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Horay Solar vs Solar N Plus - solar panel manufacturer comparison

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

Horay Solar has the broader catalog (182 vs 149 models).

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
182 149
Highest power
720 Wp 720 Wp
Best efficiency
23.3% 23.3%
Average efficiency
22.5% 22.0%
Bifacial share
67% 74%
Average warranty
30 yrs 30 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 Solar N Plus
Catalog & Power
Panel Models 182+33 149
Max Power 720 W 720 W
Avg Power 536 W+30 W 506 W
Efficiency
Max Efficiency 23.30% 23.30%
Avg Efficiency 22.46%+0.50 pp 21.96%
Reliability & Warranty
Avg Temp Coefficient -0.280%/°C+0.036 -0.316%/°C
Bifacial Share 122 (67%) 111 (74%)+7 pp
Avg Warranty 30.0 yrs+0.3 yr 29.7 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%)

Solar N Plus cell technology
Share of their models by cell architecture

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

04

The flagships

Highest-power models from each brand
05

Written summary

Checking cache...

Horay Solar is a Chinese manufacturer headquartered in Wuxi, Jiangsu Province, founded in 2010 and active in the photovoltaic sector for roughly fifteen years. The company holds confirmed BloombergNEF Tier 1 status as of Q1 2026, signalling recognised bankability for project-finance purposes, and operates an annual module production capacity of approximately 2.5 GW. Solar N Plus New Energy Technology Co., Ltd is also a Chinese manufacturer, vertically integrated across cells and modules, with production bases spread across Jiangsu, Anhui, and Yunnan provinces. The company claims an available manufacturing capacity of around 20 GW, with a further 10 GW reportedly under construction - figures that would place it among the larger emerging Chinese producers. No BNEF Tier 1 listing has been confirmed for Solar N Plus in publicly available 2025-2026 data, which gives Horay Solar the meaningfully stronger institutional footprint on that benchmark.

Horay Solar's product range covers residential rooftop, commercial and industrial, and utility-scale ground-mount applications. The portfolio includes bifacial modules across multiple cell formats, and the company has confirmed TOPCon, HJT, and back-contact technologies within its lineup. Its larger utility-side products, including the Galaxy-series high-wattage modules, have been noted for competitive wind-load ratings alongside strong output figures. Solar N Plus positions itself primarily as a TOPCon specialist: the company focuses on N-type TOPCon cells and modules and cites mass-production cell efficiencies of around 26%, which, if independently verified, would represent a leading industry figure. Its scale and vertical integration suggest a primary orientation toward large commercial and utility-scale buyers rather than the residential segment.

For a typical buyer who prioritises bankability and long-term warranty assurance backed by a documented track record, Horay Solar's confirmed BNEF Tier 1 status makes it the lower-risk default in 2026. Solar N Plus may appeal to project developers seeking competitive TOPCon pricing at high volumes, but the absence of confirmed Tier 1 recognition means additional due diligence on project-financing terms is advisable. The two brands are not straightforwardly interchangeable: Horay Solar offers a broader multi-technology portfolio and clearer bankability credentials, while Solar N Plus is a more narrowly specialised, higher-scale TOPCon-focused producer whose institutional standing remains harder to verify independently.

Generated by Claude Sonnet · 2026-06-09

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.