel/hanersun-hn21n-66ht750w) | 750 | 24.1 | -0.280 | Monocrystalline |
| 2 | [HN21N-66HT745W](https://comparepv.com/panel/hanersun-hn21n-66ht745w) | 745 | 24.0 | -0.280 | Monocrystalline |
| 3 | [HN21N-66HT740W](https://comparepv.com/panel/hanersun-hn21n-66ht740w) | 740 | 23.8 | -0.280 | Monocrystalline |
| 4 | [HN21N-66HT735W](https://comparepv.com/panel/hanersun-hn21n-66ht735w) | 735 | 23.7 | -0.280 | Monocrystalline |
| 5 | [HN21N-66HT730W](https://comparepv.com/panel/hanersun-hn21n-66ht730w) | 730 | 23.5 | -0.280 | Monocrystalline |
| 6 | [HN21N-66HT725W](https://comparepv.com/panel/hanersun-hn21n-66ht725w) | 725 | 23.3 | -0.280 | Monocrystalline |
| 7 | [HN21N-66HT720W](https://comparepv.com/panel/hanersun-hn21n-66ht720w) | 720 | 23.2 | -0.280 | Monocrystalline |
| 8 | [HN21N-66HT715W](https://comparepv.com/panel/hanersun-hn21n-66ht715w) | 715 | 23.0 | -0.280 | Monocrystalline |
| 9 | [HN21N-66HT710W](https://comparepv.com/panel/hanersun-hn21n-66ht710w) | 710 | 22.9 | -0.280 | Monocrystalline |
| 10 | [HN21N-66H705W](https://comparepv.com/panel/hanersun-hn21n-66h705w) | 705 | 22.7 | -0.280 | Monocrystalline |


## Top panels, Horay Solar


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [HS720TC-MHG-D](https://comparepv.com/panel/horay-solar-hs720tc-mhg-d) | 720 | 23.2 | -0.280 | Monocrystalline |
| 2 | [HS710TC-MHG-D](https://comparepv.com/panel/horay-solar-hs710tc-mhg-d) | 710 | 22.9 | -0.280 | Monocrystalline |
| 3 | [HS700TC-MHG-D](https://comparepv.com/panel/horay-solar-hs700tc-mhg-d) | 700 | 22.5 | -0.280 | Monocrystalline |
| 4 | [HS690TC-MHG-D](https://comparepv.com/panel/horay-solar-hs690tc-mhg-d) | 690 | 22.2 | -0.280 | Monocrystalline |
| 5 | [HS680TC-MHG-D](https://comparepv.com/panel/horay-solar-hs680tc-mhg-d) | 680 | 21.9 | -0.280 | Monocrystalline |
| 6 | [HS650TC-MHD-D](https://comparepv.com/panel/horay-solar-hs650tc-mhd-d) | 650 | 23.3 | -0.280 | Monocrystalline |
| 7 | [HS645TC-MHD-D](https://comparepv.com/panel/horay-solar-hs645tc-mhd-d) | 645 | 23.1 | -0.280 | Monocrystalline |
| 8 | [HS640TC-MHD-D](https://comparepv.com/panel/horay-solar-hs640tc-mhd-d) | 640 | 22.9 | -0.280 | Monocrystalline |
| 9 | [HS635TC-MHD-D](https://comparepv.com/panel/horay-solar-hs635tc-mhd-d) | 635 | 22.7 | -0.280 | Monocrystalline |
| 10 | [HS635TC-MHG-D](https://comparepv.com/panel/horay-solar-hs635tc-mhg-d) | 635 | 22.4 | -0.280 | Monocrystalline |


## Summary

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.

Written by claude-sonnet from the figures above.


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Source: https://comparepv.com/hanersun-vs-horay-solar

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