---
title: "Q-Cells vs Reliance New Energy - Brand Comparison | ComparePV"
description: "Compare Q-Cells vs Reliance New Energy solar panels: full portfolio, efficiency, cell technology breakdown, warranty terms and company background."
source: "https://comparepv.com/q-cells-vs-reliance-new-energy"
---

# Q-Cells vs Reliance New Energy

Q-Cells has the broader catalog (89 vs 7 models). Q-Cells leads on peak efficiency at 23.20%. Reliance New Energy leans bifacial (100% of lineup).


## The two companies


| Attribute | Q-Cells | Reliance New Energy |
| --- | --- | --- |
| Country | South Korea | India |
| Headquarters | Seoul | Mumbai |
| Founded | 1999 | 2021 |
| Employees | 2000+ |  |
| Annual capacity | 11.2 GW/year | 10-20 GW/year |
| Tier 1 | yes | yes |
| Listed | NASDAQ: HQCL |  |
| Website | [https://www.qcells.com](https://www.qcells.com) | [https://www.ril.com/businesses/new-energy-materials](https://www.ril.com/businesses/new-energy-materials) |

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...

Reliance New Energy Limited (RNEL) is a wholly-owned subsidiary of Reliance Industries Limited, India's largest conglomerate, established to build an integrated renewable energy business. It is developing solar photovoltaic module and cell manufacturing at the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar...


## Catalog & Power


| Measure | Q-Cells | Reliance New Energy | Margin |
| --- | --- | --- | --- |
| Panel Models | 89 | 7 | +82 |
| Max Power | 675 W | 720 W | +45 W |
| Avg Power | 468 W | 705 W | +237 W |


## Efficiency


| Measure | Q-Cells | Reliance New Energy | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 23.20% | 23.10% | +0.10 pp |
| Avg Efficiency | 21.21% | 22.64% | +1.43 pp |


## Reliability & Warranty


| Measure | Q-Cells | Reliance New Energy | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.325%/°C | -0.240%/°C | +0.085 |
| Bifacial Share | 35 (39%) | 7 (100%) | +61 pp |
| Avg Warranty | 27.0 yrs | 30.0 yrs | +3.0 yr |


## Efficiency distribution

Reliance New Energy skews to higher efficiency: 29% of lineup is 23%+


| Efficiency band | Q-Cells | Reliance New Energy |
| --- | --- | --- |
| \<20% | 7 (7.9%) | 0 |
| 20-21% | 29 (32.6%) | 0 |
| 21-22% | 30 (33.7%) | 0 |
| 22-23% | 21 (23.6%) | 5 (71.4%) |
| 23%+ | 2 (2.2%) | 2 (28.6%) |


## Power distribution

Reliance New Energy offers more 600W+ panels (100% of lineup)


| Power band | Q-Cells | Reliance New Energy |
| --- | --- | --- |
| \<400W | 20 (22.5%) | 0 |
| 400-499W | 41 (46.1%) | 0 |
| 500-599W | 11 (12.4%) | 0 |
| 600-699W | 17 (19.1%) | 2 (28.6%) |
| 700W+ | 0 | 5 (71.4%) |


## Cell technology

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

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


| Technology | Q-Cells | Reliance New Energy |
| --- | --- | --- |
| PERC | 38 (42.7%) | 0 |
| N-type | 23 (25.8%) | 0 |
| Unknown | 20 (22.5%) | 0 |
| TOPCon | 8 (9.0%) | 0 |
| HJT | 0 | 7 (100.0%) |


## 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 |


## Top panels, Reliance New Energy


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [RNE720AA-66-BGG](https://comparepv.com/panel/reliance-new-energy-rne720aa-66-bgg) | 720 | 23.1 | -0.240 | Monocrystalline |
| 2 | [RNE715AA-66-BGG](https://comparepv.com/panel/reliance-new-energy-rne715aa-66-bgg) | 715 | 23.0 | -0.240 | Monocrystalline |
| 3 | [RNE710AA-66-BGG](https://comparepv.com/panel/reliance-new-energy-rne710aa-66-bgg) | 710 | 22.8 | -0.240 | Monocrystalline |
| 4 | [RNE705AA-66-BGG](https://comparepv.com/panel/reliance-new-energy-rne705aa-66-bgg) | 705 | 22.6 | -0.240 | Monocrystalline |
| 5 | [RNE700AA-66-BGG](https://comparepv.com/panel/reliance-new-energy-rne700aa-66-bgg) | 700 | 22.5 | -0.240 | Monocrystalline |
| 6 | [RNE695AA-66-BGG](https://comparepv.com/panel/reliance-new-energy-rne695aa-66-bgg) | 695 | 22.3 | -0.240 | Monocrystalline |
| 7 | [RNE690AA-66-BGG](https://comparepv.com/panel/reliance-new-energy-rne690aa-66-bgg) | 690 | 22.2 | -0.240 | Monocrystalline |


## Summary

Q-Cells is a South Korean-owned manufacturer (part of Hanwha Group) originally founded in Germany in 1999, with major production also based in the United States and Malaysia. The company is confirmed on the BloombergNEF Tier 1 bankability list and reports a global annual module production capacity of roughly 11.2 GW as of 2025. Reliance New Energy, the renewables arm of India's Reliance Industries, is a much newer entrant that only began commissioning solar manufacturing lines in 2025 at its Dhirubhai Ambani Green Energy Giga Complex in Jamnagar, starting with an initial 10 GWp capacity that the company plans to scale to 20 GWp. Given its long operating history, established Tier 1 bankability status, and multi-continent manufacturing footprint, Q-Cells currently has the stronger and more proven institutional footprint, while Reliance is still building out its track record.

Q-Cells is best known for premium residential and commercial rooftop panels, with its Q.TRON series using N-type TOPCon cell technology (Q.ANTUM NEO) achieving efficiencies up to around 23.7 percent on top-tier models, backed by industry-leading 25-year product warranties. Reliance New Energy is positioning itself around vertically integrated, large-scale manufacturing aimed at utility-scale and domestic Indian demand, with its first production lines built on heterojunction (HJT) technology licensed from REC Singapore, targeting bifacial modules with cell efficiencies reportedly exceeding 26 percent, alongside high-wattage modules up to 720W for BIS-certified deployment.

For a typical buyer in 2025, Q-Cells remains the safer default choice thanks to its long-established Tier 1 track record, proven residential product line, and mature warranty and service infrastructure, particularly for buyers in North America and Europe. Reliance New Energy is a promising but unproven entrant whose HJT technology and massive planned capacity could make it a major global force, but it currently lacks the multi-year field performance data and international bankability history that Q-Cells offers, and its initial focus appears weighted toward the Indian utility-scale market rather than broad international residential distribution.

\---LINKS---

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

\- https://www.ecowatch.com/solar/reviews/qcells-solar-panels \| QCells Solar Panels Review 2025: Cost, Efficiency & Performance \| review

\- https://www.pv-magazine-india.com/2025/07/21/reliance-to-begin-solar-cell-production-next-quarter/ \| Reliance to begin solar cell production in Q3 \| article

\- https://www.energy-storage.news/indias-reliance-industries-on-track-with-solar-pv-battery-storage-gigafactory-plans/ \| Reliance on track with solar PV, battery storage gigafactory plans \| article

\- https://www.pv-tech.org/vikram-solar-starts-work-5gw-topcon-module-manufacturing-facility-india/ \| Vikram Solar starts 5GW TOPCon module facility in India \| article

Written by claude-sonnet-5 from the figures above.


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Source: https://comparepv.com/q-cells-vs-reliance-new-energy

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