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

# Hyundai vs ZNShine

ZNShine has the broader catalog (212 vs 65 models). Hyundai leads on peak efficiency at 23.40%. Hyundai leans bifacial (66% of lineup).


## The two companies


| Attribute | Hyundai | ZNShine |
| --- | --- | --- |
| Country | South Korea | China |
| Headquarters | Seongnam-si | Suqian |
| Founded | 2004 | 1988 |
| Employees | 206 | 1,200 |
| Annual capacity | 1.35 GW/year | 10 GW/year |
| Tier 1 | yes | yes |
| Listed | Korea Stock Exchange: 322000 | NEEQ: 838463 |
| Website | [https://www.hd-hyundaies.co.kr](https://www.hd-hyundaies.co.kr) | [http://www.znshinesolar.com](http://www.znshinesolar.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...

ZNShine Solar is a high-tech PV enterprise specializing in R&D, manufacturing, and sales of solar modules. They also provide integrated photovoltaic, battery storage, and green hydrogen solutions, as well as BIPV, rooftop solar, and utility-scale solar solutions with a commitment to boosting green electricity...


## Catalog & Power


| Measure | Hyundai | ZNShine | Margin |
| --- | --- | --- | --- |
| Panel Models | 65 | 212 | +147 |
| Max Power | 640 W | 670 W | +30 W |
| Avg Power | 442 W | 535 W | +92 W |


## Efficiency


| Measure | Hyundai | ZNShine | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 23.40% | 22.83% | +0.57 pp |
| Avg Efficiency | 21.49% | 21.35% | +0.14 pp |


## Reliability & Warranty


| Measure | Hyundai | ZNShine | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.300%/°C | -0.329%/°C | +0.029 |
| Bifacial Share | 43 (66%) | 89 (42%) | +24 pp |
| Avg Warranty | 27.4 yrs | 28.3 yrs | +0.9 yr |


## Efficiency distribution

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


| Efficiency band | Hyundai | ZNShine |
| --- | --- | --- |
| \<20% | 7 (10.8%) | 5 (2.4%) |
| 20-21% | 17 (26.2%) | 59 (27.8%) |
| 21-22% | 12 (18.5%) | 101 (47.6%) |
| 22-23% | 25 (38.5%) | 47 (22.2%) |
| 23%+ | 4 (6.2%) | 0 |


## Power distribution

ZNShine offers more 600W+ panels (20% of lineup)


| Power band | Hyundai | ZNShine |
| --- | --- | --- |
| \<400W | 8 (12.3%) | 6 (2.8%) |
| 400-499W | 49 (75.4%) | 64 (30.2%) |
| 500-599W | 5 (7.7%) | 99 (46.7%) |
| 600-699W | 3 (4.6%) | 43 (20.3%) |


## Cell technology

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

Dominant cell tech: **PERC** (63%)


| Technology | Hyundai | ZNShine |
| --- | --- | --- |
| HJT | 25 (38.5%) | 0 |
| PERC | 25 (38.5%) | 134 (63.2%) |
| Unknown | 9 (13.8%) | 0 |
| TOPCon | 6 (9.2%) | 78 (36.8%) |


## 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, ZNShine


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [ZXM8-TP132-670W](https://comparepv.com/panel/znshine-zxm8-tp132-670w) | 670 | 21.6 | -0.340 | Monocrystalline |
| 2 | [ZXM8-TPLD132-670](https://comparepv.com/panel/znshine-zxm8-tpld132-670) | 670 | 21.6 | -0.340 | Monocrystalline |
| 3 | [ZXM8-TPLDD132-670](https://comparepv.com/panel/znshine-zxm8-tpldd132-670) | 670 | 21.6 | -0.340 | Monocrystalline |
| 4 | [ZXM8-TP132-670](https://comparepv.com/panel/znshine-zxm8-tp132-670) | 670 | 21.6 | -0.340 | Monocrystalline |
| 5 | [ZXM8-TPLD132-670W](https://comparepv.com/panel/znshine-zxm8-tpld132-670w) | 670 | 21.6 | -0.340 | Monocrystalline |
| 6 | [ZXM8-TP132-665W](https://comparepv.com/panel/znshine-zxm8-tp132-665w) | 665 | 21.4 | -0.340 | Monocrystalline |
| 7 | [ZXM8-TPLD132-665](https://comparepv.com/panel/znshine-zxm8-tpld132-665) | 665 | 21.4 | -0.340 | Monocrystalline |
| 8 | [ZXM8-TPLDD132-665](https://comparepv.com/panel/znshine-zxm8-tpldd132-665) | 665 | 21.4 | -0.340 | Monocrystalline |
| 9 | [ZXM8-TPLD132-665W](https://comparepv.com/panel/znshine-zxm8-tpld132-665w) | 665 | 21.4 | -0.340 | Monocrystalline |
| 10 | [ZXM8-TP132-665](https://comparepv.com/panel/znshine-zxm8-tp132-665) | 665 | 21.4 | -0.340 | Monocrystalline |


## Summary

Hyundai Energy Solutions - operating under the HD Hyundai group - is a South Korean manufacturer whose solar division traces its origins to Hyundai Heavy Industries in 1972. It holds BloombergNEF Tier 1 bankability status and carries the backing of one of South Korea's largest industrial conglomerates, with reported annual module production capacity of over 1.4 GW at its Korean facilities. ZNShine (ZNSHINE PV-TECH Co., Ltd.) is a Chinese manufacturer founded in 2007, headquartered in Jiangsu province, with production bases in Changzhou, Suqian, and Dali totaling 10 GW of declared capacity. ZNShine has maintained BloombergNEF Tier 1 status since 2015 and was upgraded to a B rating in PV Tech's Q2 2024 ModuleTech bankability rankings. On sheer industrial scale and supply-chain breadth, ZNShine is the significantly larger operation.

Hyundai Energy Solutions has historically targeted premium residential and light commercial rooftop segments, emphasizing quality assurance and corporate-brand reassurance for risk-averse buyers. The company launched mass production of N-type TOPCon cells in April 2025, achieving cell efficiencies above 24%, with finished modules in the roughly 19-21% range; independent reliability testing by PVEL placed them among top performers for thermal cycling, hail stress, and PID resistance. Its product and performance warranties run 25-30 years, which is notably generous. ZNShine covers a wider range of use cases - residential, commercial, and utility-scale ground-mount - and its monocrystalline lineup reaches up to around 21% efficiency. Its standard product warranty stands at 12 years, which is shorter than most comparable Tier 1 peers and worth flagging for buyers focused on long-term risk.

For a typical buyer in 2025, Hyundai Energy Solutions is the stronger choice at the residential or small-commercial level if warranty depth and third-party reliability scores are priorities. ZNShine is a credible option for cost-sensitive commercial or utility projects where procurement volume matters and the shorter product warranty can be offset by contractual terms - but buyers should negotiate warranty coverage carefully before committing.

\---LINKS---

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

\- https://www.solarreviews.com/blog/znshine-solar-panels-review \| Complete Review of ZNShine Solar Panels - SolarReviews \| review

\- https://www.znshinesolar.com/ZNSHINE-SOLAR-Upgraded-to-B-Rating-in-PV-Tech-Bankability-Ranking-Demonstrating-Robust-Overall-Strength-id40077976.html \| ZNShine upgraded to B rating in PV Tech Bankability Ranking \| article

\- https://gosolarquotes.com.au/review/znshine-solar-panels/ \| ZNShine Solar Panels Review 2025 - GoSolarQuotes \| review

Sources:

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

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

\- \[Complete Review of ZNShine Solar Panels - SolarReviews\](https://www.solarreviews.com/blog/znshine-solar-panels-review)

\- \[ZNShine upgraded to B rating in PV Tech Bankability Ranking\](https://www.znshinesolar.com/ZNSHINE-SOLAR-Upgraded-to-B-Rating-in-PV-Tech-Bankability-Ranking-Demonstrating-Robust-Overall-Strength-id40077976.html)

\- \[ZNShine Solar Panels Review 2025 - GoSolarQuotes\](https://gosolarquotes.com.au/review/znshine-solar-panels/)

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


---

Source: https://comparepv.com/hyundai-vs-znshine

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

