---
title: "Adani Solar vs Emmvee - Brand Comparison | ComparePV"
description: "Compare Adani Solar vs Emmvee solar panels: full portfolio, efficiency, cell technology breakdown, warranty terms and company background."
source: "https://comparepv.com/adani-solar-vs-emmvee"
---

# Adani Solar vs Emmvee

Emmvee has the broader catalog (166 vs 48 models). Adani Solar leads on peak efficiency at 23.71%. Adani Solar leans bifacial (75% of lineup).


## The two companies


| Attribute | Adani Solar | Emmvee |
| --- | --- | --- |
| Country | India | India |
| Headquarters | Ahmedabad | Bengaluru |
| Founded | 2015 | 1992 |
| Employees | 3500+ |  |
| Annual capacity | 4 GW/year |  |
| Tier 1 | yes | no |
| Listed | NSE: ADANIGREEN |  |
| Website | [https://www.adanisolar.com/](https://www.adanisolar.com/) | [https://www.emmveephotovoltaic.com](https://www.emmveephotovoltaic.com) |

Adani Solar is a fully integrated, high-efficiency solar panel manufacturer and is part of the Adani Group. They are building a comprehensive solar manufacturing ecosystem, producing everything from metallurgical grade silicon to solar modules. The company is committed to advancing India's renewable energy...


## Catalog & Power


| Measure | Adani Solar | Emmvee | Margin |
| --- | --- | --- | --- |
| Panel Models | 48 | 166 | +118 |
| Max Power | 650 W | 720 W | +70 W |
| Avg Power | 539 W | 526 W | +13 W |


## Efficiency


| Measure | Adani Solar | Emmvee | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 23.71% | 23.51% | +0.20 pp |
| Avg Efficiency | 20.67% | 21.69% | +1.02 pp |


## Reliability & Warranty


| Measure | Adani Solar | Emmvee | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.345%/°C | -0.311%/°C | +0.034 |
| Bifacial Share | 36 (75%) | 91 (55%) | +20 pp |
| Avg Warranty | 29.3 yrs | 27.0 yrs | +2.3 yr |


## Efficiency distribution

Emmvee skews to higher efficiency: 10% of lineup is 23%+


| Efficiency band | Adani Solar | Emmvee |
| --- | --- | --- |
| \<20% | 10 (20.8%) | 1 (0.6%) |
| 20-21% | 18 (37.5%) | 48 (28.9%) |
| 21-22% | 9 (18.8%) | 47 (28.3%) |
| 22-23% | 7 (14.6%) | 54 (32.5%) |
| 23%+ | 4 (8.3%) | 16 (9.6%) |


## Power distribution

Adani Solar offers more 600W+ panels (38% of lineup)


| Power band | Adani Solar | Emmvee |
| --- | --- | --- |
| \<400W | 10 (20.8%) | 6 (3.6%) |
| 500-599W | 20 (41.7%) | 72 (43.4%) |
| 600-699W | 18 (37.5%) | 16 (9.6%) |
| 400-499W | 0 | 62 (37.3%) |
| 700W+ | 0 | 10 (6.0%) |


## Cell technology

Dominant cell tech: **PERC** (54%)

Dominant cell tech: **TOPCon** (61%)


| Technology | Adani Solar | Emmvee |
| --- | --- | --- |
| PERC | 26 (54.2%) | 63 (38.0%) |
| TOPCon | 14 (29.2%) | 102 (61.4%) |
| N-type | 8 (16.7%) | 1 (0.6%) |


## Top panels, Adani Solar


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [ASM-M12-132-650](https://comparepv.com/panel/adani-solar-asm-m12-132-650) | 650 | 20.9 | -0.340 | Monocrystalline |
| 2 | [ASB-M12-132-650](https://comparepv.com/panel/adani-solar-asb-m12-132-650) | 650 | 20.9 | -0.350 | Monocrystalline |
| 3 | [ASM-M12-132-645](https://comparepv.com/panel/adani-solar-asm-m12-132-645) | 645 | 20.7 | -0.340 | Monocrystalline |
| 4 | [ASB-M12-132-645](https://comparepv.com/panel/adani-solar-asb-m12-132-645) | 645 | 20.7 | -0.350 | Monocrystalline |
| 5 | [ASM-M12-132-640](https://comparepv.com/panel/adani-solar-asm-m12-132-640) | 640 | 20.6 | -0.340 | Monocrystalline |
| 6 | [ASB-M12-132-640](https://comparepv.com/panel/adani-solar-asb-m12-132-640) | 640 | 20.6 | -0.350 | Monocrystalline |
| 7 | [AB-G12R-132-640](https://comparepv.com/panel/adani-solar-ab-g12r-132-640) | 640 | 23.7 | -0.280 | Monocrystalline |
| 8 | [ASM-M12-132-635](https://comparepv.com/panel/adani-solar-asm-m12-132-635) | 635 | 20.4 | -0.340 | Monocrystalline |
| 9 | [ASB-M12-132-635](https://comparepv.com/panel/adani-solar-asb-m12-132-635) | 635 | 20.4 | -0.350 | Monocrystalline |
| 10 | [AB-G12R-132-635](https://comparepv.com/panel/adani-solar-ab-g12r-132-635) | 635 | 23.5 | -0.280 | Monocrystalline |


## Top panels, Emmvee


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [E720HCBG 132-T](https://comparepv.com/panel/emmvee-e720hcbg-132-t) | 720 | 23.2 | -0.290 | Monocrystalline |
| 2 | [E720HCBG132-T](https://comparepv.com/panel/emmvee-e720hcbg132-t) | 720 | 23.2 | -0.290 | Monocrystalline |
| 3 | [E715HCBG 132-T](https://comparepv.com/panel/emmvee-e715hcbg-132-t) | 715 | 23.0 | -0.290 | Monocrystalline |
| 4 | [E715HCBG132-T](https://comparepv.com/panel/emmvee-e715hcbg132-t) | 715 | 23.0 | -0.290 | Monocrystalline |
| 5 | [E710HCBG 132-T](https://comparepv.com/panel/emmvee-e710hcbg-132-t) | 710 | 22.9 | -0.290 | Monocrystalline |
| 6 | [E710HCBG132-T](https://comparepv.com/panel/emmvee-e710hcbg132-t) | 710 | 22.9 | -0.290 | Monocrystalline |
| 7 | [E705HCBG 132-T](https://comparepv.com/panel/emmvee-e705hcbg-132-t) | 705 | 22.7 | -0.290 | Monocrystalline |
| 8 | [E705HCBG132-T](https://comparepv.com/panel/emmvee-e705hcbg132-t) | 705 | 22.7 | -0.290 | Monocrystalline |
| 9 | [E700HCBG 132-T](https://comparepv.com/panel/emmvee-e700hcbg-132-t) | 700 | 22.5 | -0.290 | Monocrystalline |
| 10 | [E700HCBG132-T](https://comparepv.com/panel/emmvee-e700hcbg132-t) | 700 | 22.5 | -0.290 | Monocrystalline |


## Summary

Adani Solar is an Indian manufacturer, part of the Adani Group conglomerate, and has scaled rapidly to become one of the country's largest integrated solar producers, with cell and module capacity of around 4 GW as of 2024 and a stated target of reaching roughly 10 GW of integrated cell and module output by mid-2026. It has been recognized as a globally competitive Tier 1 manufacturer under BloombergNEF's bankability list and is vertically integrated from polysilicon and wafer through to finished modules, giving it tighter cost and quality control. Emmvee, also headquartered in India (Bengaluru), is a longer-established player in the Indian solar industry that has expanded aggressively in 2025, moving from roughly 6.6 GW to over 10 GW of module capacity and around 2.9 to 3 GW of cell capacity, and it holds distinction as the only Indian manufacturer to pass all seven categories of the Kiwa PVEL 2024 Reliability Scorecard, a strong bankability signal. On raw institutional footprint and brand recognition tied to a large industrial group, Adani currently has the edge, though Emmvee's reliability testing credentials and rapid capacity growth are narrowing that gap.

Adani Solar's product range centers on monocrystalline PERC and bifacial BiMAX modules in the 540-550W class, commonly deployed in both residential rooftop programs such as PM Surya Ghar and in large utility-scale ground-mount projects, with particularly strong distribution in western Indian states like Gujarat, Rajasthan, and Maharashtra. Emmvee's lineup spans Mono PERC, N-type TOPCon, and bifacial modules, with newer TOPCon bifacial products quoted at over 23 percent conversion efficiency; the company has a traditionally strong base in southern India and serves both commercial rooftop and utility segments, positioning itself as a technology-forward but value-oriented alternative. Both brands are ALMM-listed, making them eligible for India's subsidized residential solar schemes.

For a typical Indian buyer in 2025, the two brands are largely comparable and interchangeable choices among domestic Tier 1 options; Adani may appeal more to large commercial or utility buyers valuing scale and vertical integration, while Emmvee's PVEL reliability scorecard results and rapid TOPCon rollout make it an attractive pick for buyers prioritizing documented long-term reliability and newer cell technology.

\---LINKS---

\- https://www.pv-magazine.com/2024/10/04/adani-to-hit-10-gw-of-solar-cell-module-manufacturing-capacity-by-mid-2026/ \| Adani to hit 10 GW of solar cell, module capacity by mid-2026 \| article

\- https://www.pv-magazine.com/2025/04/17/emmvee-expands-solar-module-capacity-to-6-6-gw/ \| Emmvee expands solar module capacity to 6.6 GW \| article

\- https://www.pv-tech.org/emmvee-expands-manufacturing-footprint-2-5gw-module-line/ \| Emmvee expands manufacturing footprint with 2.5GW module line \| article

\- https://www.saurenergy.com/solar-energy-news/emmvee-arm-commissions-sixth-25-gw-solar-module-line-in-bengaluru-lifts-capacity-to-103-gw-10930160 \| Emmvee commissions sixth module line, lifts capacity to 10.3 GW \| article

\- https://en.wikipedia.org/wiki/Emmvee\_Group \| Emmvee Group overview and PVEL reliability scorecard citation \| article

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


## Other comparisons

- [Adani Solar vs A.B. Energy](https://comparepv.com/adani-solar-vs-a-b-energy)
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- [AIKO vs Emmvee](https://comparepv.com/aiko-vs-emmvee)
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- [ARTsolar vs Emmvee](https://comparepv.com/artsolar-vs-emmvee)


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Source: https://comparepv.com/adani-solar-vs-emmvee

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