Hyundai vs New East Solar - solar panel manufacturer comparison
Hyundai has the broader catalog (65 vs 30 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.
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
New East Solar Energy (NE Solar) is a Cambodia-based solar cell and module manufacturer specializing in high-efficiency Mono and Poly PERC solar cells and modules. The company operates manufacturing facilities in Cambodia, Indonesia, and a new 2 GW factory in Phoenix, Arizona, USA. NE Solar holds a BNEF Tier 1...
- Headquarters
- Phnom Penh, Cambodia
- Annual capacity
- 5-10 GW/year
- Employees
- 201-500
- Tier 1 bankable
- Yes
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
New East Solar skews to higher efficiency: 7% of lineup is 23%+
New East Solar offers more 600W+ panels (33% of lineup)
Dominant cell tech: <strong>HJT</strong> (38%)
Dominant cell tech: <strong>TOPCon</strong> (67%)
The flagships
Written summary
Hyundai Energy Solutions is a South Korean manufacturer operating as a division of the HD Hyundai conglomerate, giving it the kind of deep corporate infrastructure that lenders and project finance teams have long trusted. The company holds BNEF Tier 1 status, reflecting its bankability with commercial financiers. New East Solar Energy (NE Solar) is headquartered in Cambodia, with manufacturing plants in Indonesia and, as of the mid-2020s, a 2-GW facility in Phoenix, Arizona, which brought its stated total production capacity to approximately 6.7 GW. NE Solar achieved BNEF Tier 1 ranking in August 2024 - a meaningful milestone, but one that arrived more recently than Hyundai's long-established standing. On pure institutional footprint and brand heritage, Hyundai holds a clear advantage.
Hyundai's catalog spans both PERC and N-Type TOPCon cell technologies, with its premium NF(BK) series reaching confirmed module efficiencies of up to 22.53%. Its all-black TOPCon panels are well suited to residential rooftops where aesthetics matter alongside performance, and the company backs them with 25-year product and performance warranties. NE Solar's lineup is built primarily around monocrystalline PERC and bifacial PERC modules, with confirmed efficiencies up to around 20.1%, positioning it more toward cost-competitive commercial and utility-scale ground-mount applications rather than premium residential segments.
For a typical buyer evaluating these two in 2025, Hyundai is the stronger default on the residential side: its TOPCon technology, longer track record, and Hyundai brand recognition reduce risk for homeowners and installers alike. NE Solar is worth consideration for commercial or utility buyers who want a Tier 1-rated, competitively priced PERC product with growing domestic U.S. manufacturing credentials. The two brands are not really interchangeable - they serve somewhat different niches, with Hyundai sitting higher on the technology and brand-value ladder and NE Solar competing primarily on scale and price.
Generated by Claude Sonnet · 2026-06-06
Other brand comparisons
Shop prices: See 42 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.