--- title: "AEET vs Waaree - Brand Comparison | ComparePV" description: "Compare AEET vs Waaree solar panels: full portfolio, efficiency, cell technology breakdown, warranty terms and company background." source: "https://comparepv.com/aeet-vs-waaree" --- # AEET vs Waaree Waaree has the broader catalog (222 vs 5 models). Waaree leads on peak efficiency at 23.51%. Waaree leans bifacial (38% of lineup). ## The two companies | Attribute | AEET | Waaree | | --- | --- | --- | | Country | | India | | Headquarters | | Mumbai | | Founded | | 1990 | | Employees | | 8500+ | | Annual capacity | | 13.3 GW/year | | Tier 1 | no | yes | | Listed | | NSE: WAAREEENER | | Website | | [https://www.waaree.com/](https://www.waaree.com/) | Waaree Energies Ltd. is a leading global energy transition company committed to delivering innovative, high-quality solar and sustainable energy solutions. Established in 1990 and headquartered in Mumbai, India, the company operates across 20+ countries with an integrated portfolio that spans solar modules, EPC... ## Catalog & Power | Measure | AEET | Waaree | Margin | | --- | --- | --- | --- | | Panel Models | 5 | 222 | +217 | | Max Power | 200 W | 730 W | +530 W | | Avg Power | 190 W | 371 W | +181 W | ## Efficiency | Measure | AEET | Waaree | Margin | | --- | --- | --- | --- | | Max Efficiency | 15.70% | 23.51% | +7.81 pp | | Avg Efficiency | 14.90% | 18.39% | +3.49 pp | ## Reliability & Warranty | Measure | AEET | Waaree | Margin | | --- | --- | --- | --- | | Avg Temp Coefficient | - | -0.362%/°C | | | Bifacial Share | 0 (0%) | 85 (38%) | +38 pp | | Avg Warranty | 25.0 yrs | 21.7 yrs | +3.3 yr | ## Efficiency distribution Waaree skews to higher efficiency: 4% of lineup is 23%+ | Efficiency band | AEET | Waaree | | --- | --- | --- | | \<20% | 5 (100.0%) | 139 (62.6%) | | 20-21% | 0 | 47 (21.2%) | | 21-22% | 0 | 14 (6.3%) | | 22-23% | 0 | 13 (5.9%) | | 23%+ | 0 | 9 (4.1%) | ## Power distribution Waaree offers more 600W+ panels (12% of lineup) | Power band | AEET | Waaree | | --- | --- | --- | | \<400W | 5 (100.0%) | 124 (55.9%) | | 400-499W | 0 | 35 (15.8%) | | 500-599W | 0 | 36 (16.2%) | | 600-699W | 0 | 20 (9.0%) | | 700W+ | 0 | 7 (3.2%) | ## Cell technology Dominant cell tech: **PERC** (100%) Dominant cell tech: **PERC** (48%) | Technology | AEET | Waaree | | --- | --- | --- | | PERC | 5 (100.0%) | 107 (48.2%) | | Unknown | 0 | 88 (39.6%) | | TOPCon | 0 | 12 (5.4%) | | N-type | 0 | 8 (3.6%) | | HJT | 0 | 7 (3.2%) | ## Top panels, AEET | # | Model | Power | Efficiency | Temp. coefficient | Technology | | --- | --- | --- | --- | --- | --- | | 1 | [SE200M(24)F](https://comparepv.com/panel/aeet-se200m-24-f) | 200 | 15.7 | - | Monocrystalline | | 2 | [SE195M(24)F](https://comparepv.com/panel/aeet-se195m-24-f) | 195 | 15.3 | - | Monocrystalline | | 3 | [SE190M(24)F](https://comparepv.com/panel/aeet-se190m-24-f) | 190 | 14.9 | - | Monocrystalline | | 4 | [SE185M(24)F](https://comparepv.com/panel/aeet-se185m-24-f) | 185 | 14.5 | - | Monocrystalline | | 5 | [SE180M(24)F](https://comparepv.com/panel/aeet-se180m-24-f) | 180 | 14.1 | - | Monocrystalline | ## Top panels, Waaree | # | Model | Power | Efficiency | Temp. coefficient | Technology | | --- | --- | --- | --- | --- | --- | | 1 | [BiH-11-730](https://comparepv.com/panel/waaree-bih-11-730) | 730 | 23.5 | -0.240 | Monocrystalline | | 2 | [BiH-11-725](https://comparepv.com/panel/waaree-bih-11-725) | 725 | 23.3 | -0.240 | Monocrystalline | | 3 | [BiH-11-720](https://comparepv.com/panel/waaree-bih-11-720) | 720 | 23.2 | -0.240 | Monocrystalline | | 4 | [BiH-11-715](https://comparepv.com/panel/waaree-bih-11-715) | 715 | 23.0 | -0.240 | Monocrystalline | | 5 | [BiH-11-710](https://comparepv.com/panel/waaree-bih-11-710) | 710 | 22.9 | -0.240 | Monocrystalline | | 6 | [BiH-11-705](https://comparepv.com/panel/waaree-bih-11-705) | 705 | 22.7 | -0.240 | Monocrystalline | | 7 | [BiH-11-700](https://comparepv.com/panel/waaree-bih-11-700) | 700 | 22.5 | -0.240 | Monocrystalline | | 8 | [Bi-68-665](https://comparepv.com/panel/waaree-bi-68-665) | 665 | 21.3 | -0.340 | Monocrystalline | | 9 | [WSMD-665](https://comparepv.com/panel/waaree-wsmd-665) | 665 | 21.3 | -0.340 | Monocrystalline | | 10 | [WSMD-660](https://comparepv.com/panel/waaree-wsmd-660) | 660 | 21.1 | -0.340 | Monocrystalline | ## Summary AEET Energy Group GmbH is a Germany-based photovoltaic wholesale partner and niche manufacturer headquartered in Bad Gandersheim, offering a small catalog of five panel models with no public stock listing and no Tier 1 bankable recognition. Waaree Energies, founded in 1990 and headquartered in Mumbai, India, presents an entirely different institutional profile: it is listed on the National Stock Exchange (NSE), employs more than 8,500 people, and carries a confirmed Bloomberg NEF Tier 1 bankable designation. At a stated production capacity of 13.3 GW, Waaree commands a manufacturing footprint that dwarfs AEET's wholesale-oriented model, making non-recourse project financing straightforward for buyers working with Waaree modules. The portfolios diverge sharply at every performance metric. AEET's five-panel lineup averages 190 Wp and tops out at 200 Wp, with mean panel efficiency of 14.9% and a ceiling of 15.7%. Cell technology is unspecified, no bifacial products are offered, and the average product warranty is 25 years - a notable commitment for such a limited range. These figures situate AEET firmly in legacy or budget-constrained retrofit territory, unsuitable for modern applications where space efficiency and energy yield matter. Waaree's 214-model catalog is designed for a different era entirely: average output of 362 Wp climbing to 730 Wp at the top end, mean efficiency of 18.2% peaking at 23.5%, a temperature coefficient averaging -0.36%/C for Pmax, and roughly 36% of models offered in bifacial configuration. PERC technology anchors 50% of the Waaree lineup. Average warranty across its range is 21.4 years. That combination of width and depth makes Waaree competitive across premium residential rooftops, commercial flat roofs, and utility-scale ground-mount arrays. For the typical buyer in 2025, Waaree is the rational default. Its Tier 1 status, NSE-listed corporate governance, vertically integrated 13.3 GW manufacturing base, and a high-efficiency portfolio spanning bifacial and PERC products give it decisive advantages in bankability, supply reliability, and long-term performance. AEET's 25-year warranty is genuine value on paper, but panels averaging 190 Wp at 14.9% efficiency are a generation behind current standards. The two manufacturers are not interchangeable for any project where financing, yield optimization, or technology longevity is a priority. \---LINKS--- \- https://www.pv-magazine.com/2025/12/15/indias-waaree-energies-lifts-global-solar-module-capacity-to-22-3-gw/ \| Waaree Energies lifts global solar module capacity to 22.3 GW \| article \- https://www.pv-magazine.com/2024/12/10/waaree-energies-secures-1-gw-solar-module-order/ \| Waaree Energies secures 1 GW solar module order \| article \- https://www.enfsolar.com/aeet \| AEET Energy Group GmbH company profile - ENF Solar \| review \- https://energypal.com/best-solar-panels-for-homes/aeet-energy-group \| AEET Energy Group solar panels buyer guide - EnergyPal \| review Sources: \- \[Waaree Energies lifts global solar module capacity to 22.3 GW\](https://www.pv-magazine.com/2025/12/15/indias-waaree-energies-lifts-global-solar-module-capacity-to-22-3-gw/) \- \[Waaree Energies secures 1 GW solar module order\](https://www.pv-magazine.com/2024/12/10/waaree-energies-secures-1-gw-solar-module-order/) \- \[AEET Energy Group GmbH - ENF Solar\](https://www.enfsolar.com/aeet) \- \[AEET Energy Group - EnergyPal Buyer's Guide\](https://energypal.com/best-solar-panels-for-homes/aeet-energy-group) Written by claude-sonnet from the figures above. ## Other comparisons - [AEET vs A.B. Energy](https://comparepv.com/aeet-vs-a-b-energy) - [AE Solar vs Waaree](https://comparepv.com/ae-solar-vs-waaree) - [AEET vs AIKO](https://comparepv.com/aeet-vs-aiko) - [AKCOME vs Waaree](https://comparepv.com/akcome-vs-waaree) - [AEET vs ARTsolar](https://comparepv.com/aeet-vs-artsolar) - [ASM vs Waaree](https://comparepv.com/asm-vs-waaree) --- Source: https://comparepv.com/aeet-vs-waaree Not in this file, on the page: the distributions above drawn as charts.