Hyundai vs Meyer Burger - solar panel manufacturer comparison

Hyundai

South Korea Founded 2004 Tier 1

Read the Hyundai review

Meyer Burger

Switzerland Founded 1953 Tier 1

Read the Meyer Burger review

At a glance

Hyundai has the broader catalog (65 vs 24 models). Hyundai leads on peak efficiency at 23.40%.

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

65 24

Highest power

640 Wp 560 Wp

Best efficiency

23.4% 21.8%

Average efficiency

21.5% 20.9%

Bifacial share

66% 58%

Average warranty

27 yrs 28 yrs

The two companies

Company facts, not datasheet figures

Hyundai

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
Listed: Korea Stock Exchange: 322000
Tier 1 bankable: Yes

All Hyundai panels Manufacturer site

Meyer Burger

Founded: 1953
Headquarters: Thun, Switzerland
Listed: SIX: MBTN
Tier 1 bankable: Yes

All Meyer Burger panels Manufacturer site

Catalogue against catalogue

Averages over every model in the database

Metric Hyundai Meyer Burger

Catalog & Power

Panel Models 65+41 24

Max Power 640 W+80 W 560 W

Avg Power 442 W+23 W 419 W

Efficiency

Max Efficiency 23.40%+1.60 pp 21.80%

Avg Efficiency 21.49%+0.57 pp 20.92%

Reliability & Warranty

Avg Temp Coefficient -0.300%/°C -0.259%/°C+0.041

Bifacial Share 43 (66%)+8 pp 14 (58%)

Avg Warranty 27.4 yrs 27.9 yrs+0.5 yr

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

Cell technology across the market

Efficiency spread

Share of each catalogue in every efficiency band

Hyundai skews to higher efficiency: 6% of lineup is 23%+

Power spread

Share of each catalogue in every power band

Hyundai offers more 600W+ panels (5% of lineup)

Hyundai cell technology

Share of their models by cell architecture

Dominant cell tech: <strong>HJT</strong> (38%)

Meyer Burger cell technology

Share of their models by cell architecture

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

The flagships

Highest-power models from each brand

Hyundai all models

1 HiS-T640NJBIMonocrystalline 640 Wp 22.9% -0.290 2 HiS-T635NJBIMonocrystalline 635 Wp 22.7% -0.290 3 HiS-T630NJBIMonocrystalline 630 Wp 22.5% -0.290 4 HiT-H520LF-FB(ZB)BIMonocrystalline 520 Wp 23.4% -0.240 5 HiT-H515LF-FB(ZB)BIMonocrystalline 515 Wp 23.2% -0.240 6 HiT-H510LF-FB(ZB)BIMonocrystalline 510 Wp 22.9% -0.240 7 HiT-H505LF-FB(ZB)BIMonocrystalline 505 Wp 22.7% -0.240 8 HiT-H500LF-FB(ZB)BIMonocrystalline 500 Wp 22.5% -0.240 9 HiT-H460LE-FB(ZB)BIMonocrystalline 460 Wp 23.0% -0.240 10 HiT-H460CE-BFBIMonocrystalline 460 Wp 23.0% -0.240

Meyer Burger all models

1 MB_WG144Cyz_560BIMonocrystalline 560 Wp 20.8% -0.259 2 MB_WG144Cyz_555BIMonocrystalline 555 Wp 20.6% -0.259 3 MB_WG144Cyz_550BIMonocrystalline 550 Wp 20.4% -0.259 4 MB_WG144Cyz_545BIMonocrystalline 545 Wp 20.2% -0.259 5 MB_WG144Cyz_540BIMonocrystalline 540 Wp 20.1% -0.259 6 MB_W120AyB_400Monocrystalline 400 Wp 21.7% -0.259 7 MB_W120AyB_395Monocrystalline 395 Wp 21.5% -0.259 8 MB_B120AyB_395Monocrystalline 395 Wp 21.5% -0.259 9 MB_W120AyB_390Monocrystalline 390 Wp 21.2% -0.259 10 MB_B120AyB_390Monocrystalline 390 Wp 21.2% -0.259

Written summary

Hyundai Energy Solutions is a South Korean manufacturer operating under the broader HD Hyundai conglomerate, with its solar division tracing roots to the early 2000s. The company holds BloombergNEF Tier 1 bankability status, reflecting its institutional backing and consistent delivery track record. Meyer Burger is a Swiss company founded in 1953 originally as a precision equipment maker; it pivoted to panel manufacturing around 2021, building factories in Germany and, later, Arizona. However, by mid-2025 Meyer Burger's trajectory had diverged sharply from Hyundai's: the company filed for insolvency in Germany and Switzerland in May-June 2025, shut its Arizona factory, and its US holding entity filed for Chapter 11 bankruptcy on June 25, 2025. Substantially all assets were sold to Waaree Solar Americas in September 2025. Hyundai therefore holds the stronger - and currently the only functional - institutional footprint of the two.

Hyundai's lineup covers residential and light commercial rooftop use through its XG, YH, and newer NF series, the last of which uses N-Type TOPCon cell technology with efficiency ratings up to around 22.5%. The panels carry a 25-year product and performance warranty and are priced around market average, making them a mid-range choice suited to homeowners seeking reliable performance without paying a premium. Meyer Burger built its reputation on Heterojunction Technology panels that KIWA PVEL named a Top Performer across all seven reliability tests in 2024, with a notably low annual degradation rate and warranties extending to 30 years on its Glass Series. The technology was genuinely compelling, but those warranties are now effectively unsupported given the manufacturer's collapse.

For any buyer evaluating these two brands in 2025 or beyond, the practical verdict is straightforward. Hyundai remains an active, bankable manufacturer with supply chain continuity and warranty enforceability. Meyer Burger panels that remain in circulation are technically strong but carry unresolvable warranty risk, so they cannot be recommended as a primary choice regardless of the price discount that bankruptcy inventory typically implies.

Sources and further reading

Generated by Claude Sonnet · 2026-06-29

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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.

Shop prices: See 42 Hyundai offers · See 15 Meyer Burger 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.