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

# Hyundai vs Renew Photovoltaics

Hyundai has the broader catalog (65 vs 14 models). Renew Photovoltaics leads on peak efficiency at 23.69%. Renew Photovoltaics leans bifacial (93% of lineup).


## The two companies


| Attribute | Hyundai | Renew Photovoltaics |
| --- | --- | --- |
| Country | South Korea | India |
| Headquarters | Seongnam-si | Gurugram |
| Founded | 2004 | 2011 |
| Employees | 206 | 4,336 |
| Annual capacity | 1.35 GW/year | 6+ GW/year |
| Tier 1 | yes |  |
| Listed | Korea Stock Exchange: 322000 | NASDAQ: RNW, RNWWW |
| Website | [https://www.hd-hyundaies.co.kr](https://www.hd-hyundaies.co.kr) | [https://www.renew.com/](https://www.renew.com/) |

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...

ReNew is a leading decarbonization company and one of the largest renewable energy independent power producers in India. Founded in 2011 by Sumant Sinha, the company delivers end-to-end decarbonization solutions, including wind, solar, hydropower, green hydrogen, energy storage, carbon credits and energy services...


## Catalog & Power


| Measure | Hyundai | Renew Photovoltaics | Margin |
| --- | --- | --- | --- |
| Panel Models | 65 | 14 | +51 |
| Max Power | 640 W | 640 W |  |
| Avg Power | 442 W | 569 W | +127 W |


## Efficiency


| Measure | Hyundai | Renew Photovoltaics | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 23.40% | 23.69% | +0.29 pp |
| Avg Efficiency | 21.49% | 21.80% | +0.30 pp |


## Reliability & Warranty


| Measure | Hyundai | Renew Photovoltaics | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.300%/°C | -0.311%/°C | +0.011 |
| Bifacial Share | 43 (66%) | 13 (93%) | +27 pp |
| Avg Warranty | 27.4 yrs | 29.6 yrs | +2.3 yr |


## Efficiency distribution

Renew Photovoltaics skews to higher efficiency: 7% of lineup is 23%+


| Efficiency band | Hyundai | Renew Photovoltaics |
| --- | --- | --- |
| \<20% | 7 (10.8%) | 0 |
| 20-21% | 17 (26.2%) | 3 (21.4%) |
| 21-22% | 12 (18.5%) | 5 (35.7%) |
| 22-23% | 25 (38.5%) | 5 (35.7%) |
| 23%+ | 4 (6.2%) | 1 (7.1%) |


## Power distribution

Renew Photovoltaics offers more 600W+ panels (14% of lineup)


| Power band | Hyundai | Renew Photovoltaics |
| --- | --- | --- |
| \<400W | 8 (12.3%) | 0 |
| 400-499W | 49 (75.4%) | 0 |
| 500-599W | 5 (7.7%) | 12 (85.7%) |
| 600-699W | 3 (4.6%) | 2 (14.3%) |


## Cell technology

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

Dominant cell tech: **PERC** (57%)


| Technology | Hyundai | Renew Photovoltaics |
| --- | --- | --- |
| HJT | 25 (38.5%) | 0 |
| PERC | 25 (38.5%) | 8 (57.1%) |
| Unknown | 9 (13.8%) | 0 |
| TOPCon | 6 (9.2%) | 6 (42.9%) |


## 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, Renew Photovoltaics


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [RPS3MH66BDXXX](https://comparepv.com/panel/renew-photovoltaics-rps3mh66bdxxx) | 640 | 23.7 | -0.290 | Monocrystalline |
| 2 | [RPS1MH60MBXXX](https://comparepv.com/panel/renew-photovoltaics-rps1mh60mbxxx) | 610 | 21.5 | -0.330 | Monocrystalline |
| 3 | [RPS2MH72BD590](https://comparepv.com/panel/renew-photovoltaics-rps2mh72bd590) | 590 | 22.8 | -0.300 | Monocrystalline |
| 4 | [RPS2MH72BD585](https://comparepv.com/panel/renew-photovoltaics-rps2mh72bd585) | 585 | 22.6 | -0.300 | Monocrystalline |
| 5 | [RPS2MH72BD580](https://comparepv.com/panel/renew-photovoltaics-rps2mh72bd580) | 580 | 22.4 | -0.300 | Monocrystalline |
| 6 | [RPS2MH72BD575](https://comparepv.com/panel/renew-photovoltaics-rps2mh72bd575) | 575 | 22.3 | -0.300 | Monocrystalline |
| 7 | [RPS2MH72BD570](https://comparepv.com/panel/renew-photovoltaics-rps2mh72bd570) | 570 | 22.1 | -0.300 | Monocrystalline |
| 8 | [RPS2MH72BD560](https://comparepv.com/panel/renew-photovoltaics-rps2mh72bd560) | 560 | 21.7 | -0.320 | Monocrystalline |
| 9 | [RPS2MH72BD555](https://comparepv.com/panel/renew-photovoltaics-rps2mh72bd555) | 555 | 21.5 | -0.320 | Monocrystalline |
| 10 | [RPS2MH72BD550](https://comparepv.com/panel/renew-photovoltaics-rps2mh72bd550) | 550 | 21.3 | -0.320 | Monocrystalline |


## Summary

Hyundai Energy Solutions is a South Korean manufacturer whose solar division traces back to around 2004, operating under the broader HD Hyundai conglomerate originally known for shipbuilding and heavy industry. The company carries BloombergNEF Tier 1 bankability status, has built a 1.37 GW solar cell factory in South Korea, and distributes panels in Europe, North America, Australia, and Asia. Renew Photovoltaics - the solar manufacturing arm of ReNew Energy Global - is an Indian company listed on Nasdaq with a clean energy portfolio reported at 18.2 GW. Its two plants in Jaipur and Dholera together provide roughly 6.4 GW of module and 2.5 GW of cell manufacturing capacity, making it substantially larger by production scale. ReNew's modules earned a "Top Performer" designation from Kiwa PVEL in their 2024 reliability scorecard, though its BloombergNEF Tier 1 module-bankability status was not confirmed in available sources. On institutional footprint in Western project-finance markets, Hyundai's long-standing Tier 1 recognition gives it the stronger position there.

Hyundai's commercial lineup centers on residential and light commercial rooftop installations, with its XG Series monocrystalline PERC panels in the 350-375 W range and its bifacial YH Series reaching 385-410 W with efficiencies around 19-20 percent. The company has also moved into N-type TOPCon modules for buyers seeking higher performance. Renew Photovoltaics targets primarily utility-scale ground-mount and large commercial projects, producing M10 and G12 format bifacial modules in both PERC and TOPCon configurations. Its scale and PLI-scheme backing make it well suited to large procurement contracts, especially in India and emerging markets where cost and volume matter most.

For a buyer in Western markets seeking residential or small commercial panels with established warranty support, Hyundai remains the more accessible and bankable default. Buyers sourcing at utility scale in South Asia or looking for volume at competitive price points will find Renew Photovoltaics more relevant. The two brands serve meaningfully different segments rather than being direct substitutes.

\---LINKS---

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

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

\- https://www.pv-magazine.com/2021/03/12/hyundai-builds-1-37-gw-solar-cell-factory-in-south-korea/ \| Hyundai builds 1.37 GW solar cell factory in South Korea - PV Magazine \| article

\- https://www.renew.com/blog-detail/renew-s-jaipur-solar-manufacturing-plant-setting-new-benchmarks-in-sustainable-innovation \| ReNew Jaipur Solar Manufacturing Plant - Setting New Benchmarks \| article

\- https://www.pv-magazine-india.com/2025/09/22/renew-reduces-solar-module-cell-prices-following-gst-cut/ \| ReNew reduces solar module and cell prices following GST cut \| article

Sources:

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

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

\- \[Hyundai builds 1.37 GW solar cell factory in South Korea - PV Magazine\](https://www.pv-magazine.com/2021/03/12/hyundai-builds-1-37-gw-solar-cell-factory-in-south-korea/)

\- \[ReNew's Jaipur Solar Manufacturing Plant\](https://www.renew.com/blog-detail/renew-s-jaipur-solar-manufacturing-plant-setting-new-benchmarks-in-sustainable-innovation)

\- \[ReNew reduces solar module, cell prices following GST cut - PV Magazine India\](https://www.pv-magazine-india.com/2025/09/22/renew-reduces-solar-module-cell-prices-following-gst-cut/)

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 Renew Photovoltaics](https://comparepv.com/ae-solar-vs-renew-photovoltaics)
- [Hyundai vs AEET](https://comparepv.com/hyundai-vs-aeet)
- [AIKO vs Renew Photovoltaics](https://comparepv.com/aiko-vs-renew-photovoltaics)
- [Hyundai vs AKCOME](https://comparepv.com/hyundai-vs-akcome)
- [ARTsolar vs Renew Photovoltaics](https://comparepv.com/artsolar-vs-renew-photovoltaics)


---

Source: https://comparepv.com/hyundai-vs-renew-photovoltaics

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