---
title: "Hyundai vs MWG - Brand Comparison | ComparePV"
description: "Compare Hyundai vs MWG solar panels: full portfolio, efficiency, cell technology breakdown, warranty terms and company background."
source: "https://comparepv.com/hyundai-vs-mwg"
---

# Hyundai vs MWG

Hyundai has the broader catalog (65 vs 2 models). Hyundai leads on peak efficiency at 23.40%. Hyundai leans bifacial (66% of lineup).


## The two companies


| Attribute | Hyundai | MWG |
| --- | --- | --- |
| Country | South Korea | Poland |
| Headquarters | Seongnam-si | Zabrze |
| Founded | 2004 | 2005 |
| Employees | 206 |  |
| Annual capacity | 1.35 GW/year |  |
| Tier 1 | yes | no |
| Listed | Korea Stock Exchange: 322000 |  |
| Website | [https://www.hd-hyundaies.co.kr](https://www.hd-hyundaies.co.kr) | [https://mwpower.pl](https://mwpower.pl) |

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...

MW Power is a Polish brand operating under MPL Group, offering a range of technology products including photovoltaic panels sold under the MW Green Power (MWG) brand. Their solar modules are small-wattage units (10W–100W) made from monocrystalline silicon, primarily intended for autonomous and off-grid energy systems...


## Catalog & Power


| Measure | Hyundai | MWG | Margin |
| --- | --- | --- | --- |
| Panel Models | 65 | 2 | +63 |
| Max Power | 640 W | 400 W | +240 W |
| Avg Power | 442 W | 370 W | +72 W |


## Efficiency


| Measure | Hyundai | MWG | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 23.40% | 20.12% | +3.28 pp |
| Avg Efficiency | 21.49% | 19.72% | +1.77 pp |


## Reliability & Warranty


| Measure | Hyundai | MWG | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.300%/°C | -0.390%/°C | +0.090 |
| Bifacial Share | 43 (66%) | 0 (0%) | +66 pp |
| Avg Warranty | 27.4 yrs | 25.0 yrs | +2.4 yr |


## Efficiency distribution

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


| Efficiency band | Hyundai | MWG |
| --- | --- | --- |
| \<20% | 7 (10.8%) | 1 (50.0%) |
| 20-21% | 17 (26.2%) | 1 (50.0%) |
| 21-22% | 12 (18.5%) | 0 |
| 22-23% | 25 (38.5%) | 0 |
| 23%+ | 4 (6.2%) | 0 |


## Power distribution

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


| Power band | Hyundai | MWG |
| --- | --- | --- |
| \<400W | 8 (12.3%) | 1 (50.0%) |
| 400-499W | 49 (75.4%) | 1 (50.0%) |
| 500-599W | 5 (7.7%) | 0 |
| 600-699W | 3 (4.6%) | 0 |


## Cell technology

Dominant cell tech: **HJT** (38%)


| Technology | Hyundai | MWG |
| --- | --- | --- |
| HJT | 25 (38.5%) | 0 |
| PERC | 25 (38.5%) | 0 |
| Unknown | 9 (13.8%) | 2 (100.0%) |
| TOPCon | 6 (9.2%) | 0 |


## Top panels, Hyundai


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [HiS-T640NJ](https://comparepv.com/panel/hd-hyundai-energy-solutions-his-t640nj) | 640 | 22.9 | -0.290 | Monocrystalline |
| 2 | [HiS-T635NJ](https://comparepv.com/panel/hd-hyundai-energy-solutions-his-t635nj) | 635 | 22.7 | -0.290 | Monocrystalline |
| 3 | [HiS-T630NJ](https://comparepv.com/panel/hd-hyundai-energy-solutions-his-t630nj) | 630 | 22.5 | -0.290 | Monocrystalline |
| 4 | [HiT-H520LF-FB(ZB)](https://comparepv.com/panel/hyundai-hit-h520lf-fb-zb) | 520 | 23.4 | -0.240 | Monocrystalline |
| 5 | [HiT-H515LF-FB(ZB)](https://comparepv.com/panel/hyundai-hit-h515lf-fb-zb) | 515 | 23.2 | -0.240 | Monocrystalline |
| 6 | [HiT-H510LF-FB(ZB)](https://comparepv.com/panel/hyundai-hit-h510lf-fb-zb) | 510 | 22.9 | -0.240 | Monocrystalline |
| 7 | [HiT-H505LF-FB(ZB)](https://comparepv.com/panel/hyundai-hit-h505lf-fb-zb) | 505 | 22.7 | -0.240 | Monocrystalline |
| 8 | [HiT-H500LF-FB(ZB)](https://comparepv.com/panel/hyundai-hit-h500lf-fb-zb) | 500 | 22.5 | -0.240 | Monocrystalline |
| 9 | [HiT-H460LE-FB(ZB)](https://comparepv.com/panel/hyundai-hit-h460le-fb-zb) | 460 | 23.0 | -0.240 | Monocrystalline |
| 10 | [HiT-H460CE-BF](https://comparepv.com/panel/hyundai-hit-h460ce-bf) | 460 | 23.0 | -0.240 | Monocrystalline |


## Top panels, MWG


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [MWG-400M](https://comparepv.com/panel/mwg-mwg-400m) | 400 | 19.3 | -0.390 | Monocrystalline |
| 2 | [MWG-340M](https://comparepv.com/panel/mwg-mwg-340m) | 340 | 20.1 | -0.390 | Monocrystalline |


## Summary

Hyundai Energy Solutions (branded HD Hyundai Energy Solutions) is a South Korean manufacturer operating under the HD Hyundai conglomerate, with corporate roots tracing back to Hyundai Heavy Industries in 1972. The company holds BloombergNEF Tier 1 bankability status, meaning major financial institutions will fund projects using its modules. Annual manufacturing capacity has been reported at over 1.4 GW, and in early 2025 the company began mass production of N-type TOPCon cells, signaling a clear shift toward high-efficiency technology. A recent $85 million module supply agreement for a large U.S. project underscores its active positioning in the North American utility segment. By contrast, MWG - sold under the "MW Green Power" label - is a markedly smaller brand whose product line, as documented through European electronics components distributors such as Transfer Multisort Elektronik (TME), consists primarily of compact polycrystalline panels in the 10W-to-100W power range. No Tier 1 or BloombergNEF listing was found for MWG, and its institutional footprint is not comparable to Hyundai's.

Hyundai's current catalog centers on its HiN N-type TOPCon series, with bifacial modules ranging from all-black 435W residential panels to large-format 640W commercial and utility-scale modules achieving efficiencies above 22%. The company targets both premium residential rooftops and utility-scale ground-mount installations. MWG's panels, built on older polycrystalline silicon technology with module outputs typically between 10W and 100W, are designed for small-scale and off-grid applications - think garden lighting systems, IoT sensor power, or hobbyist electronics builds - rather than rooftop or ground-mount solar installations.

For any buyer evaluating residential, commercial, or utility-scale solar, Hyundai Energy Solutions is the only realistic option of the two. MWG occupies a completely separate market niche and should not be considered a like-for-like alternative. The two brands are not interchangeable.

\---LINKS---

\- https://www.solarreviews.com/blog/complete-review-hyundai-solar-panels \| Complete Review of Hyundai Solar Panels 2025 - SolarReviews \| review

\- https://pv-magazine-usa.com/press-releases/hd-hyundai-energy-solutions-begins-mass-production-of-n-type-topcon-cells/ \| HD Hyundai Energy Solutions begins mass production of N-Type TOPCon cells \| article

\- https://www.energysage.com/solar-panels/hyundai-energy-solutions/ \| Hyundai Energy Solutions Solar Panels - EnergySage \| review

\- https://www.tme.eu/en/details/mf-20w/photovoltaic-modules/green-power/mwg-20/ \| MWG-20 Green Power polycrystalline 20W panel - TME datasheet \| article

\- https://solarquarter.com/2026/04/04/hd-hyundai-energy-solutions-secures-85-million-module-supply-deal-for-u-s-solar-project/ \| HD Hyundai Energy Solutions secures $85M module supply deal for U.S. project \| article

Sources:

\- \[Complete Review of Hyundai Solar Panels 2025 - SolarReviews\](https://www.solarreviews.com/blog/complete-review-hyundai-solar-panels)

\- \[HD Hyundai Energy Solutions begins mass production of N-Type TOPCon cells - PV Magazine USA\](https://pv-magazine-usa.com/press-releases/hd-hyundai-energy-solutions-begins-mass-production-of-n-type-topcon-cells/)

\- \[Hyundai Energy Solutions Solar Panels - EnergySage\](https://www.energysage.com/solar-panels/hyundai-energy-solutions/)

\- \[MWG-20 Green Power polycrystalline 20W panel - TME\](https://www.tme.eu/en/details/mf-20w/photovoltaic-modules/green-power/mwg-20/)

\- \[HD Hyundai Energy Solutions secures $85M module supply deal - SolarQuarter\](https://solarquarter.com/2026/04/04/hd-hyundai-energy-solutions-secures-85-million-module-supply-deal-for-u-s-solar-project/)

Written by claude-sonnet from the figures above.


## Other comparisons

- [Hyundai vs A.B. Energy](https://comparepv.com/hyundai-vs-a-b-energy)
- [AE Solar vs MWG](https://comparepv.com/ae-solar-vs-mwg)
- [Hyundai vs AEET](https://comparepv.com/hyundai-vs-aeet)
- [AIKO vs MWG](https://comparepv.com/aiko-vs-mwg)
- [Hyundai vs AKCOME](https://comparepv.com/hyundai-vs-akcome)
- [ARTsolar vs MWG](https://comparepv.com/artsolar-vs-mwg)


---

Source: https://comparepv.com/hyundai-vs-mwg

Not in this file, on the page: the distributions above drawn as charts.