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

# AE Solar vs ZNShine

AE Solar has the broader catalog (646 vs 212 models). AE Solar leads on peak efficiency at 24.43%. AE Solar leans bifacial (63% of lineup).


## The two companies


| Attribute | AE Solar | ZNShine |
| --- | --- | --- |
| Country | Germany | China |
| Headquarters | Gersthofen | Suqian |
| Founded | 2003 | 1988 |
| Employees | 501-1000 | 1,200 |
| Annual capacity | 2+ GW/year | 10 GW/year |
| Tier 1 | yes | yes |
| Listed |  | NEEQ: 838463 |
| Website | [https://ae-solar.com](https://ae-solar.com) | [http://www.znshinesolar.com](http://www.znshinesolar.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...

ZNShine Solar is a high-tech PV enterprise specializing in R&D, manufacturing, and sales of solar modules. They also provide integrated photovoltaic, battery storage, and green hydrogen solutions, as well as BIPV, rooftop solar, and utility-scale solar solutions with a commitment to boosting green electricity...


## Catalog & Power


| Measure | AE Solar | ZNShine | Margin |
| --- | --- | --- | --- |
| Panel Models | 646 | 212 | +434 |
| Max Power | 730 W | 670 W | +60 W |
| Avg Power | 489 W | 535 W | +46 W |


## Efficiency


| Measure | AE Solar | ZNShine | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 24.43% | 22.83% | +1.60 pp |
| Avg Efficiency | 21.11% | 21.35% | +0.24 pp |


## Reliability & Warranty


| Measure | AE Solar | ZNShine | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.312%/°C | -0.329%/°C | +0.017 |
| Bifacial Share | 405 (63%) | 89 (42%) | +21 pp |
| Avg Warranty | 29.7 yrs | 28.3 yrs | +1.4 yr |


## Efficiency distribution

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


| Efficiency band | AE Solar | ZNShine |
| --- | --- | --- |
| \<20% | 74 (11.5%) | 5 (2.4%) |
| 20-21% | 171 (26.5%) | 59 (27.8%) |
| 21-22% | 142 (22.0%) | 101 (47.6%) |
| 22-23% | 199 (30.8%) | 47 (22.2%) |
| 23%+ | 60 (9.3%) | 0 |


## Power distribution

ZNShine offers more 600W+ panels (20% of lineup)


| Power band | AE Solar | ZNShine |
| --- | --- | --- |
| \<400W | 78 (12.1%) | 6 (2.8%) |
| 400-499W | 329 (50.9%) | 64 (30.2%) |
| 500-599W | 154 (23.8%) | 99 (46.7%) |
| 600-699W | 55 (8.5%) | 43 (20.3%) |
| 700W+ | 30 (4.6%) | 0 |


## Cell technology

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

Dominant cell tech: **PERC** (63%)


| Technology | AE Solar | ZNShine |
| --- | --- | --- |
| TOPCon | 349 (54.0%) | 78 (36.8%) |
| PERC | 245 (37.9%) | 134 (63.2%) |
| 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, ZNShine


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [ZXM8-TP132-670W](https://comparepv.com/panel/znshine-zxm8-tp132-670w) | 670 | 21.6 | -0.340 | Monocrystalline |
| 2 | [ZXM8-TPLD132-670](https://comparepv.com/panel/znshine-zxm8-tpld132-670) | 670 | 21.6 | -0.340 | Monocrystalline |
| 3 | [ZXM8-TPLDD132-670](https://comparepv.com/panel/znshine-zxm8-tpldd132-670) | 670 | 21.6 | -0.340 | Monocrystalline |
| 4 | [ZXM8-TP132-670](https://comparepv.com/panel/znshine-zxm8-tp132-670) | 670 | 21.6 | -0.340 | Monocrystalline |
| 5 | [ZXM8-TPLD132-670W](https://comparepv.com/panel/znshine-zxm8-tpld132-670w) | 670 | 21.6 | -0.340 | Monocrystalline |
| 6 | [ZXM8-TP132-665W](https://comparepv.com/panel/znshine-zxm8-tp132-665w) | 665 | 21.4 | -0.340 | Monocrystalline |
| 7 | [ZXM8-TPLD132-665](https://comparepv.com/panel/znshine-zxm8-tpld132-665) | 665 | 21.4 | -0.340 | Monocrystalline |
| 8 | [ZXM8-TPLDD132-665](https://comparepv.com/panel/znshine-zxm8-tpldd132-665) | 665 | 21.4 | -0.340 | Monocrystalline |
| 9 | [ZXM8-TPLD132-665W](https://comparepv.com/panel/znshine-zxm8-tpld132-665w) | 665 | 21.4 | -0.340 | Monocrystalline |
| 10 | [ZXM8-TP132-665](https://comparepv.com/panel/znshine-zxm8-tp132-665) | 665 | 21.4 | -0.340 | Monocrystalline |


## Summary

AE Solar was founded in 2003 in Königsbrunn, Germany, and has grown into a recognized European solar brand with a production capacity of over 2 GW and a broad portfolio of 442 modules. The company holds Tier 1 bankable status and operates manufacturing facilities across China, Georgia, and Turkey, combining a European brand identity with Asian production scale. ZNShine, established in 1988 in China and publicly listed on the NEEQ exchange, brings substantially greater manufacturing capacity at 10 GW and employs approximately 1,200 people. ZNShine also carries Tier 1 bankability status and has been actively expanding its European footprint, including a dedicated distributor network in Poland since 2022. Both companies compete in the mainstream commercial segment, though their scale and geographic origins position them differently in the eyes of European buyers.

AE Solar's technology portfolio leans strongly toward advanced cell technologies - roughly 50% of its 442-panel lineup uses TOPCon cells, delivering a maximum panel efficiency of 24.43% and an average of 21.34%. Its bifacial share stands at nearly 64%, and the average product warranty across the portfolio reaches approximately 29.7 years - figures that make AE Solar a compelling choice for residential rooftop installs and commercial C&I projects where per-square-meter yield and long-term warranty assurance are priorities. The maximum module output reaches 730 Wp. ZNShine's portfolio is dominated by PERC technology at roughly 63% of its 212-panel range, with a maximum efficiency of 22.83% and a notably higher average module power of 534.5 Wp. A distinguishing feature is the graphene-coated self-cleaning glass surface, which reduces soiling losses and lowers maintenance requirements - a practical advantage for utility-scale ground-mount installations and large solar farms with limited access. ZNShine's 10 GW production capacity ensures supply continuity for high-volume procurement, with an average product warranty of approximately 28.3 years.

For international buyers selecting between the two, the decision hinges on project scale and market context. AE Solar's emphasis on TOPCon, its higher maximum efficiency ceiling of 24.43%, and its longer average warranty favor residential and commercial projects where module quality and European brand credibility carry weight with end-clients or lenders. ZNShine offers a cost-competitive, high-volume alternative anchored by massive manufacturing scale and a growing distribution network, making it particularly attractive for utility-scale procurement and developers managing large multi-megawatt pipelines where availability and price-per-watt are the primary selection criteria.

Written by claude-sonnet from the figures above.


## Other comparisons

- [AE Solar vs A.B. Energy](https://comparepv.com/ae-solar-vs-a-b-energy)
- [AEET vs ZNShine](https://comparepv.com/aeet-vs-znshine)
- [AE Solar vs AIKO](https://comparepv.com/ae-solar-vs-aiko)
- [AKCOME vs ZNShine](https://comparepv.com/akcome-vs-znshine)
- [AE Solar vs ARTsolar](https://comparepv.com/ae-solar-vs-artsolar)
- [ASM vs ZNShine](https://comparepv.com/asm-vs-znshine)


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Source: https://comparepv.com/ae-solar-vs-znshine

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

