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Horay Solar vs AEET - solar panel manufacturer comparison

Horay Solar
China Founded 2010 Tier 1
Read the Horay Solar review
VS
AEET
Headquarters not published
Read the AEET review
At a glance

Horay Solar has the broader catalog (182 vs 5 models). Horay Solar leads on peak efficiency at 23.30%. 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
182 5
Highest power
720 Wp 200 Wp
Best efficiency
23.3% 15.7%
Average efficiency
22.5% 14.9%
Bifacial share
67% 0%
Average warranty
30 yrs 25 yrs
01

The two companies

Company facts, not datasheet figures
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 Horay Solar AEET
Catalog & Power
Panel Models 182+177 5
Max Power 720 W+520 W 200 W
Avg Power 536 W+346 W 190 W
Efficiency
Max Efficiency 23.30%+7.60 pp 15.70%
Avg Efficiency 22.46%+7.56 pp 14.90%
Reliability & Warranty
Avg Temp Coefficient -0.280%/°C -
Bifacial Share 122 (67%)+67 pp 0 (0%)
Avg Warranty 30.0 yrs+5.0 yr 25.0 yrs

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

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

Power spread
Share of each catalogue in every power band

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

Horay Solar cell technology
Share of their models by cell architecture

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

AEET cell technology
Share of their models by cell architecture

Dominant cell tech: <strong>PERC</strong> (100%)

04

The flagships

Highest-power models from each brand
05

Written summary

Checking cache...

I now have enough information to write the comparison. Here it is:

Horay Solar, founded in 2010 and headquartered in China, operates a module manufacturing capacity of 2.5 GW and carries Bloomberg New Energy Finance (BNEF) Tier 1 status as confirmed on both the Q1 2025 and Q1 2026 lists. AEET Energy Group GmbH, by contrast, is a small-scale manufacturer based in Germany offering just five panel models, with no disclosed production volume and no Tier 1 or equivalent bankability recognition. The institutional gap between the two is substantial: Horay's roughly 400-person workforce, export reach across Europe and the United States, and lender-accepted bankability rating stand in sharp contrast to AEET's niche, locally oriented profile.

Horay's 182-panel portfolio reflects a modern, high-performance strategy. Average module power sits at 536 Wp and peaks at 720 Wp, with average cell efficiency of 22.46% reaching a maximum of 23.3%. TOPCon n-type cells account for about 56% of models, and 67% of panels are bifacial, positioning the lineup firmly at utility-scale ground-mount and large commercial rooftop buyers who prioritize energy yield and project finance compatibility. The 30-year product warranty reinforces that durability-focused stance. AEET's offering is far narrower: five models averaging 190 Wp with a ceiling of 200 Wp, average efficiency of 14.9%, no bifacial variants, and cell technology listed as unknown. A 25-year warranty is adequate, but the low wattage and modest efficiency figures are characteristic of panels suited to small off-grid or legacy residential retrofits rather than competitive commercial or utility procurement.

For any mainstream residential, commercial, or utility project in 2025, Horay Solar is the clear default. Its BNEF Tier 1 bankability, broad TOPCon portfolio, strong average efficiency, and 30-year warranty cover virtually the entire procurement landscape where lender due diligence or competitive yield targets apply. AEET may retain a role in very small or constrained off-grid installations where a compact, low-wattage format is genuinely necessary, but even in that niche it competes against better-documented alternatives with clearer technology disclosures.

Generated by Claude Sonnet · 2026-05-12

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.

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.