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

# Hanersun vs ZNShine

Hanersun has the broader catalog (254 vs 212 models). Hanersun leads on peak efficiency at 24.80%. Hanersun leans bifacial (54% of lineup).


## The two companies


| Attribute | Hanersun | ZNShine |
| --- | --- | --- |
| Country | China | China |
| Headquarters | Nanjing | Suqian |
| Founded |  | 1988 |
| Employees |  | 1,200 |
| Annual capacity |  | 10 GW/year |
| Tier 1 | no | yes |
| Listed |  | NEEQ: 838463 |
| Website | [https://www.hanersun.com](https://www.hanersun.com) | [http://www.znshinesolar.com](http://www.znshinesolar.com) |

ZNShine Solar is a high-tech PV enterprise specializing in R&D, manufacturing, and sales of solar modules. They also provide integrated photovoltaic, battery storage, and green hydrogen solutions, as well as BIPV, rooftop solar, and utility-scale solar solutions with a commitment to boosting green electricity...


## Catalog & Power


| Measure | Hanersun | ZNShine | Margin |
| --- | --- | --- | --- |
| Panel Models | 254 | 212 | +42 |
| Max Power | 750 W | 670 W | +80 W |
| Avg Power | 540 W | 535 W | +6 W |


## Efficiency


| Measure | Hanersun | ZNShine | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 24.80% | 22.83% | +1.97 pp |
| Avg Efficiency | 22.19% | 21.35% | +0.85 pp |


## Reliability & Warranty


| Measure | Hanersun | ZNShine | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.300%/°C | -0.329%/°C | +0.029 |
| Bifacial Share | 136 (54%) | 89 (42%) | +12 pp |
| Avg Warranty | 28.6 yrs | 28.3 yrs | +0.3 yr |


## Efficiency distribution

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


| Efficiency band | Hanersun | ZNShine |
| --- | --- | --- |
| \<20% | 2 (0.8%) | 5 (2.4%) |
| 20-21% | 32 (12.6%) | 59 (27.8%) |
| 21-22% | 70 (27.6%) | 101 (47.6%) |
| 22-23% | 94 (37.0%) | 47 (22.2%) |
| 23%+ | 56 (22.0%) | 0 |


## Power distribution

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


| Power band | Hanersun | ZNShine |
| --- | --- | --- |
| \<400W | 8 (3.1%) | 6 (2.8%) |
| 400-499W | 108 (42.5%) | 64 (30.2%) |
| 500-599W | 48 (18.9%) | 99 (46.7%) |
| 600-699W | 76 (29.9%) | 43 (20.3%) |
| 700W+ | 14 (5.5%) | 0 |


## Cell technology

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

Dominant cell tech: **PERC** (63%)


| Technology | Hanersun | ZNShine |
| --- | --- | --- |
| TOPCon | 170 (66.9%) | 78 (36.8%) |
| PERC | 57 (22.4%) | 134 (63.2%) |
| Back Contact | 18 (7.1%) | 0 |
| N-type | 9 (3.5%) | 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, ZNShine


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [ZXM8-TP132-670W](https://comparepv.com/panel/znshine-zxm8-tp132-670w) | 670 | 21.6 | -0.340 | Monocrystalline |
| 2 | [ZXM8-TPLD132-670](https://comparepv.com/panel/znshine-zxm8-tpld132-670) | 670 | 21.6 | -0.340 | Monocrystalline |
| 3 | [ZXM8-TPLDD132-670](https://comparepv.com/panel/znshine-zxm8-tpldd132-670) | 670 | 21.6 | -0.340 | Monocrystalline |
| 4 | [ZXM8-TP132-670](https://comparepv.com/panel/znshine-zxm8-tp132-670) | 670 | 21.6 | -0.340 | Monocrystalline |
| 5 | [ZXM8-TPLD132-670W](https://comparepv.com/panel/znshine-zxm8-tpld132-670w) | 670 | 21.6 | -0.340 | Monocrystalline |
| 6 | [ZXM8-TP132-665W](https://comparepv.com/panel/znshine-zxm8-tp132-665w) | 665 | 21.4 | -0.340 | Monocrystalline |
| 7 | [ZXM8-TPLD132-665](https://comparepv.com/panel/znshine-zxm8-tpld132-665) | 665 | 21.4 | -0.340 | Monocrystalline |
| 8 | [ZXM8-TPLDD132-665](https://comparepv.com/panel/znshine-zxm8-tpldd132-665) | 665 | 21.4 | -0.340 | Monocrystalline |
| 9 | [ZXM8-TPLD132-665W](https://comparepv.com/panel/znshine-zxm8-tpld132-665w) | 665 | 21.4 | -0.340 | Monocrystalline |
| 10 | [ZXM8-TP132-665](https://comparepv.com/panel/znshine-zxm8-tp132-665) | 665 | 21.4 | -0.340 | Monocrystalline |


## Summary

Hanersun is a Chinese solar module manufacturer headquartered in Nanjing, founded in 2015, that has achieved BloombergNEF Tier 1 status and a CCC+ bankability rating in PV Tech's ModuleTech report. By the end of 2025 the company had cumulatively shipped over 16 GW of modules and holds an annual manufacturing capacity of approximately 5 GW. It operates regional branches in the Netherlands, the United States, Japan, and Australia, giving it meaningful international distribution reach. ZNShine (ZNSHINE PV-Tech Co., Ltd.) traces its corporate origins to 1988 and entered the photovoltaic market in 2006, manufacturing from its base in Suqian with additional plants in Changzhou and Dali in China, and with capacity expansion planned in Indonesia. ZNShine has maintained BloombergNEF Tier 1 status for 13 consecutive years since 2013 and holds a B bankability rating from PV Tech, with an annual production capacity of around 10 GW. On institutional track record and manufacturing scale, ZNShine holds a clear advantage over Hanersun.

Hanersun has concentrated its recent product development on N-type TOPCon bifacial modules, with formats in the 585 W to 600 W range and a push into the 700 W+ high-power segment, making it a competitive option for commercial and industrial rooftop projects and utility-scale ground-mount plants. ZNShine offers a broader confirmed technology stack - N-type TOPCon as well as HJT heterojunction modules alongside bifacial double-glass designs - and covers residential rooftop, C&I, and large utility-scale applications. A distinctive feature of ZNShine's glass modules is a graphene coating the company claims reduces soiling losses. ZNShine has also been named a PVEL Top Performer for seven consecutive years through 2025, which provides financiers and independent engineers with verified third-party reliability data that goes beyond manufacturer self-reporting.

For a buyer prioritizing institutional confidence - project finance, long-term power purchase agreements, or procurement at scale - ZNShine is the safer default: its 13-year Tier 1 tenure, B-rated bankability, and sustained PVEL recognition give lenders and technical advisors more to work with. Hanersun is a credible challenger suited to buyers who have completed their own due diligence and want a competitive price point on proven N-type TOPCon technology. The two brands are not fully interchangeable at the institutional level, but for a well-informed commercial buyer either can deliver solid results.

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 ZNShine](https://comparepv.com/ae-solar-vs-znshine)
- [Hanersun vs AEET](https://comparepv.com/hanersun-vs-aeet)
- [AIKO vs ZNShine](https://comparepv.com/aiko-vs-znshine)
- [Hanersun vs AKCOME](https://comparepv.com/hanersun-vs-akcome)
- [ARTsolar vs ZNShine](https://comparepv.com/artsolar-vs-znshine)


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Source: https://comparepv.com/hanersun-vs-znshine

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