Hyundai vs Navitas Solar - solar panel manufacturer comparison
Hyundai has the broader catalog (65 vs 8 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
Navitas Solar (Navitas Green Solutions Pvt. Ltd.) is an Indian solar module manufacturer headquartered in Surat, Gujarat. Founded in 2013, the company specializes in mono PERC and TOPCon solar panels and has expanded its annual manufacturing capacity to approximately 3 GW. It markets itself as one of India's leading...
- Founded
- 2013
- Headquarters
- Surat, India
- Annual capacity
- 3 GW/year
- Employees
- 100-500
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>PERC</strong> (100%)
The flagships
Written summary
Hyundai Energy Solutions is a South Korean manufacturer operating as a subsidiary of the HD Hyundai industrial group, with solar panel production tracing back to the group's deep roots in heavy industry and electronics. The company holds confirmed BloombergNEF Tier 1 bankable status and maintains an annual module production capacity of approximately 1.4 GW. Navitas Solar is an Indian manufacturer founded in 2013 and headquartered in Surat, Gujarat. It has expanded aggressively and reports a manufacturing capacity of around 2.5 to 3 GW per year, placing it among the top ten Indian solar producers according to JMK Research analytics. No confirmed BloombergNEF Tier 1 listing was found for Navitas Solar in publicly available quarterly records. On institutional standing and project-finance credibility, Hyundai carries the stronger footprint.
Hyundai's current lineup is focused on premium residential and light commercial rooftops, with newer series based on N-type TOPCon and HJT cell technology delivering confirmed module efficiencies above 22 percent. Its HiS YH and NF series come with 25 to 30 year product and performance warranties, and the brand name carries meaningful weight with installers and lenders in North America, Europe, and Australia. Navitas Solar addresses a substantially wider application range, from small off-grid modules up to 720 W large-format panels suited for utility-scale and commercial ground-mount projects. Its catalog is built primarily on Mono PERC technology, with a transition toward TOPCon underway, and the company competes most strongly within the Indian domestic market and selected export channels in Asia and the Middle East.
For buyers in Western markets or for any project requiring institutional financing, Hyundai is the safer default given its confirmed Tier 1 status and the financial strength of its parent group. Navitas Solar is a credible and growing option for cost-sensitive buyers in India or nearby export markets, but international buyers should independently verify bankability before committing to large project volumes.
Generated by Claude Sonnet · 2026-06-07
Other brand comparisons
Shop prices: See 40 Hyundai 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.