--- title: "Hanersun vs Waaree - Brand Comparison | ComparePV" description: "Compare Hanersun vs Waaree solar panels: full portfolio, efficiency, cell technology breakdown, warranty terms and company background." source: "https://comparepv.com/hanersun-vs-waaree" --- # Hanersun vs Waaree Hanersun has the broader catalog (254 vs 222 models). Hanersun leads on peak efficiency at 24.80%. Hanersun leans bifacial (54% of lineup). ## The two companies | Attribute | Hanersun | Waaree | | --- | --- | --- | | Country | China | India | | Headquarters | Nanjing | Mumbai | | Founded | | 1990 | | Employees | | 8500+ | | Annual capacity | | 13.3 GW/year | | Tier 1 | no | yes | | Listed | | NSE: WAAREEENER | | Website | [https://www.hanersun.com](https://www.hanersun.com) | [https://www.waaree.com/](https://www.waaree.com/) | Waaree Energies Ltd. is a leading global energy transition company committed to delivering innovative, high-quality solar and sustainable energy solutions. Established in 1990 and headquartered in Mumbai, India, the company operates across 20+ countries with an integrated portfolio that spans solar modules, EPC... ## Catalog & Power | Measure | Hanersun | Waaree | Margin | | --- | --- | --- | --- | | Panel Models | 254 | 222 | +32 | | Max Power | 750 W | 730 W | +20 W | | Avg Power | 540 W | 371 W | +169 W | ## Efficiency | Measure | Hanersun | Waaree | Margin | | --- | --- | --- | --- | | Max Efficiency | 24.80% | 23.51% | +1.29 pp | | Avg Efficiency | 22.19% | 18.39% | +3.80 pp | ## Reliability & Warranty | Measure | Hanersun | Waaree | Margin | | --- | --- | --- | --- | | Avg Temp Coefficient | -0.300%/°C | -0.362%/°C | +0.062 | | Bifacial Share | 136 (54%) | 85 (38%) | +15 pp | | Avg Warranty | 28.6 yrs | 21.7 yrs | +6.9 yr | ## Efficiency distribution Hanersun skews to higher efficiency: 22% of lineup is 23%+ | Efficiency band | Hanersun | Waaree | | --- | --- | --- | | \<20% | 2 (0.8%) | 139 (62.6%) | | 20-21% | 32 (12.6%) | 47 (21.2%) | | 21-22% | 70 (27.6%) | 14 (6.3%) | | 22-23% | 94 (37.0%) | 13 (5.9%) | | 23%+ | 56 (22.0%) | 9 (4.1%) | ## Power distribution Hanersun offers more 600W+ panels (35% of lineup) | Power band | Hanersun | Waaree | | --- | --- | --- | | \<400W | 8 (3.1%) | 124 (55.9%) | | 400-499W | 108 (42.5%) | 35 (15.8%) | | 500-599W | 48 (18.9%) | 36 (16.2%) | | 600-699W | 76 (29.9%) | 20 (9.0%) | | 700W+ | 14 (5.5%) | 7 (3.2%) | ## Cell technology Dominant cell tech: **TOPCon** (67%) Dominant cell tech: **PERC** (48%) | Technology | Hanersun | Waaree | | --- | --- | --- | | TOPCon | 170 (66.9%) | 12 (5.4%) | | PERC | 57 (22.4%) | 107 (48.2%) | | Back Contact | 18 (7.1%) | 0 | | N-type | 9 (3.5%) | 8 (3.6%) | | Unknown | 0 | 88 (39.6%) | | HJT | 0 | 7 (3.2%) | ## 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, Waaree | # | Model | Power | Efficiency | Temp. coefficient | Technology | | --- | --- | --- | --- | --- | --- | | 1 | [BiH-11-730](https://comparepv.com/panel/waaree-bih-11-730) | 730 | 23.5 | -0.240 | Monocrystalline | | 2 | [BiH-11-725](https://comparepv.com/panel/waaree-bih-11-725) | 725 | 23.3 | -0.240 | Monocrystalline | | 3 | [BiH-11-720](https://comparepv.com/panel/waaree-bih-11-720) | 720 | 23.2 | -0.240 | Monocrystalline | | 4 | [BiH-11-715](https://comparepv.com/panel/waaree-bih-11-715) | 715 | 23.0 | -0.240 | Monocrystalline | | 5 | [BiH-11-710](https://comparepv.com/panel/waaree-bih-11-710) | 710 | 22.9 | -0.240 | Monocrystalline | | 6 | [BiH-11-705](https://comparepv.com/panel/waaree-bih-11-705) | 705 | 22.7 | -0.240 | Monocrystalline | | 7 | [BiH-11-700](https://comparepv.com/panel/waaree-bih-11-700) | 700 | 22.5 | -0.240 | Monocrystalline | | 8 | [Bi-68-665](https://comparepv.com/panel/waaree-bi-68-665) | 665 | 21.3 | -0.340 | Monocrystalline | | 9 | [WSMD-665](https://comparepv.com/panel/waaree-wsmd-665) | 665 | 21.3 | -0.340 | Monocrystalline | | 10 | [WSMD-660](https://comparepv.com/panel/waaree-wsmd-660) | 660 | 21.1 | -0.340 | Monocrystalline | ## Summary Hanersun is a Chinese solar module manufacturer headquartered in Nanjing, operating under its current brand since May 2022 when it rebranded from CSUNPOWER. The company holds BNEF Tier 1 status and was named a Top Performer in Kiwa PVEL's 2025 PV Module Reliability Scorecard, with an annual production capacity of approximately 5 GW and cumulative module shipments exceeding 16 GW by end of 2025. Waaree Energies, headquartered in Mumbai, India, has manufactured solar modules since 2007 and has grown into India's largest panel maker, maintaining BNEF Tier 1 status for 39 consecutive quarters and becoming the first Indian manufacturer to earn PV Tech's A-grade bankability rating. With global manufacturing capacity reaching 22.3 GW - including 19.7 GW in India and 2.6 GW in the United States - and monthly output surpassing 1 GW as of late 2025, Waaree commands a considerably stronger institutional and financial footprint than Hanersun. Hanersun's product lineup spans residential, commercial, and utility-scale applications, with confirmed series based on both TOPCon and HJT cell technology - including the HITouch 5N TOPCon series at up to 580 W on 182 mm wafers and the HITouch 6H HJT module on 210 mm wafers. Waaree focuses primarily on N-type TOPCon modules in the 415-445 W range, with efficiencies up to 22.79%, and targets utility-scale ground-mount deployments in particular, though its portfolio extends to commercial rooftop and residential applications as well. Both manufacturers have committed to N-type silicon as the dominant technology path, though Hanersun's parallel HJT offering provides a marginally broader cell-technology spread. For international buyers - including European project developers and C&I procurement teams - Waaree's production scale, sustained Tier 1 history, US manufacturing presence, and strong financial standing make it the lower-risk default, particularly for projects where lender bankability requirements are strict. Hanersun is a credible alternative for buyers who prefer Chinese-origin modules with a verified N-type and HJT portfolio backed by a positive PVEL scorecard; its pricing is typically competitive. The two brands are not fully interchangeable given Waaree's size advantage, but both are legitimate, bankable choices and neither should be disqualified on quality grounds alone. Written by claude-sonnet from the figures above. ## Other comparisons - [Hanersun vs A.B. Energy](https://comparepv.com/hanersun-vs-a-b-energy) - [AE Solar vs Waaree](https://comparepv.com/ae-solar-vs-waaree) - [Hanersun vs AEET](https://comparepv.com/hanersun-vs-aeet) - [AIKO vs Waaree](https://comparepv.com/aiko-vs-waaree) - [Hanersun vs AKCOME](https://comparepv.com/hanersun-vs-akcome) - [ARTsolar vs Waaree](https://comparepv.com/artsolar-vs-waaree) --- Source: https://comparepv.com/hanersun-vs-waaree Not in this file, on the page: the distributions above drawn as charts.