---
title: "AE Solar vs Renew Photovoltaics - Brand Comparison | ComparePV"
description: "Compare AE Solar vs Renew Photovoltaics solar panels: full portfolio, efficiency, cell technology breakdown, warranty terms and company background."
source: "https://comparepv.com/ae-solar-vs-renew-photovoltaics"
---

# AE Solar vs Renew Photovoltaics

AE Solar has the broader catalog (646 vs 14 models). AE Solar leads on peak efficiency at 24.43%. Renew Photovoltaics leans bifacial (93% of lineup).


## The two companies


| Attribute | AE Solar | Renew Photovoltaics |
| --- | --- | --- |
| Country | Germany | India |
| Headquarters | Gersthofen | Gurugram |
| Founded | 2003 | 2011 |
| Employees | 501-1000 | 4,336 |
| Annual capacity | 2+ GW/year | 6+ GW/year |
| Tier 1 | yes |  |
| Listed |  | NASDAQ: RNW, RNWWW |
| Website | [https://ae-solar.com](https://ae-solar.com) | [https://www.renew.com/](https://www.renew.com/) |

AE Solar is a German Tier 1 manufacturer of high-efficiency photovoltaic (PV) modules. The company specializes in producing durable and innovative solar panels with German engineering standards, offering solutions for residential, commercial, and utility-scale applications. AE Solar operates in over 100 countries and...

ReNew is a leading decarbonization company and one of the largest renewable energy independent power producers in India. Founded in 2011 by Sumant Sinha, the company delivers end-to-end decarbonization solutions, including wind, solar, hydropower, green hydrogen, energy storage, carbon credits and energy services...


## Catalog & Power


| Measure | AE Solar | Renew Photovoltaics | Margin |
| --- | --- | --- | --- |
| Panel Models | 646 | 14 | +632 |
| Max Power | 730 W | 640 W | +90 W |
| Avg Power | 489 W | 569 W | +80 W |


## Efficiency


| Measure | AE Solar | Renew Photovoltaics | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 24.43% | 23.69% | +0.74 pp |
| Avg Efficiency | 21.11% | 21.80% | +0.69 pp |


## Reliability & Warranty


| Measure | AE Solar | Renew Photovoltaics | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.312%/°C | -0.311%/°C | +0.000 |
| Bifacial Share | 405 (63%) | 13 (93%) | +30 pp |
| Avg Warranty | 29.7 yrs | 29.6 yrs | +0.0 yr |


## Efficiency distribution

AE Solar skews to higher efficiency: 9% of lineup is 23%+


| Efficiency band | AE Solar | Renew Photovoltaics |
| --- | --- | --- |
| \<20% | 74 (11.5%) | 0 |
| 20-21% | 171 (26.5%) | 3 (21.4%) |
| 21-22% | 142 (22.0%) | 5 (35.7%) |
| 22-23% | 199 (30.8%) | 5 (35.7%) |
| 23%+ | 60 (9.3%) | 1 (7.1%) |


## Power distribution

Renew Photovoltaics offers more 600W+ panels (14% of lineup)


| Power band | AE Solar | Renew Photovoltaics |
| --- | --- | --- |
| \<400W | 78 (12.1%) | 0 |
| 400-499W | 329 (50.9%) | 0 |
| 500-599W | 154 (23.8%) | 12 (85.7%) |
| 600-699W | 55 (8.5%) | 2 (14.3%) |
| 700W+ | 30 (4.6%) | 0 |


## Cell technology

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

Dominant cell tech: **PERC** (57%)


| Technology | AE Solar | Renew Photovoltaics |
| --- | --- | --- |
| TOPCon | 349 (54.0%) | 6 (42.9%) |
| PERC | 245 (37.9%) | 8 (57.1%) |
| Back Contact | 21 (3.3%) | 0 |
| N-type | 17 (2.6%) | 0 |
| BIPV | 9 (1.4%) | 0 |
| HJT | 5 (0.8%) | 0 |


## Top panels, AE Solar


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [CME-132BDS-730](https://comparepv.com/panel/ae-solar-cme-132bds-730) | 730 | 23.5 | -0.290 | Monocrystalline |
| 2 | [CME-132BDS-730W](https://comparepv.com/panel/ae-solar-cme-132bds-730w) | 730 | 23.5 | -0.290 | Monocrystalline |
| 3 | [CME-132BDS-725](https://comparepv.com/panel/ae-solar-cme-132bds-725) | 725 | 23.4 | -0.290 | Monocrystalline |
| 4 | [CME-132-725W](https://comparepv.com/panel/ae-solar-cme-132-725w) | 725 | 23.4 | -0.290 | Monocrystalline |
| 5 | [CME-132BDS-725W](https://comparepv.com/panel/ae-solar-cme-132bds-725w) | 725 | 23.4 | -0.290 | Monocrystalline |
| 6 | [AE CME-132 720](https://comparepv.com/panel/ae-solar-ae-cme-132-720) | 720 | 23.2 | -0.290 | Monocrystalline |
| 7 | [CME-132BDS-720](https://comparepv.com/panel/ae-solar-cme-132bds-720) | 720 | 23.2 | -0.290 | Monocrystalline |
| 8 | [AE CME-132-720](https://comparepv.com/panel/ae-solar-ae-cme-132-720-1) | 720 | 23.2 | -0.290 | Monocrystalline |
| 9 | [CME-132-720W](https://comparepv.com/panel/ae-solar-cme-132-720w) | 720 | 23.2 | -0.290 | Monocrystalline |
| 10 | [CME-132BDS-720W](https://comparepv.com/panel/ae-solar-cme-132bds-720w) | 720 | 23.2 | -0.290 | Monocrystalline |


## Top panels, Renew Photovoltaics


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [RPS3MH66BDXXX](https://comparepv.com/panel/renew-photovoltaics-rps3mh66bdxxx) | 640 | 23.7 | -0.290 | Monocrystalline |
| 2 | [RPS1MH60MBXXX](https://comparepv.com/panel/renew-photovoltaics-rps1mh60mbxxx) | 610 | 21.5 | -0.330 | Monocrystalline |
| 3 | [RPS2MH72BD590](https://comparepv.com/panel/renew-photovoltaics-rps2mh72bd590) | 590 | 22.8 | -0.300 | Monocrystalline |
| 4 | [RPS2MH72BD585](https://comparepv.com/panel/renew-photovoltaics-rps2mh72bd585) | 585 | 22.6 | -0.300 | Monocrystalline |
| 5 | [RPS2MH72BD580](https://comparepv.com/panel/renew-photovoltaics-rps2mh72bd580) | 580 | 22.4 | -0.300 | Monocrystalline |
| 6 | [RPS2MH72BD575](https://comparepv.com/panel/renew-photovoltaics-rps2mh72bd575) | 575 | 22.3 | -0.300 | Monocrystalline |
| 7 | [RPS2MH72BD570](https://comparepv.com/panel/renew-photovoltaics-rps2mh72bd570) | 570 | 22.1 | -0.300 | Monocrystalline |
| 8 | [RPS2MH72BD560](https://comparepv.com/panel/renew-photovoltaics-rps2mh72bd560) | 560 | 21.7 | -0.320 | Monocrystalline |
| 9 | [RPS2MH72BD555](https://comparepv.com/panel/renew-photovoltaics-rps2mh72bd555) | 555 | 21.5 | -0.320 | Monocrystalline |
| 10 | [RPS2MH72BD550](https://comparepv.com/panel/renew-photovoltaics-rps2mh72bd550) | 550 | 21.3 | -0.320 | Monocrystalline |


## Summary

AE Solar is a German manufacturer headquartered in Königsbrunn, Bavaria, founded in 2003 and grown from a regional installation business into a global supplier. Its factories in China, Georgia, and Turkey support annual module production of approximately 2.5 GW. The brand has appeared on the BloombergNEF Tier 1 PV Module Manufacturer list sixteen consecutive times and, in the Q1 2025 bankability survey, was identified as the only European-headquartered producer with a high-bankability rating - a distinction that directly reduces financing risk on large-scale projects. Renew Photovoltaics is an Indian company incorporated in November 2020 as the manufacturing arm of Nasdaq-listed ReNew Private Limited, operating module plants in Dholera, Gujarat, and Jaipur, Rajasthan. Kiwa PVEL recognized it as a Top Performer in the 2024 reliability scorecard, though no BloombergNEF Tier 1 listing for the brand has been confirmed in publicly available sources and its commercial reach beyond India remains limited. AE Solar holds the stronger global institutional standing.

AE Solar addresses residential, C&I, and utility segments across three main product lines. The Comet series uses HJT cell technology with module efficiencies up to 23.05% in the 630-720 W range, well suited to space-constrained rooftop projects. The Meteor line covers standard rooftop and ground-mount use via TOPCon cells across a 415-730 W range, while the Horizon module applies TOPCon to carport-specific configurations. All lines carry a 30-year product warranty, above the industry norm. Renew Photovoltaics produces large-format bifacial and monofacial modules in PERC and TOPCon configurations using M10 and G12 wafer formats, with product development closely tied to utility-scale procurement within the ReNew group's own Indian project pipeline.

For buyers outside India seeking a globally bankable supplier across residential, commercial, and utility segments, AE Solar is the more practical default: European corporate governance, two decades of export history, and consistent BloombergNEF recognition reduce both financing friction and counterparty risk. Renew Photovoltaics is a credible emerging producer best suited to large-scale buyers active in or sourcing from India, where ReNew supply chain proximity is a genuine advantage. In a European or international procurement context, the two brands are not interchangeable at this stage.

Written by claude-sonnet from the figures above.


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Source: https://comparepv.com/ae-solar-vs-renew-photovoltaics

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