South Korea’s Hyundai Industries which is known more for its ship building and heavy engineering is also making a big push into the Green Energy Space. Like its South Korean peers, Hyundai is also preferring to enter this space through Solar Energy. Hyundai has already established a 600 MW Solar Cell and Solar Panel Factory making it the largest South Korean manufacturer. Hyundai had earlier bought solar cell equipment from Germany’s Centrotherm as far back as 2008 and had entered a long term contract with LDK Solar for buying solar wafers as raw material for its cell lines. Note Hyundai Heavy has also heavily invested in the Wind Turbine Industry. Hyundai Heavy has started producing 2.5 MW Turbines from a 500 MW Plant in Geoje Island in South Korea. Hyundai Heavy is amongst the many South Korean Chaebols making a big push into Solar Energy like LG and Hanwha. Hyundai Heavy is planning production throughout the silicon solar supply chain. Its sister company KCC has started a 6000 ton polysilicon plant in South Korea. It is in negotiations with the Hungarian Government to set up a manufacturing base in that country to serve the European markets. It is also targeting the US market with partnerships with companies like Raser Technology and Matinee Energy. It is also planning to set up a 240 MW solar power plant in partnership with Matinee Energy and LG.
Hyundai sells Solar Panels under the following Series of Panels which differ in the number of solar cells being used.
1) SF-Series of Solar Panels
2) MF-Series of Solar Panels The MF Series of Solar Panels come in the 203-225 Watts Power Rating and come in both multi and monocrystalline versions. These Solar Panels have 54 Solar Cells and use 6 inch mono and multi cells. The Efficiency of these Solar Panels varies from 14-15.5% which is just about average for normal silicon solar panels and low for monocrystalline silicon solar panels.
Buy Hyundai Polycrystalline Solar Panels here.
3) MG-Series of Solar Panels The MG Series of Solar Panels come in the 228-250 Watts Power Rating and come in both multi and monocrystalline versions. These Solar Panels have 60 Solar Cells and use 6 inch mono and multi cells. The Efficiency of these Solar Panels varies from 14-15.5% which is just about average for normal silicon solar panels and low for monocrystalline silicon solar panels.
Buy Hyundai Monocrystalline Solar Panels here.
4) MI-Series of Solar Panels
Hyundai Sells Solar Inverters as well. It ranges between 100 kw to 1 MW Solar Inverters and come in both 1 phase and 3 phases. Hyundair Solar Panel Prices Hyundai Solar Panels are not widely available and they don’t have a big difference from other solar panel brands. They seem priced high, at $2.5/watt in some places though I think in bulk orders you can get solar panels at much lower prices given that you can buy the cheapest solar panel from China at only $1/watt and even quality Japanese and European solar panels for $1.8-2/watt.
Hyundai Solar Panel Dimensions, Certifications and Warranty – Hyundai Gives a Standard Product Warranty of 5 years and Performance Warranty of 25 years which is the standard warranty given by most solar panel manufacturers in the industry. The dimensions of the Hyudai Solar Panels are 983 mm(W) × 1476 mm(L) × 35 mm(H) for the MF Series and 983 mm(W) × 1645 mm(L) × 35 mm(H) for the MG Series of Solar Panels.
Certifications.
Hyundai mostly sells Solar Panels in the above 200 Watt range with 250 Watt Solar Panels being the popular make. Hyundai’s HiS-S250MG monocrystalline solar panels with 19 kgs weight and aluminium frame is the most popular panel. While Hyundai sells solar panels everywhere they are currently being pushed in Australia and UK.
Hyundai Solar Panels Comparison
You can see the Solar Panel Review on other major brands of solar panels below. You can also see a review of the Chinese solar panel manufacturers.
Solar Panels Review of Major Brands
There are many Chinese Solar Panel Manufacturers as the costs of setting up a Solar Panel Plant is quite low at around $5 million for a basic solar module line. However there are only a few big Solar Panel Companies which have capacities running into hundreds of Megawatts per year. There are also a number of big State Owned (SOE) Chinese conglomerates that are entering the Solar Panel Industry. Here is a list of the Best Chinese manufacturers of Solar Panels:
1 Comment
Very insightful article. Very helpful in learning about the solar module options available on the market. Thank you