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Horay Solar HS540TC-MHA

540 Wp N-type
ComparePV verdict

Light for its output, no clear weak spot

Rank 5,931 of 14,129
Compare panels Datasheet PDF
Power (Wp)
540
Strong · top 8%
Efficiency (%)
22.30
Typical · median 22.55%
Density (Wp/m²)
222.5
Typical · median 225.3
Temp (%/°C)
-0.280
Strong · top 23%
Weight (kg)
24.5
Strong · 1.7 kg below median
Warranty (yrs)
30
Typical · median 30 yrs

The Alpine HS 186R-132 TC module series defines a new standard of efficiency thanks to the use of advanced N-Type TOPCon cell technology. The use of innovative, rectangular 186R-type cells allows for maximum utilization of the module surface area, which translates into higher energy yields per square meter compared to traditional solutions. A key advantage of this series is its exceptional resistance to LID and LeTID degradation, which guarantees stable power and longevity of the installation even after many years of operation. Thanks to a low temperature coefficient, these panels work more efficiently on hot days, solving the problem of performance drops during summer peak sunlight. The bifacial double glass construction makes the modules an ideal choice for demanding investors building ground-mounted systems and commercial rooftop installations, where mechanical strength and additional gain from reflected radiation are crucial. What sets them apart from the competition is the precise design refinement that minimizes the risk of micro-cracks and ensures maximum efficiency in low light, for example on cloudy days or at dawn. This solution is dedicated to those seeking uncompromising quality and the fastest return on investment in the Polish climate.

Ranking

142 panels in the segment N-type 500-550 W
Metric This panel Median Position in segment Overall rank
Module efficiency 22.30% 22.55% Typical 5,161
Power density 222.5 225.3 Typical 5,726
Temperature coefficient -0.280 -0.290 Strong · top 23% 1,347
Weight per kWp 45.4 50.0 Strong · top 15% 705
Performance warranty 30 yrs 30 yrs Typical 21
Colour key Strong - top 25% Typical - middle 50% Weak - bottom 25%

Signals from the data

7 positive · 3 caution
Best for

Commercial, utility-scale, hot-climate and shaded-installations.

Strengths
45.4 kg per kWp

Top 15% of the N-type 500-550 W segment, against a median of 50.0.

-0.280 %/°C temperature coefficient

Top 23% of the N-type 500-550 W segment, against a median of -0.290.

What owners get
Efficiency 22.3-23.1% - segment leader

The series achieves module efficiency up to 23.1%, while all three peer comparables (Exiom, Fellow Energy, Premier Energies) top out at 21.67-21.7%. The 0.6-1.4 pp advantage translates directly into higher energy yield per square meter - for a 10 kWp rooftop system under Polish irradiation conditions, the gain can amount to 300-700 kWh/year over comparable PERC-based peers.

N-type TOPCon: lower Pmax temp. coeff.

N-type TOPCon cells typically exhibit a Pmax temperature coefficient of approximately -0.30%/°C, versus -0.35 to -0.38%/°C for the PERC technology used in peer comparables (e.g., Premier Energies PERC). On a hot summer day with cell temperature at 65°C, power loss is roughly 1.75 pp lower than an equivalent PERC module - a meaningful advantage during peak Polish summer irradiation (June-August).

LID and LeTID resistance

N-type cells are inherently immune to light-induced degradation (LID) and light- and elevated temperature-induced degradation (LeTID), which are the primary sources of permanent power loss in P-type PERC modules during the first 1-2 years of operation. Absence of LID means the panel delivers its full nameplate power from day one and follows the power warranty curve more closely throughout its lifetime.

BNEF Tier 1 (confirmed Q1 2026)

Horay Solar has been listed on the Bloomberg NEF Tier 1 PV Module Manufacturer ranking since Q1 2025, with bankability reconfirmed for Q1 2026. Tier 1 status means the modules satisfy the due-diligence requirements of financial institutions for project-finance deals and can be insured by major brokers - a prerequisite for many commercial and utility-scale PV projects.

30-year linear power warranty

The manufacturer provides a 30-year performance warranty - five years longer than the standard 25-year terms offered by all three peer comparables (Exiom, Fellow Energy, Premier Energies). For commercial systems above 500 kWp, the extended guaranteed power curve materially lowers LCOE in a discounted cash flow model.

Trade-offs
Discontinued series

The Alpine HS 186R-132 TC series is flagged as discontinued. This creates risk of unavailability of matching replacement modules after individual panel failures (critical for string-level power maintenance), potential difficulty in fulfilling product warranty claims, and the likelihood that the manufacturer will not maintain a full service infrastructure for this cell generation over a 20-30 year system lifetime.

12-year product warranty

The 12-year workmanship and materials warranty falls below the current premium-segment standard: REC offers 20 years, Qcells 25 years, and many mid-tier Tier-1 manufacturers transitioned to 15-year product warranties in 2024-2025. Combined with the discontinued status, the effective protection horizon is further limited to whatever support window the manufacturer maintains post-EOL.

Monofacial design

The module is non-bifacial (is_bifacial: false), whereas the direct peer Premier Energies 144 HALF CUT PERC CELL BIFACIAL DUAL GLASS offers bifacial yield at a comparable 560 Wp nameplate power. In ground-mount systems with light-colored albedo surfaces (sand, concrete, snow), bifacial gain typically ranges from 5-15% additional generation, which can partially or fully offset this series' efficiency advantage over that specific peer.

Notes from the database
  • Efficiency of 22.3% matches the N-type 500-550W median
  • Power density of 222.5 W/m² matches the N-type 500-550W median
  • Temperature coefficient of -0.28%/°C matches the N-type 500-550W median
  • Weight of 24.5 kg (1.7 kg below N-type 500-550W median of 26.2 kg) allows easier transport and roof mounting
  • #5161 for efficiency, #1347 for temperature performance out of 14129 panels

Specifications

Open datasheet PDF
Nominal power (Pmax) 540 Wp Nameplate at 1000 W/m², 25 °C
Module efficiency 22.30 % Typical Segment median 22.55%
Vmpp · Impp 39.79 V · 13.57 A Operating point at max power
Voc · Isc 47.68 V · 14.34 A Sizes the string length
Max system voltage 1500 V Longer strings than 1000 V modules
Dimensions 2140×1134×30 mm · 2.43 m² of roof
Weight 24.5 kg Strong Strong · 1.7 kg below median
Cells 132 · N-type Monocrystalline
Coefficient Pmax -0.280 %/°C Strong top 23% of its segment
Coefficient Voc · Isc -0.230 · 0.040 %/°C
NOCT 45 °C At 800 W/m², 20 °C ambient
Product warranty 12 years Hardware defects only
Performance warranty 30 years Typical median 30 yrs · median 30 yrs
End-of-warranty output 87.4 % Equals 472 W guaranteed
Degradation 1.00 → 0.40 % First year, then annual

Datasheet charts

Open datasheet PDF

Measured curves published by Horay Solar in this model's datasheet. A chart carrying a wattage was measured on that variant alone - only the ones that describe 540 Wp appear here. The rest cover the whole series.

Simulations

Live - change any input
Lifetime output & value
30 years at 1200 kWh/kWp/year and €0.50 per kWh
Power in year 30
-
Lifetime energy
-
Energy value
-

Degradation from this panel's own datasheet figures. No inverter, soiling or shading losses.

Heat losses
-0.280 %/°C against a segment median of -0.290
-

Alternatives

All Horay Solar panels
Filter these
Size
Panel Power Eff. Temp. Weight Difference
Horay Solar HS540TC-MHA 540 W 22.30% -0.280 24.5 kg You are here
LR7-54HJD-510M 510 W 25.00% -0.240 23.5 kg -30 W, cooler, +2.7 pp
AIKO-A495-MCE54Mw 495 W 24.80% -0.260 21.0 kg -45 W, lighter, +2.5 pp
LR7-60HVH-560M 560 W 24.80% -0.260 25.0 kg +20 W, cooler, +2.5 pp
LR7-54HJD-505M 505 W 24.70% -0.240 23.5 kg -35 W, cooler, +2.4 pp
WST-505BKX54-A2 505 W 24.70% -0.260 25.0 kg -35 W, cooler, +2.4 pp
LR7-60HVH-555M 555 W 24.60% -0.260 25.0 kg +15 W, cooler, +2.3 pp
AIKO-A490-MCE54Mw 490 W 24.50% -0.260 21.0 kg -50 W, lighter, +2.2 pp
HS545TC-MHA-D 545 W 22.50% -0.280 29.5 kg Heavier
HS550TC-MHA-D 550 W 22.70% -0.280 29.5 kg +10 W, heavier, +0.4 pp
HS555TC-MHA-D 555 W 22.90% -0.280 29.5 kg +15 W, heavier, +0.6 pp
HS560TC-MHA-D 560 W 23.10% -0.280 29.5 kg +20 W, heavier, +0.8 pp
GKA120N-PRO-590W 590 W 23.82% -0.300 26.7 kg +50 W, heavier, +1.5 pp
GKA120N-PRO-585W 585 W 23.62% -0.300 26.7 kg +45 W, heavier, +1.3 pp
BGO 580 580 W 23.50% -0.290 26.0 kg +40 W, heavier, +1.2 pp
GKA120N-PRO-580W 580 W 23.42% -0.300 26.7 kg +40 W, heavier, +1.1 pp

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About the Alpine HS 186R-132 TC series

6 answered

These answers cover the whole series. Where a figure differs, the specification above is this module's own.

Is the Horay Solar Alpine HS 186R-132 TC series still available for purchase?
The Alpine HS 186R-132 TC series has been officially discontinued and is no longer in active production. Availability at distributors may be limited to the last remaining warehouse stock. Before purchasing, confirm current inventory with your supplier and consider alternative N-Type TOPCon modules from Horay Solar's current lineup or another Tier 1 manufacturer.
What is the maximum power output of the Horay Solar Alpine HS 186R-132 TC and what drives it?
The module reaches a peak power output of up to 560 Wp. This is driven by 132 rectangular N-Type TOPCon cells in the 186R format, which allow denser packing of the active surface area compared to standard square cells. The result is higher energy yield per square meter and more favorable string voltage and current characteristics for MPPT inverter pairing.
What warranty does the Alpine HS 186R-132 TC come with and what does it cover?
Horay Solar provides a 12-year product warranty covering material and manufacturing defects, along with a 30-year linear power output warranty. The power warranty guarantees that the module retains a defined percentage of its nominal output over three decades of operation. This is the standard for Tier 1 modules and a key factor when calculating the LCOE of a project.
How does the N-Type TOPCon technology in the Alpine HS 186R-132 TC perform in climates with frequent overcast conditions?
N-Type TOPCon cells deliver strong performance under diffuse, low-irradiance conditions, which is critical in northern and central European climates. A low temperature coefficient minimizes power loss on hot days, and outstanding resistance to LID and LeTID degradation ensures stable output throughout the warranty period. In practice, this translates to higher annual energy yield compared to older P-Type PERC modules.
What types of installations are the Horay Solar Alpine HS 186R-132 TC modules best suited for?
Thanks to their double glass construction and high mechanical strength, the Alpine HS 186R-132 TC series is particularly well suited for ground-mounted systems and large-scale commercial rooftop installations. The reinforced enclosure protects cells against moisture ingress, snow loads, and wind stress. The 30-year power warranty and Tier 1 manufacturer status make it a compelling choice for commercial and industrial investors where reliability and ROI are the primary criteria.
What does the 186R-132 TC designation in the Horay Solar Alpine series name mean?
The 186R designation refers to the rectangular cell format with a 186 mm dimension, 132 is the total cell count per module, and TC stands for TOPCon, the N-Type cell technology used. The rectangular 186R cell shape enables better utilization of the module glass surface compared to square cells, directly contributing to higher wattage within the same frame dimensions.
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