Hyundai vs Runda Solar - solar panel manufacturer comparison
Hyundai has the broader catalog (65 vs 6 models). Runda Solar leads on peak efficiency at 23.50%. Runda Solar leans bifacial (100% 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
Runda Solar (Jiangsu Runda PV Co., Ltd.) is a high-tech company dedicated to manufacturing world-class solar photovoltaic modules. The company's business covers the entire photovoltaic industry chain, including R&D, production, and sales of PV modules, as well as energy storage and smart grid solutions. Runda Solar...
- Founded
- 2009
- Headquarters
- Yancheng, Jiangsu Province, China
- Annual capacity
- 4GW (modules), 8GW (cells), 1GWh (energy storage) GW/year
- Employees
- 800+
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
Runda Solar skews to higher efficiency: 67% of lineup is 23%+
Runda Solar offers more 600W+ panels (100% of lineup)
Dominant cell tech: <strong>HJT</strong> (38%)
Dominant cell tech: <strong>TOPCon</strong> (100%)
The flagships
Written summary
Hyundai Energy Solutions, trading as HD Hyundai Energy Solutions, is a South Korean manufacturer backed by the HD Hyundai industrial group. The company holds BloombergNEF Tier 1 bankability status, meaning major financial institutions will finance projects built with its modules - a significant credential for developers and insurers alike. Its annual production capacity stands at approximately 1.4 GW, a mid-scale figure by global standards but substantial for a Korean-origin brand. Jiangsu Runda PV Co., Ltd., operating as Runda Solar, is a Chinese manufacturer founded in 2009 and headquartered in Yancheng, Jiangsu Province. It carries TUV and UL certifications and has cooperative agreements with large state-owned Chinese utilities, but no BloombergNEF Tier 1 recognition was found in available sources. On institutional footprint alone, HD Hyundai Energy Solutions has the clearer advantage.
HD Hyundai Energy Solutions has moved decisively into N-type TOPCon cell production, which it licenses and manufactures in Korea, offering residential lines such as the XG and YH series alongside high-power commercial modules exceeding 600 W. The company was recognized as a top performer in PVEL's module scorecard and is actively expanding into the U.S. commercial market. Runda Solar covers a broader technology spread - offering PERC, TOPCon, and HJT modules - targeting residential rooftop, commercial and industrial distributed, and utility-scale ground-mount segments across more than 20 export markets. This breadth positions Runda more as a flexible, volume-oriented supplier than a premium-differentiated brand.
For a typical buyer in 2025 - whether a residential installer or a project finance-backed commercial developer - HD Hyundai Energy Solutions is the more defensible choice: its Tier 1 status reduces financing friction, its TOPCon technology is confirmed by independent testing, and its warranty terms extend to 30 years. Runda Solar may suit cost-sensitive projects where bankability is less critical, but its lower profile and absence from Tier 1 lists make it a harder sell in markets where lender approval is required.
Generated by Claude Sonnet · 2026-06-24
Other brand comparisons
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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.