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Good alternativeS-Energy Co., Ltd. (KOSDAQ: 095910) is a Korea-based, leading global manufacturer of high quality photovoltaic (PV) solar modules. The founding members formed in 1992 as the Solar Division within Samsung Electronics and the company was eventually spun-out in 2001 as an independent company. Over 25 years of continuous development S-Energy is one of Korea's oldest and leading solar energy companies.
As a publicly traded company on the Korean KOSDAQ exchange, S-Energy has established itself as a financially stable manufacturer delivering reliable solar solutions to customers across Asia, North America, and South America. S-Energy's manufacturing facility is located in Daejeon, South Korea, and can produce up to 500 MW of solar modules per year.
Started in 1994 as the solar business of SAMSUNG ELECTRONIC, in 2001 S-Energy separated from SAMSUNG and began its groundbreaking development. This heritage of Samsung's engineering excellence continues to drive S-Energy's commitment to quality manufacturing and technological innovation.
The company operates from a state-of-the-art facility in Daejeon, South Korea, where rigorous quality control processes ensure consistent performance across all product lines. Besides manufacturing solar panels, S-Energy is also the leading EPC, O&M, and solar system rental company in Korea and has been successful with many projects in Korea.
S-Energy maintains its position as a Tier 1 solar manufacturer according to Bloomberg New Energy Finance criteria, demonstrating financial stability, manufacturing scale, and proven track record in the global solar market. This recognition provides confidence for both residential and commercial solar installations.
S-Energy's best current home solar panel offerings are the SN60 line, which use a half-cut monocrystalline silicon cell type. This technology leads to increased energy production by reducing hot spots that can occur in larger cells.
Depending on the efficiency of the cells inside, SN60 solar panels can generate between 325 and 340 watts under Standard Test Conditions (STC). S-Energy also makes an all-black version of the SN60 that can produce between 315 and 330 watts per panel, and a version that uses polycrystalline solar cells.
The company also makes a line of bifacial solar panels that can generate extra energy from their back side and are more suitable for commercial and industrial installations. S-Energy has also dabbled in building-integrated photovoltaics (BIPV), which can be used on walls, roofs, and balconies in the construction of large buildings.
The top module in the SN60 line is the SC20-60MAE/MCE-340M, which comes in at 20.15% efficiency and has a temperature coefficient of -.36% per degree C above 25. While this efficiency rating positions S-Energy competitively in the mid-tier market, the panels deliver reliable performance at an attractive price point.
Feature | S-Energy SN60-340M | Canadian Solar 335W | Hanwha Q.CELLS 340W | LG Solar 335W |
---|---|---|---|---|
Power Output | 340W | 335W | 340W | 335W |
Efficiency | 20.15% | 20.3% | 20.6% | 20.8% |
Temperature Coefficient | -0.36%/°C | -0.37%/°C | -0.38%/°C | -0.33%/°C |
Product Warranty | 12 Years | 12 Years | 12 Years | 25 Years |
Power Warranty | 25 Years | 25 Years | 25 Years | 25 Years |
Annual Degradation | 0.7% | 0.7% | 0.54% | 0.33% |
S-Energy offers a standard 12-year warranty for materials and workmanship, which meets the industry standard for top solar panel brands. The company also provides a 25-year power production warranty that states you can expect the panels to produce at least 97.5% of their rated power by the end of the first year and 80.7% after 25 years.
Unfortunately, that math puts the panels' average annual degradation rate at 0.7% per year, which is not up to snuff with nearly all other Tier 1 manufacturers. In general, these modules should survive just fine, and given S-Energy's reputation for aggressive pricing under most of the other panels on the market, it might be okay to go with a slightly higher annual degradation rate in the interest of saving money.
"We've installed over 200kW of S-Energy panels across multiple commercial projects. The consistent quality and competitive pricing made them our go-to choice for cost-conscious clients who still want Tier 1 reliability."
— Mike Chen, Solar Installation Manager, Pacific Solar Solutions
An S-Energy solar panel generates a little less energy per square foot of roof space, but if you have a large roof, a system built using these panels can produce all the energy you need at a much lower cost per watt than more expensive panels.
S-Energy solar panels are compatible with standard mounting systems and work seamlessly with most residential and commercial inverter brands. The company provides comprehensive technical documentation and installation guidelines to ensure optimal system performance.
For larger installations, S-Energy offers project consultation services and can connect customers with certified installation partners in their region. Their global distribution network ensures reliable product availability and support.
S-Energy offers a 12-year product warranty and 25-year power production warranty, guaranteeing 97.5% power output after year one and 80.7% after 25 years.
Yes, the SN60 series is specifically designed for residential applications, offering power outputs from 315W to 340W depending on the specific model chosen.
S-Energy is known for aggressive pricing that typically runs below most other Tier 1 manufacturers while maintaining quality standards and financial stability.
Current S-Energy panels achieve up to 20.15% efficiency in their top-performing models, positioning them competitively in the value-oriented segment.
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