---
title: "Hyundai vs Solar Power Vietnam - Brand Comparison | ComparePV"
description: "Compare Hyundai vs Solar Power Vietnam solar panels: full portfolio, efficiency, cell technology breakdown, warranty terms and company background."
source: "https://comparepv.com/hyundai-vs-solar-power-vietnam"
---

# Hyundai vs Solar Power Vietnam

Hyundai has the broader catalog (65 vs 5 models). Hyundai leads on peak efficiency at 23.40%. Solar Power Vietnam leans bifacial (100% of lineup).


## The two companies


| Attribute | Hyundai | Solar Power Vietnam |
| --- | --- | --- |
| Country | South Korea | Vietnam |
| Headquarters | Seongnam-si |  |
| Founded | 2004 |  |
| Employees | 206 |  |
| Annual capacity | 1.35 GW/year |  |
| Tier 1 | yes | no |
| Listed | Korea Stock Exchange: 322000 |  |
| Website | [https://www.hd-hyundaies.co.kr](https://www.hd-hyundaies.co.kr) |  |

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...


## Catalog & Power


| Measure | Hyundai | Solar Power Vietnam | Margin |
| --- | --- | --- | --- |
| Panel Models | 65 | 5 | +60 |
| Max Power | 640 W | 735 W | +95 W |
| Avg Power | 442 W | 725 W | +283 W |


## Efficiency


| Measure | Hyundai | Solar Power Vietnam | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 23.40% | 22.90% | +0.50 pp |
| Avg Efficiency | 21.49% | 22.58% | +1.09 pp |


## Reliability & Warranty


| Measure | Hyundai | Solar Power Vietnam | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.300%/°C | - |  |
| Bifacial Share | 43 (66%) | 5 (100%) | +34 pp |
| Avg Warranty | 27.4 yrs | 30.0 yrs | +2.6 yr |


## Efficiency distribution

Hyundai skews to higher efficiency: 6% of lineup is 23%+


| Efficiency band | Hyundai | Solar Power Vietnam |
| --- | --- | --- |
| \<20% | 7 (10.8%) | 0 |
| 20-21% | 17 (26.2%) | 0 |
| 21-22% | 12 (18.5%) | 0 |
| 22-23% | 25 (38.5%) | 5 (100.0%) |
| 23%+ | 4 (6.2%) | 0 |


## Power distribution

Solar Power Vietnam offers more 600W+ panels (100% of lineup)


| Power band | Hyundai | Solar Power Vietnam |
| --- | --- | --- |
| \<400W | 8 (12.3%) | 0 |
| 400-499W | 49 (75.4%) | 0 |
| 500-599W | 5 (7.7%) | 0 |
| 600-699W | 3 (4.6%) | 0 |
| 700W+ | 0 | 5 (100.0%) |


## Cell technology

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

Dominant cell tech: **TOPCon** (100%)


| Technology | Hyundai | Solar Power Vietnam |
| --- | --- | --- |
| HJT | 25 (38.5%) | 0 |
| PERC | 25 (38.5%) | 0 |
| Unknown | 9 (13.8%) | 0 |
| TOPCon | 6 (9.2%) | 5 (100.0%) |


## 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, Solar Power Vietnam


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [SPV735-66SN210](https://comparepv.com/panel/solar-power-vietnam-spv735-66sn210) | 735 | 22.9 | - | Monocrystalline |
| 2 | [SPV730-66SN210](https://comparepv.com/panel/solar-power-vietnam-spv730-66sn210) | 730 | 22.7 | - | Monocrystalline |
| 3 | [SPV725-66SN210](https://comparepv.com/panel/solar-power-vietnam-spv725-66sn210) | 725 | 22.6 | - | Monocrystalline |
| 4 | [SPV720-66SN210](https://comparepv.com/panel/solar-power-vietnam-spv720-66sn210) | 720 | 22.4 | - | Monocrystalline |
| 5 | [SPV715-66SN210](https://comparepv.com/panel/solar-power-vietnam-spv715-66sn210) | 715 | 22.3 | - | Monocrystalline |


## Summary

Hyundai Energy Solutions (operating as HD Hyundai Energy Solutions since the 2022 rebranding of the HD Hyundai group) is a South Korean manufacturer with roots in the broader Hyundai industrial conglomerate. The company holds Bloomberg NEF Tier 1 bankability status, meaning major project finance institutions will fund installations using its panels, and it operates roughly 1.4 GW of annual module production capacity based in South Korea. Solar Power Vietnam Technology JSC is a substantially smaller Vietnamese manufacturer headquartered in Ho Chi Minh City, focused primarily on its home market and regional B2B channels; it does not appear on Bloomberg NEF or other widely recognized Tier 1 bankability lists. In terms of institutional footprint and international recognition, Hyundai Energy Solutions has the materially stronger standing.

On the product side, Hyundai Energy Solutions has moved its mainstream lineup toward N-type TOPCon cells, with mass production confirmed as of mid-2025 and panel efficiencies in independent reviews placed in the low-to-mid 20% range. Its catalog targets premium residential rooftop and mid-scale commercial installations, backed by 25-to-30-year performance warranties and a publicized annual degradation ceiling of 0.4%. Solar Power Vietnam offers a broader range of form factors - from small portable and semi-flexible panels to larger crystalline modules - making it better suited to off-grid kits, small rural electrification projects, and budget-conscious regional buyers rather than grid-tied residential or utility-scale deployments.

For a typical buyer in 2025 evaluating a grid-tied rooftop or small commercial system, Hyundai Energy Solutions is the more defensible default: its Tier 1 status simplifies project financing, its TOPCon technology is current-generation, and its warranty terms are among the stronger mid-premium offers available. Solar Power Vietnam serves a distinct niche - smaller-scale, price-sensitive, or off-grid applications where regional availability and lower upfront cost outweigh bankability considerations. The two brands are not meaningfully interchangeable for mainstream installs.

\---LINKS---

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

\- https://pv-magazine-usa.com/press-releases/hd-hyundai-energy-solutions-begins-mass-production-of-n-type-topcon-cells/ \| HD Hyundai Energy Solutions begins mass production of N-Type TOPCon cells \| article

\- https://www.enfsolar.com/solar-power-vietnam \| Solar Power Vietnam Technology JSC - ENF Solar Company Directory \| article

\- https://energypal.com/best-solar-panels-for-homes/solar-power-vietnam \| Solar Power Vietnam - EnergyPal Buyer Guide \| review

\- https://asia.solarbusinesshub.com/solar-company/vietnam/solar-power-vietnam/ \| Solar Power Vietnam - Solar Business Hub Asia Directory \| article

Sources:

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

\- \[HD Hyundai Energy Solutions begins mass production of N-Type TOPCon cells\](https://pv-magazine-usa.com/press-releases/hd-hyundai-energy-solutions-begins-mass-production-of-n-type-topcon-cells/)

\- \[Solar Power Vietnam Technology JSC - ENF Solar\](https://www.enfsolar.com/solar-power-vietnam)

\- \[Solar Power Vietnam - EnergyPal Buyer Guide\](https://energypal.com/best-solar-panels-for-homes/solar-power-vietnam)

\- \[Solar Power Vietnam - Solar Business Hub Asia\](https://asia.solarbusinesshub.com/solar-company/vietnam/solar-power-vietnam/)

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 Solar Power Vietnam](https://comparepv.com/ae-solar-vs-solar-power-vietnam)
- [Hyundai vs AEET](https://comparepv.com/hyundai-vs-aeet)
- [AIKO vs Solar Power Vietnam](https://comparepv.com/aiko-vs-solar-power-vietnam)
- [Hyundai vs AKCOME](https://comparepv.com/hyundai-vs-akcome)
- [ARTsolar vs Solar Power Vietnam](https://comparepv.com/artsolar-vs-solar-power-vietnam)


---

Source: https://comparepv.com/hyundai-vs-solar-power-vietnam

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