Horay Solar vs Luxen Solar Energy - solar panel manufacturer comparison
Horay Solar has the broader catalog (182 vs 151 models). Luxen Solar Energy leads on peak efficiency at 24.80%. 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.
The two companies
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
Luxen Solar is a global company dedicated to the production and sales of high-power, low-attenuation solar photovoltaic modules. The company was founded in Spain and has since established manufacturing facilities and branches in various countries. Luxen is recognized as a Tier 1 manufacturer by BloombergNEF and is...
- Founded
- 2005
- Headquarters
- Suzhou, China
- Annual capacity
- 3 GW/year
- Employees
- 500+
- Tier 1 bankable
- Yes
Catalogue against catalogue
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.
What each of them builds
Horay Solar skews to higher efficiency: 14% of lineup is 23%+
Luxen Solar Energy offers more 600W+ panels (43% of lineup)
Dominant cell tech: <strong>TOPCon</strong> (56%)
Dominant cell tech: <strong>N-type</strong> (81%)
The flagships
Written summary
Horay Solar is a Chinese photovoltaic module manufacturer founded in 2010, headquartered and manufacturing in Wuxi, Jiangsu Province, operating as the successor to the My Solar brand. It has been confirmed on BloombergNEF's Tier 1 bankability list for both Q1 2025 and Q1 2026, and runs fully automated production lines with an annual capacity of roughly 2.5 GW. Luxen Solar Energy has a longer track record, founded in 2005 in Spain, with operational headquarters relocated to Vienna, Austria in 2023; it opened its first production plant in 2011 and earned BloombergNEF Tier 1 status in 2022, with capacity estimated around 3 GW and stated expansion plans toward roughly 10 GW by 2026, giving it a somewhat broader institutional footprint with a presence spanning over 90 regions worldwide.
Both brands cover a wide power range - Horay Solar from 420 W to 720 W and Luxen from 415 W to 675 W - serving residential rooftop, commercial and industrial (C&I), and utility-scale ground-mount projects, making either suitable for international buyers sourcing for distributed generation or larger solar farms. Horay Solar's portfolio includes both TOPCon and N-type/PERC cells, with a notable share of bifacial modules well suited to ground-mount installations. Luxen has likewise adopted TOPCon technology alongside older PERC lines, and backs its panels with warranties in the 15 to 20 year product range and performance warranties extending to 30 years.
For a typical international buyer, the two brands are largely comparable in bankability and application scope, both holding Tier 1 status and recognized quality certifications. Luxen may appeal more to buyers who value a longer operating history and wider global distribution network, while Horay Solar's stronger bifacial share can be an advantage for ground-mount utility projects. In practice, the deciding factor should be local distributor support, current pricing, and the specific warranty terms on offer rather than a fundamental gap between the two manufacturers.
Generated by Claude Sonnet 5 · 2026-09-14
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Shop prices: See 3 Luxen Solar Energy offers
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.