ASM vs AIKO - solar panel manufacturer comparison
AIKO has the broader catalog (144 vs 1 models). AIKO leads on peak efficiency at 25.20%. AIKO leans bifacial (24% of lineup).
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
Australian Solar Manufacturing (ASM) is a small Australian solar panel assembler that produces crystalline monocrystalline modules domestically using components sourced from Germany, Japan, the USA, and China. The company focuses on providing locally assembled PV modules tailored to Australian conditions, supporting...
- Founded
- 2009
- Headquarters
- Hallam, Victoria, Australia
- Employees
- 1-10
- 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%)
The flagships
Written summary
ASM (Australian Solar Manufacturing) and AIKO represent fundamentally different tiers of the global solar industry. ASM is a small Australian panel assembler based in Keysborough, Victoria, that assembles modules from imported components sourced from Germany, Japan, the USA, and China, producing monocrystalline panels in the 170-200 watt range - a specification that reflects an older era of residential solar. No Tier 1 or BloombergNEF bankability designation has been identified for ASM in available industry sources, and its production scale appears to be modest by any contemporary measure. AIKO, by contrast, is Shanghai Aiko Solar Energy Co., Ltd., a Chinese manufacturer founded in 2009 that achieved BloombergNEF Tier 1 status in Q3 2024 and operates approximately 20 gigawatts of annual production capacity across six manufacturing facilities. With over 17,000 employees and 20 global branches, AIKO carries a substantially stronger institutional footprint than ASM by any standard metric.
The two manufacturers occupy very different product spaces. ASM's catalog - centered on sub-200 watt monocrystalline modules - is better suited to niche or legacy Australian residential installations where locally assembled products are a priority, though the panels lag well behind modern efficiency standards. AIKO has built its reputation around proprietary N-type ABC (All Back Contact) cell technology, a design that relocates all electrical contacts to the rear of the cell to eliminate front-side shading losses. Its Neostar series (440-470 watts) targets residential rooftops, the Comet series (600-650 watts) addresses commercial and industrial ground-mount projects, and the company demonstrated a certified module efficiency of 25.2% at Intersolar Munich in 2024, placing it among the most efficient mass-produced panels available. AIKO panels also ranked among top performers in the 2024 PV Top Performers List and won the SolarQuotes Installers Choice Award for best solar panels in 2025.
For a typical buyer in 2025, AIKO is the clear default choice between these two. Its Tier 1 bankability, advanced cell technology, competitive 30-year performance warranty, and global service network address the core requirements of both residential and commercial projects. ASM may appeal specifically to buyers with a strong preference for locally assembled Australian product, but that advantage comes at the cost of significantly lower power output, no established bankability rating, and limited third-party performance data. These are not interchangeable options for the same buyer.
Generated by Claude Sonnet · 2026-05-13
Other brand comparisons
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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.