Hyundai vs Panasonic - solar panel manufacturer comparison
Hyundai has the broader catalog (65 vs 25 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
Panasonic is a global leader in the development of innovative technologies and solutions for wide-ranging applications in the consumer electronics, housing, automotive, industry, communications, and energy sectors. The company was founded in 1918 by Konosuke Matsushita and has been committed to enhancing the quality...
- Founded
- 1918
- Headquarters
- Kadoma, near Ōsaka, Japan
- Annual capacity
- 1+ GW/year
- Employees
- 9,500+
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>HJT</strong> (88%)
The flagships
Written summary
Hyundai Energy Solutions, the solar division of South Korea's HD Hyundai conglomerate, has been manufacturing photovoltaic modules since the 1980s and holds BloombergNEF Tier 1 bankability status, meaning major financial institutions will finance projects using its panels. The division operates roughly 1.4 GW of annual production capacity and in 2025 secured a 36 MW supply agreement with U.S.-based Turning Point Energy, signaling continued commercial momentum. Panasonic, the Japanese electronics giant, pioneered its proprietary HIT heterojunction cell technology decades ago and long commanded a premium reputation in the residential solar market. However, on April 28, 2025, Panasonic North America announced it would discontinue its entire solar and battery storage business, ending production of the EverVolt line entirely. Hyundai therefore enters this comparison as an active, growing manufacturer while Panasonic is now a legacy brand with no new supply.
In terms of product families, Hyundai offers residential-oriented panels in its XG Series and bifacial modules in its YH Series suited to ground-mount and small commercial applications, using N-type TOPCon and shingled cell technology. Panasonic's EverVolt HK2 and PK2 series, built on HJT architecture with efficiency ratings confirmed above 22%, were widely regarded as among the best panels for space-constrained residential rooftops and high-temperature climates, thanks to industry-leading temperature coefficients. Panasonic's EverVolt panels were manufactured under an OEM arrangement with REC Group, and reviewers suggest the REC Alpha Pure-RX as the closest current equivalent for buyers who sought Panasonic quality.
For any buyer evaluating these two brands in 2025 or beyond, the choice is effectively settled by Panasonic's market exit. Hyundai Energy Solutions is the only viable option for new installations - offering solid Tier 1 bankability, a competitive mid-range price point, and active warranty support. Buyers who specifically want HJT technology comparable to the retired EverVolt line should look at REC Group or other active HJT manufacturers rather than sourcing remaining Panasonic stock.
Generated by Claude Sonnet · 2026-06-12
Other brand comparisons
Shop prices: See 41 Hyundai offers · See 1 Panasonic offer
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.