Hyundai vs Mogen Solar - solar panel manufacturer comparison

Hyundai

South Korea Founded 2004 Tier 1

Read the Hyundai review

Mogen Solar

Headquarters not published

Read the Mogen Solar review

At a glance

Hyundai has the broader catalog (65 vs 5 models). Hyundai leads on peak efficiency at 23.40%. Mogen Solar leans bifacial (100% 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.

Panel models

65 5

Highest power

640 Wp 435 Wp

Best efficiency

23.4% 22.0%

Average efficiency

21.5% 21.5%

Bifacial share

66% 100%

Average warranty

27 yrs 30 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

Mogen Solar

All Mogen Solar panels

Catalogue against catalogue

Averages over every model in the database

Metric Hyundai Mogen Solar

Catalog & Power

Panel Models 65+60 5

Max Power 640 W+205 W 435 W

Avg Power 442 W+18 W 424 W

Efficiency

Max Efficiency 23.40%+1.40 pp 22.00%

Avg Efficiency 21.49% 21.52%+0.03 pp

Reliability & Warranty

Avg Temp Coefficient -0.300%/°C -0.300%/°C+0.000

Bifacial Share 43 (66%) 5 (100%)+34 pp

Avg Warranty 27.4 yrs 30.0 yrs+2.6 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%)

Mogen Solar cell technology

Share of their models by cell architecture

Dominant cell tech: <strong>TOPCon</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

Mogen Solar all models

1 MG-435TDBIMonocrystalline 435 Wp 22.0% -0.300 2 MG-430TDBIMonocrystalline 430 Wp 21.8% -0.300 3 MG-425TDBIMonocrystalline 425 Wp 21.5% -0.300 4 MG-420TDBIMonocrystalline 420 Wp 21.3% -0.300 5 MG-410TDBIMonocrystalline 410 Wp 21.0% -0.300

Written summary

Hyundai Energy Solutions - operating under the HD Hyundai conglomerate - is a South Korean manufacturer with decades of electronics and heavy-industry heritage behind it. The company holds BloombergNEF Tier 1 status, a mark of bankability that signals lenders are comfortable financing projects built around its modules. Mogen Solar, by contrast, is a Chinese manufacturer founded in 2010 and headquartered in China, with European sales offices in Spain and the Netherlands. Mogen reports a module production capacity of around 3 GW and is actively building out manufacturing in Thailand to serve the U.S. market, but it does not appear on widely cited Tier 1 or bankability lists in publicly available search results. On institutional credibility, Hyundai carries a clear advantage thanks to its conglomerate backing and verified Tier 1 recognition.

Hyundai's current catalog spans PERC bifacial panels in the YH series, TOPCon modules in the NF(BK) series reaching efficiencies cited above 22%, and older XG series PERC panels - covering residential rooftops through small commercial ground-mounts. Mogen Solar also covers a wide technology range, offering PERC, N-type TOPCon, and HJT heterojunction panels from roughly 30 W to 710 W, and has shipped over 500 MW of TOPCon and HJT modules since late 2022. Mogen's broader wattage range and HJT offering suggest it can address utility-scale and bespoke commercial projects where Hyundai's residential-leaning lineup is thinner.

For a typical buyer in 2025, Hyundai is the safer default: verified bankability, a 25-year product and performance warranty backed by a Fortune-class parent, and good availability through mainstream U.S. and European installers. Mogen Solar may appeal to cost-focused buyers or integrators needing high-wattage HJT modules who are comfortable working with a less-established brand and accepting somewhat higher counterparty risk. The two are not interchangeable - Hyundai wins on bankability and supply-chain familiarity, while Mogen competes on technology breadth and potentially sharper pricing.

Sources and further reading

Generated by Claude Sonnet · 2026-06-21

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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.

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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.