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

# Horay Solar vs A.B. Energy

Horay Solar has the broader catalog (182 vs 0 models). Horay Solar leans bifacial (67% of lineup).


## The two companies


| Attribute | Horay Solar | A.B. Energy |
| --- | --- | --- |
| Country | China | Germany |
| Headquarters | Wuxi, Jiangsu Province | Wiesbaden |
| Founded | 2010 | 1996 |
| Employees | 400 | 1,400 |
| Annual capacity | 2.5 GW/year |  |
| Tier 1 | yes |  |
| Listed |  | Xetra, Frankfurt Stock Exchange: AB9 |
| Website | [http://www.horaysolar.com](http://www.horaysolar.com) | [https://abo-energy.com](https://abo-energy.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...

ABO Energy is a renewable energy company that develops and constructs renewable energy projects, focusing on wind, solar, and storage facilities. They offer turnkey solutions and have connected several gigawatts of nominal output to the grid. The company is active internationally and is committed to driving the energy...


## Catalog & Power


| Measure | Horay Solar | A.B. Energy | Margin |
| --- | --- | --- | --- |
| Panel Models | 182 | 0 | +182 |
| Max Power | 720 W | 0 W | +720 W |
| Avg Power | 536 W | 0 W | +536 W |


## Efficiency


| Measure | Horay Solar | A.B. Energy | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 23.30% | - |  |
| Avg Efficiency | 22.46% | - |  |


## Reliability & Warranty


| Measure | Horay Solar | A.B. Energy | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.280%/°C | - |  |
| Bifacial Share | 122 (67%) | 0 (0%) | +67 pp |
| Avg Warranty | 30.0 yrs | - |  |


## Efficiency distribution

Horay Solar skews to higher efficiency: 14% of lineup is 23%+


| Efficiency band | Horay Solar | A.B. Energy |
| --- | --- | --- |
| 21-22% | 24 (13.2%) | 0 |
| 22-23% | 133 (73.1%) | 0 |
| 23%+ | 25 (13.7%) | 0 |


## Power distribution

Horay Solar offers more 600W+ panels (20% of lineup)


| Power band | Horay Solar | A.B. Energy |
| --- | --- | --- |
| 400-499W | 55 (30.2%) | 0 |
| 500-599W | 91 (50.0%) | 0 |
| 600-699W | 33 (18.1%) | 0 |
| 700W+ | 3 (1.6%) | 0 |


## Cell technology

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


| Technology | Horay Solar | A.B. Energy |
| --- | --- | --- |
| TOPCon | 102 (56.0%) | 0 |
| N-type | 80 (44.0%) | 0 |


## 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

Horay Solar is a Chinese photovoltaic manufacturer founded in 2010 and headquartered in Wuxi, Jiangsu Province. It entered the Bloomberg New Energy Finance Tier 1 module list in Q1 2025, confirming bankability with major project lenders, and operates at an annual production capacity of around 2.5 GW. Its products are distributed across Europe, North America, Southeast Asia, and Latin America. A.B. Energy, by contrast, did not surface in any credible industry databases, trade press, or independent review platforms in this research cycle. The company may be a regional or emerging player with limited public documentation, which makes direct comparison difficult. On institutional footprint alone, Horay Solar holds a clear, verifiable advantage.

Horay Solar's confirmed product line centers on N-Type TOPCon modules, a cell architecture now favored for its lower temperature coefficients and higher bifacial gain relative to older PERC technology. The company markets bifacial panels in the 410W to 665W range, covering commercial rooftop and utility-scale ground-mount applications. Its publicly documented warranty terms include a maximum 2% first-year degradation and 0.55% annual degradation thereafter, yielding at least 84.8% retained output at 25 years - terms broadly in line with mid-to-upper-tier Chinese manufacturers. For A.B. Energy, no product family details, cell technology, or warranty terms could be located through independent sources, so any characterization of its offering would be speculative.

For a buyer operating in 2025 - whether sourcing for a commercial rooftop or a small utility project - Horay Solar is the more documentable choice: it carries confirmed BNEF bankability, a disclosed manufacturing scale, and independently listed product specifications. A.B. Energy cannot be assessed on equivalent terms without additional primary documentation from the buyer. If A.B. Energy is under consideration, verifying its bankability status and obtaining a third-party test report before committing to a sizable procurement is strongly advisable.

\---LINKS---

\- https://www.horaysolar.com/News/207.html \| Horay Solar achieves BNEF Tier 1 list - official announcement \| article

\- https://www.vicoexport.com/en/64212/tier-1-solar-panel-manufacturers-list-q4-2025/ \| Tier 1 solar panel manufacturers list Q4 2025 - Vicoexport \| article

\- https://www.vicoexport.com/en/65510/tier-1-list-of-solar-panel-manufacturers-q1-2026/ \| Tier 1 solar panel manufacturers list Q1 2026 - Vicoexport \| article

\- https://www.solarfeeds.com/biz/horay-solar/reviews/ \| HoRay Solar reviews - SolarFeeds \| review

\- https://comparepv.com/panel/horay-solar-hs630tc-mhc-d \| Horay Solar HS630TC 630W panel specs and review - ComparePV \| review

Sources:

\- \[HORAY SOLAR Achieves BNEF Tier 1 List\](https://www.horaysolar.com/News/207.html)

\- \[Tier 1 Solar Panel Manufacturers List Q4 2025\](https://www.vicoexport.com/en/64212/tier-1-solar-panel-manufacturers-list-q4-2025/)

\- \[Tier 1 List of Solar Panel Manufacturers Q1 2026\](https://www.vicoexport.com/en/65510/tier-1-list-of-solar-panel-manufacturers-q1-2026/)

\- \[HoRay Solar Reviews - SolarFeeds\](https://www.solarfeeds.com/biz/horay-solar/reviews/)

\- \[Horay Solar HS630TC 630W Panel - ComparePV\](https://comparepv.com/panel/horay-solar-hs630tc-mhc-d)

Written by claude-sonnet from the figures above.


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- [Horay Solar vs AE Solar](https://comparepv.com/horay-solar-vs-ae-solar)
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- [AKCOME vs A.B. Energy](https://comparepv.com/akcome-vs-a-b-energy)
- [Horay Solar vs ARTsolar](https://comparepv.com/horay-solar-vs-artsolar)
- [ASM vs A.B. Energy](https://comparepv.com/asm-vs-a-b-energy)


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Source: https://comparepv.com/horay-solar-vs-a-b-energy

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

