---
title: "LS Solar vs Q-Cells - Brand Comparison | ComparePV"
description: "Compare LS Solar vs Q-Cells solar panels: full portfolio, efficiency, cell technology breakdown, warranty terms and company background."
source: "https://comparepv.com/ls-solar-vs-q-cells"
---

# LS Solar vs Q-Cells

Q-Cells has the broader catalog (89 vs 2 models). Q-Cells leads on peak efficiency at 23.20%. Q-Cells leans bifacial (39% of lineup).


## The two companies


| Attribute | LS Solar | Q-Cells |
| --- | --- | --- |
| Country |  | South Korea |
| Headquarters |  | Seoul |
| Founded |  | 1999 |
| Employees |  | 2000+ |
| Annual capacity |  | 11.2 GW/year |
| Tier 1 | no | yes |
| Listed |  | NASDAQ: HQCL |
| Website |  | [https://www.qcells.com](https://www.qcells.com) |

Qcells is a renowned global provider of complete energy solutions, specializing in solar cells and modules, energy storage solutions, downstream project business, and energy retail. The company has a strong heritage dating back to its foundation in Germany and has become a leader in technology innovations. As an...


## Catalog & Power


| Measure | LS Solar | Q-Cells | Margin |
| --- | --- | --- | --- |
| Panel Models | 2 | 89 | +87 |
| Max Power | 400 W | 675 W | +275 W |
| Avg Power | 400 W | 468 W | +68 W |


## Efficiency


| Measure | LS Solar | Q-Cells | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 20.46% | 23.20% | +2.74 pp |
| Avg Efficiency | 20.46% | 21.21% | +0.75 pp |


## Reliability & Warranty


| Measure | LS Solar | Q-Cells | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.370%/°C | -0.325%/°C | +0.045 |
| Bifacial Share | 0 (0%) | 35 (39%) | +39 pp |
| Avg Warranty | - | 27.0 yrs |  |


## Efficiency distribution

Q-Cells skews to higher efficiency: 2% of lineup is 23%+


| Efficiency band | LS Solar | Q-Cells |
| --- | --- | --- |
| 20-21% | 1 (50.0%) | 29 (32.6%) |
| Unknown | 1 (50.0%) | 0 |
| \<20% | 0 | 7 (7.9%) |
| 21-22% | 0 | 30 (33.7%) |
| 22-23% | 0 | 21 (23.6%) |
| 23%+ | 0 | 2 (2.2%) |


## Power distribution

Q-Cells offers more 600W+ panels (19% of lineup)


| Power band | LS Solar | Q-Cells |
| --- | --- | --- |
| 400-499W | 2 (100.0%) | 41 (46.1%) |
| \<400W | 0 | 20 (22.5%) |
| 500-599W | 0 | 11 (12.4%) |
| 600-699W | 0 | 17 (19.1%) |


## Cell technology

Dominant cell tech: **PERC** (43%)


| Technology | LS Solar | Q-Cells |
| --- | --- | --- |
| Unknown | 2 (100.0%) | 20 (22.5%) |
| PERC | 0 | 38 (42.7%) |
| N-type | 0 | 23 (25.8%) |
| TOPCon | 0 | 8 (9.0%) |


## Top panels, LS Solar


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [STC 01](https://comparepv.com/panel/ls-solar-stc-01) | 400 | 20.5 | -0.370 | Monocrystalline |
| 2 | [400 W](https://comparepv.com/panel/ls-solar-400-w) | 400 | - | -0.370 | Monocrystalline |


## Top panels, Q-Cells


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [Q.PEAK DUO ML-G12S.3 / BFG 675](https://comparepv.com/panel/q-cells-q-peak-duo-ml-g12s-3-bfg-675) | 675 | 21.7 | -0.340 | Monocrystalline |
| 2 | [Q.PEAK DUO ML-G12S.3 / BFG 670](https://comparepv.com/panel/q-cells-q-peak-duo-ml-g12s-3-bfg-670) | 670 | 21.6 | -0.340 | Monocrystalline |
| 3 | [Q.PEAK DUO ML-G12S.3 / BFG 665](https://comparepv.com/panel/q-cells-q-peak-duo-ml-g12s-3-bfg-665) | 665 | 21.4 | -0.340 | Monocrystalline |
| 4 | [Q.PEAK DUO ML-G12S.3 / BFG 660](https://comparepv.com/panel/q-cells-q-peak-duo-ml-g12s-3-bfg-660) | 660 | 21.2 | -0.340 | Monocrystalline |
| 5 | [Q.PEAK DUO ML-G12S.3 / BFG 655](https://comparepv.com/panel/q-cells-q-peak-duo-ml-g12s-3-bfg-655) | 655 | 21.1 | -0.340 | Monocrystalline |
| 6 | [Q.PEAK DUO ML-G12S.3 / BFG 650](https://comparepv.com/panel/q-cells-q-peak-duo-ml-g12s-3-bfg-650) | 650 | 20.9 | -0.340 | Monocrystalline |
| 7 | [Q.TRON XL-G2.3 / BFG 645](https://comparepv.com/panel/q-cells-q-tron-xl-g2-3-bfg-645) | 645 | 23.1 | -0.290 | Monocrystalline |
| 8 | [Q.TRON XL-G2.3 / BFG 640](https://comparepv.com/panel/q-cells-q-tron-xl-g2-3-bfg-640) | 640 | 22.9 | -0.290 | Monocrystalline |
| 9 | [Q.TRON XL-G2.3 / BFG 635](https://comparepv.com/panel/hanwha-q-cells-america-inc-q-tron-xl-g2-3-bfg-635) | 635 | 22.7 | -0.300 | Monocrystalline |
| 10 | [Q.TRON XL-G2.3 / BFG 630](https://comparepv.com/panel/hanwha-q-cells-america-inc-q-tron-xl-g2-3-bfg-630) | 630 | 22.6 | -0.300 | Monocrystalline |


## Summary

LS Solar is a smaller manufacturer that appears to operate primarily as a trading and distribution entity in Europe, with its module factory located in the Saysettha Development Zone in Vientiane, Laos, where it has reported an initial production capacity of around 500 MW. The company is listed in industry databases such as ENF Solar but does not appear on BloombergNEF Tier 1 or S&P Global Tier 1 cleantech lists based on available public sources. Q-Cells, by contrast, began as a German R&D firm in 1999, was acquired by South Korea's Hanwha Group, and now operates as Hanwha Qcells - one of the most documented and institutionally recognized panel brands globally. Hanwha Qcells has confirmed BloombergNEF Top Tier bankability and was named an S&P Global 2025 Tier 1 cleantech company, with a combined global module production capacity of over 12 GW and projected 2025 shipments exceeding 9 GW. On institutional footprint and bankability, Q-Cells is in a different league from LS Solar.

In terms of product positioning, LS Solar is typically associated with entry-level and budget-tier crystalline modules in the 100W-400W range, suited to cost-driven commercial or off-grid applications where bankability is a lower priority. Q-Cells, on the other hand, targets premium residential rooftops and mid-scale commercial projects through its Q.TRON and Q.PEAK DUO families. Its Q.ANTUM NEO platform uses N-type TOPCon architecture and has been independently verified at efficiencies up to 23.7%, backed by 25-year product warranties that include labor replacement costs - well above the typical industry baseline.

For most buyers in 2025, Q-Cells is the stronger default choice: it offers confirmed Tier 1 bankability, a mature warranty infrastructure, US-based manufacturing in Dalton, Georgia, and a broadly reviewed track record. LS Solar may be worth considering only in highly price-sensitive scenarios where third-party financing is not required and long-term warranty claims are not a concern.

\---LINKS---

\- https://www.solarreviews.com/blog/hanwha-q-cells-solar-panels-complete-review \| Expert Review of Qcells Solar Panels for 2025 - SolarReviews \| review

\- https://www.energysage.com/solar/best-solar-panels-complete-ranking/q-cells-solar-panels-complete-review/ \| Q CELLS Solar Panels Complete Review - EnergySage \| review

\- https://www.pv-magazine.com/press-releases/q-cells-achieves-top-tier-class-bankability-score-in-latest-bloombergnef-report/ \| Q Cells achieves Top Tier bankability score in BloombergNEF report \| article

\- https://www.hanwha.com/newsroom/news/press-releases/hanwha-qcells-named-an-s-p-global-2025-tier-1-cleantech-company.do \| Hanwha Qcells named S&P Global 2025 Tier 1 cleantech company \| article

\- https://www.enfsolar.com/ls-solar \| LS Solar Profit GmbH - ENF Solar industry directory listing \| article

Sources:

\- \[Expert Review Of Qcells Solar Panels For 2025 - SolarReviews\](https://www.solarreviews.com/blog/hanwha-q-cells-solar-panels-complete-review)

\- \[Q CELLS Solar Panels Complete Review - EnergySage\](https://www.energysage.com/solar/best-solar-panels-complete-ranking/q-cells-solar-panels-complete-review/)

\- \[Q Cells achieves Top Tier bankability score - pv magazine\](https://www.pv-magazine.com/press-releases/q-cells-achieves-top-tier-class-bankability-score-in-latest-bloombergnef-report/)

\- \[Hanwha Qcells named S&P Global 2025 Tier 1 Cleantech Company\](https://www.hanwha.com/newsroom/news/press-releases/hanwha-qcells-named-an-s-p-global-2025-tier-1-cleantech-company.do)

\- \[LS Solar Profit GmbH - ENF Solar\](https://www.enfsolar.com/ls-solar)

Written by claude-sonnet from the figures above.


## Other comparisons

- [LS Solar vs A.B. Energy](https://comparepv.com/ls-solar-vs-a-b-energy)
- [AE Solar vs Q-Cells](https://comparepv.com/ae-solar-vs-q-cells)
- [LS Solar vs AEET](https://comparepv.com/ls-solar-vs-aeet)
- [AIKO vs Q-Cells](https://comparepv.com/aiko-vs-q-cells)
- [LS Solar vs AKCOME](https://comparepv.com/ls-solar-vs-akcome)
- [ARTsolar vs Q-Cells](https://comparepv.com/artsolar-vs-q-cells)


---

Source: https://comparepv.com/ls-solar-vs-q-cells

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