Hyundai vs LG - solar panel manufacturer comparison
Hyundai has the broader catalog (65 vs 24 models). Hyundai leads on peak efficiency at 23.40%. Hyundai leans bifacial (66% 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
LG Electronics is a South Korean multinational electronics company. Founded in 1958, LG is a global leader and technology innovator in consumer electronics, mobile communications, and home appliances. Although LG officially closed its solar panel business in 2022, the company continues to offer support for existing...
- Founded
- 1958
- Headquarters
- Seoul, South Korea
- Employees
- 74,000+
- Listed
- KRX: 066570
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
Hyundai skews to higher efficiency: 6% of lineup is 23%+
Hyundai offers more 600W+ panels (5% of lineup)
Dominant cell tech: <strong>HJT</strong> (38%)
Dominant cell tech: <strong>N-type</strong> (100%)
The flagships
Written summary
Hyundai Energy Solutions, a division of South Korea's HD Hyundai conglomerate, has been producing solar modules since 1988 and remains an active manufacturer in 2025. The company holds BloombergNEF Tier 1 status, confirming bankability with commercial lenders, and is ranked among the top ten solar panel manufacturers globally by SolarReviews. LG Electronics, also headquartered in South Korea and long considered a premium-tier supplier, formally exited solar panel manufacturing in June 2022, citing supply chain constraints and rising logistics costs. LG's panels are no longer in production, though the company continues to honor its 25-year product and performance warranties for existing installations - often settling claims through pro-rated cash refunds rather than direct panel replacements. For institutional investors and installers evaluating active vendor relationships, Hyundai holds the stronger ongoing footprint.
Hyundai's current catalog covers multiple residential and light commercial series. Its entry-level XG line uses PERC-based cells, the mid-range YH series targets standard rooftop installations, and the flagship NF(BK) series deploys N-type TOPCon technology with efficiency reaching up to 22.53%, putting it in the same tier as many premium competitors. LG's discontinued NeON 2 and NeON R lines were built around N-type IBC cell architecture and reached up to 22.3% efficiency, earning a strong reputation among high-end residential installers. Those legacy panels, where still available as new-old-stock, perform well - but sourcing, warranty logistics, and long-term support risk are real concerns.
For any buyer making a fresh purchase decision in 2025, the choice is straightforward: Hyundai is the only live option of the two. LG panels may occasionally surface through distributors clearing inventory, but without active manufacturing or a reliable replacement supply chain, buying LG new today carries meaningful counterparty risk. Hyundai's TOPCon-equipped NF series competes respectably with other premium N-type options on efficiency and pricing, and its active warranty and certification infrastructure make it a sound default for residential and small commercial projects.
Generated by Claude Sonnet · 2026-06-10
Other brand comparisons
Shop prices: See 42 Hyundai offers · See 3 LG 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.