Hyundai vs Jolywood - solar panel manufacturer comparison
Jolywood has the broader catalog (128 vs 65 models). Jolywood leads on peak efficiency at 23.60%. Jolywood leans bifacial (86% 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
HD Hyundai Energy Solutions is a global provider of solar cells and modules, offering solutions for residential, commercial, and utility-scale projects. They provide monofacial, bifacial, and shingled PV modules, along with inverters and various PV solutions. The company is committed to developing next-generation...
- Founded
- 2004
- Headquarters
- Seongnam-si, South Korea
- Annual capacity
- 1.35 GW/year
- Employees
- 206
- Tier 1 bankable
- Yes
- Founded
- 2008
- Headquarters
- Taizhou, China
- Listed
- SZSE: 300393
- 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
Jolywood skews to higher efficiency: 22% of lineup is 23%+
Jolywood offers more 600W+ panels (38% of lineup)
Dominant cell tech: <strong>HJT</strong> (38%)
Dominant cell tech: <strong>TOPCon</strong> (95%)
The flagships
Written summary
Hyundai Energy Solutions - operating today as HD Hyundai Energy Solutions - is a South Korean manufacturer with roots in the broader Hyundai industrial group and decades of experience in advanced components manufacturing. The company holds Bloomberg NEF Tier 1 bankability status and runs over 1.4 GW of annual production capacity across three dedicated cell and module factories in South Korea. Jolywood, headquartered in Taizhou, China, consistently appears on Bloomberg NEF Tier 1 lists, including the Q1 2025 edition, and carries a reported annual production capacity of approximately 10 GW - a scale considerably larger than Hyundai's. In terms of institutional footprint, Jolywood's production scale and financing track record give it broader global reach, while Hyundai carries the advantage of Korean-origin manufacturing, which appeals to markets sensitive to supply chain geography.
On product families, Hyundai Energy Solutions targets primarily the residential and small commercial rooftop segment. The company announced mass production of N-type TOPCon cells in April 2025, and prior product lines included bifacial panels suited to residential ground-mount systems. Jolywood has been one of the earliest pioneers of N-type technology globally and is notably one of the only major manufacturers that produces exclusively N-type panels - both TOPCon and HJT variants. Its NIWA residential series reaches confirmed module efficiency of up to 22.27%, and the company has announced panels exceeding 700 W for utility-scale applications, positioning it across both residential and large commercial or utility segments.
For a typical buyer in 2025, Jolywood represents a more technologically mature N-type choice with higher confirmed efficiencies and a substantially larger production base, while Hyundai Energy Solutions is a credible alternative for buyers in markets - particularly the United States - where Korean-origin supply chains carry procurement or financing advantages. Neither brand is clearly dominant for every use case; the better fit depends heavily on geography, project scale, and installer availability in the local market.
- HD Hyundai Energy Solutions begins mass production of N-Type TOPCon cells
- Complete Review Of Hyundai Solar Panels In 2025
- Jolywood claims 26.7% efficiency for n-type TOPCon solar cell
- Jolywood Solar Panels - An Independent Review by Solar Choice
- Jolywood - 2025 Kiwa PVEL PV Module Reliability Scorecard Top Performers
Generated by Claude Sonnet · 2026-05-25
Other brand comparisons
Shop prices: See 42 Hyundai offers · See 42 Jolywood 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.