AIKO vs Lu'an Solar - solar panel manufacturer comparison
AIKO has the broader catalog (144 vs 20 models). AIKO leads on peak efficiency at 25.20%.
Both catalogues are read from the manufacturers' own datasheets. A brand is not scored against the market here, only against the other brand on this page.
The two companies
- Founded
- 2009
- Headquarters
- Shanghai, China
- Listed
- SZSE: 600732
- Tier 1 bankable
- Yes
Catalogue against catalogue
An average over a catalogue describes the range a manufacturer publishes, not the module you would buy. A brand with two flagship panels and eighty older ones averages worse than one that has retired its back catalogue.
What each of them builds
AIKO skews to higher efficiency: 85% of lineup is 23%+
AIKO offers more 600W+ panels (60% of lineup)
Dominant cell tech: <strong>Back Contact</strong> (83%)
Dominant cell tech: <strong>TOPCon</strong> (75%)
The flagships
Written summary
Lu'an Solar, formally Shanxi Lu'an Photovoltaics Technology Co., Ltd., is a Chinese state-owned manufacturer headquartered in Changzhi, Shanxi Province, established in May 2009 under the Jinneng Holding Group. The company reports photovoltaic cell production capacity of approximately 5 GW and module capacity of around 3 GW. No confirmed BloombergNEF Tier 1 bankability designation for Lu'an Solar appears in current public listings. AIKO Solar, a Chinese manufacturer that has built its identity around proprietary ABC (All Back Contact) N-type cell technology, achieved BloombergNEF Tier 1 status in Q3 2024 and retains that designation on the Q1 2026 list, with reported production capacity of approximately 20 GW. On the dimensions of financing access, global project references, and independent bankability ratings, AIKO holds the clearer institutional advantage.
Lu'an's product range spans P-type modules, N-type TOPCon variants, and double-glass bifacial panels, positioning the brand primarily for budget and mid-range commercial or industrial ground-mount applications where cost efficiency takes precedence over peak cell performance. AIKO's catalog centers on the Neostar series - residential variants including the 3P and 3S, and dual-glass commercial variants in the 2N and 2P lines - all built on ABC technology that moves all electrical contacts to the rear of the cell, maximizing the front active area. Third-party tests have confirmed AIKO's efficiency leadership in the premium segment, though independent real-world evaluations suggest the company's shade-handling claims are somewhat overstated relative to other premium panels.
For a typical buyer in 2025, AIKO is the stronger default when the goal is maximum power density on a constrained rooftop, a long-term performance warranty backed by an internationally bankable brand, or entry into a premium residential or commercial segment. Lu'an is a reasonable consideration for price-sensitive commercial or industrial projects in markets where state-owned Chinese suppliers already hold procurement relationships, but buyers should confirm project-finance lender acceptance given the absence of a confirmed Tier 1 rating in public sources.
Generated by Claude Sonnet · 2026-05-14
Other brand comparisons
Shop prices: See 174 AIKO offers
Comparisons are computed from manufacturer datasheets held in the ComparePV database and may not reflect a brand's complete current lineup. Nothing on this page is paid placement.