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

# AIKO vs ZNShine

ZNShine has the broader catalog (212 vs 144 models). AIKO leads on peak efficiency at 25.20%. ZNShine leans bifacial (42% of lineup).


## The two companies


| Attribute | AIKO | ZNShine |
| --- | --- | --- |
| Country | China | China |
| Headquarters | Shanghai | Suqian |
| Founded | 2009 | 1988 |
| Employees |  | 1,200 |
| Annual capacity |  | 10 GW/year |
| Tier 1 | yes | yes |
| Listed | SZSE: 600732 | NEEQ: 838463 |
| Website | [https://www.aikosolar.com](https://www.aikosolar.com) | [http://www.znshinesolar.com](http://www.znshinesolar.com) |

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 | AIKO | ZNShine | Margin |
| --- | --- | --- | --- |
| Panel Models | 144 | 212 | +68 |
| Max Power | 805 W | 670 W | +135 W |
| Avg Power | 581 W | 535 W | +47 W |


## Efficiency


| Measure | AIKO | ZNShine | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 25.20% | 22.83% | +2.37 pp |
| Avg Efficiency | 23.65% | 21.35% | +2.31 pp |


## Reliability & Warranty


| Measure | AIKO | ZNShine | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.271%/°C | -0.329%/°C | +0.059 |
| Bifacial Share | 35 (24%) | 89 (42%) | +18 pp |
| Avg Warranty | 29.5 yrs | 28.3 yrs | +1.2 yr |


## Efficiency distribution

AIKO skews to higher efficiency: 85% of lineup is 23%+


| Efficiency band | AIKO | ZNShine |
| --- | --- | --- |
| \<20% | 3 (2.1%) | 5 (2.4%) |
| 20-21% | 3 (2.1%) | 59 (27.8%) |
| 21-22% | 3 (2.1%) | 101 (47.6%) |
| 22-23% | 12 (8.3%) | 47 (22.2%) |
| 23%+ | 123 (85.4%) | 0 |


## Power distribution

AIKO offers more 600W+ panels (60% of lineup)


| Power band | AIKO | ZNShine |
| --- | --- | --- |
| \<400W | 2 (1.4%) | 6 (2.8%) |
| 400-499W | 50 (34.7%) | 64 (30.2%) |
| 500-599W | 5 (3.5%) | 99 (46.7%) |
| 600-699W | 78 (54.2%) | 43 (20.3%) |
| 700W+ | 9 (6.2%) | 0 |


## Cell technology

Dominant cell tech: **Back Contact** (83%)

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


| Technology | AIKO | ZNShine |
| --- | --- | --- |
| Back Contact | 119 (82.6%) | 0 |
| N-type | 17 (11.8%) | 0 |
| PERC | 7 (4.9%) | 134 (63.2%) |
| Flexible | 1 (0.7%) | 0 |
| TOPCon | 0 | 78 (36.8%) |


## Top panels, AIKO


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [AIKO-A805-GRH78Dw](https://comparepv.com/panel/aiko-aiko-a805-grh78dw) | 805 | 25.1 | -0.260 | Monocrystalline |
| 2 | [AIKO-A800-GRH78Dw](https://comparepv.com/panel/aiko-aiko-a800-grh78dw) | 800 | 24.9 | -0.260 | Monocrystalline |
| 3 | [AIKO-A795-GRH78Dw](https://comparepv.com/panel/aiko-aiko-a795-grh78dw) | 795 | 24.8 | -0.260 | Monocrystalline |
| 4 | [AIKO-A790-GRH78Dw](https://comparepv.com/panel/aiko-aiko-a790-grh78dw) | 790 | 24.6 | -0.260 | Monocrystalline |
| 5 | [AIKO-A785-GRH78Dw](https://comparepv.com/panel/aiko-aiko-a785-grh78dw) | 785 | 24.4 | -0.260 | Monocrystalline |
| 6 | [AIKO-A780-GRH78Dw](https://comparepv.com/panel/aiko-aiko-a780-grh78dw) | 780 | 24.3 | -0.260 | Monocrystalline |
| 7 | [AIKO-A775-GRH78Dw](https://comparepv.com/panel/aiko-aiko-a775-grh78dw) | 775 | 24.1 | -0.260 | Monocrystalline |
| 8 | [AIKO-A770-GRH78Dw](https://comparepv.com/panel/aiko-aiko-a770-grh78dw) | 770 | 24.0 | -0.260 | Monocrystalline |
| 9 | [AIKO-A700-MAE78Dw](https://comparepv.com/panel/aiko-aiko-a700-mae78dw) | 700 | 25.0 | -0.260 | Monocrystalline |
| 10 | [AIKO-A695-MAE78Dw](https://comparepv.com/panel/aiko-aiko-a695-mae78dw) | 695 | 24.9 | -0.260 | 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

AIKO (Guangdong Aiko Solar Energy Technology Co., Ltd.) is a Chinese manufacturer headquartered in Foshan, Guangdong Province, with roughly 16 years of history in the photovoltaic industry. The company achieved BloombergNEF Tier 1 status in Q3 2024, operates six major production bases supported by three world-class R&D centers, and holds a portfolio of over 1,000 patents; a planned facility in Jinan is designed for up to 30 GW of capacity. ZNShine (ZNSHINE PV-TECH Co., Ltd.), headquartered in Changzhou, China, has a longer and better-documented track record, having entered the solar module market in 2006 and maintaining BloombergNEF Tier 1 status continuously since 2015. The company operates approximately 10 GW of production capacity across three Chinese manufacturing bases and has recently been upgraded to a B rating under the PV Tech Bankability Ranking. Measured purely by institutional financing history and lender familiarity, ZNShine's decade-long Tier 1 standing gives it the stronger established footprint among project financiers.

AIKO has built its competitive identity around its proprietary ABC (All Back Contact) cell technology, which relocates all electrical contacts to the rear of the cell, eliminating front-side shading losses and enabling module efficiencies confirmed at around 24.3% in mass production - placing AIKO at or near the top of independent efficiency benchmarks. The ABC architecture also delivers a notably low temperature coefficient, meaning less output degradation on hot summer days compared with standard TOPCon modules. These attributes make AIKO modules especially well-suited to space-constrained residential rooftops and premium commercial and C&I installations where extracting maximum output per square meter justifies a higher per-watt price. ZNShine's portfolio spans residential, commercial, and utility-scale ground-mount applications, with product lines covering monocrystalline and, in newer series, TOPCon-based modules. The company has also incorporated graphene-enhanced cell coatings into select product lines to improve durability and resistance to environmental degradation, and its extensive track record in large financed projects reinforces its appeal for developers.

For buyers prioritizing cell efficiency and willing to pay a modest premium - particularly in rooftop or C&I scenarios - AIKO is a technically differentiated choice whose ABC modules deliver measurably more energy from a given area than mainstream TOPCon alternatives. ZNShine is the more conservative pick for utility-scale developers and institutional buyers who weight a long, well-documented bankability record alongside a cost-competitive, broad-range catalogue. The two brands occupy distinct positions: AIKO is the technology-forward premium contender, while ZNShine is the established, broadly bankable mid-market manufacturer.

Written by claude-sonnet from the figures above.


## Other comparisons

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


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Source: https://comparepv.com/aiko-vs-znshine

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