---
title: "ASM vs DMEGC - Brand Comparison | ComparePV"
description: "Compare ASM vs DMEGC solar panels: full portfolio, efficiency, cell technology breakdown, warranty terms and company background."
source: "https://comparepv.com/asm-vs-dmegc"
---

# ASM vs DMEGC

DMEGC has the broader catalog (150 vs 1 models). DMEGC leads on peak efficiency at 23.50%. DMEGC leans bifacial (73% of lineup).


## The two companies


| Attribute | ASM | DMEGC |
| --- | --- | --- |
| Country | Australia | China |
| Headquarters | Hallam, Victoria | Dongyang, Zhejiang Province |
| Founded | 2009 | 1980 |
| Employees | 1-10 | 18,831 |
| Annual capacity |  | 21 GW/year |
| Tier 1 | no | yes |
| Listed |  | Shenzhen Stock Exchange: SZ: 002056 |
| Website | [https://www.australiansolarmanufacturing.com.au](https://www.australiansolarmanufacturing.com.au) | [https://www.dmegcsolar.com](https://www.dmegcsolar.com) |

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...

DMEGC Solar, founded in 1980, is a global provider of renewable energy solutions, specializing in high-efficiency solar panels for residential, commercial, and utility-scale projects. The company has six manufacturing bases and is known for its integrated supply chain, from wafers to modules. DMEGC Solar is committed...


## Catalog & Power


| Measure | ASM | DMEGC | Margin |
| --- | --- | --- | --- |
| Panel Models | 1 | 150 | +149 |
| Max Power | 170 W | 720 W | +550 W |
| Avg Power | 170 W | 476 W | +306 W |


## Efficiency


| Measure | ASM | DMEGC | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 16.00% | 23.50% | +7.50 pp |
| Avg Efficiency | 16.00% | 21.39% | +5.39 pp |


## Reliability & Warranty


| Measure | ASM | DMEGC | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.438%/°C | -0.291%/°C | +0.147 |
| Bifacial Share | 0 (0%) | 109 (73%) | +73 pp |
| Avg Warranty | - | 30.0 yrs |  |


## Efficiency distribution

DMEGC skews to higher efficiency: 21% of lineup is 23%+


| Efficiency band | ASM | DMEGC |
| --- | --- | --- |
| \<20% | 1 (100.0%) | 24 (16.0%) |
| 20-21% | 0 | 4 (2.7%) |
| 21-22% | 0 | 11 (7.3%) |
| 22-23% | 0 | 79 (52.7%) |
| 23%+ | 0 | 32 (21.3%) |


## Power distribution

DMEGC offers more 600W+ panels (13% of lineup)


| Power band | ASM | DMEGC |
| --- | --- | --- |
| \<400W | 1 (100.0%) | 19 (12.7%) |
| 400-499W | 0 | 89 (59.3%) |
| 500-599W | 0 | 23 (15.3%) |
| 600-699W | 0 | 14 (9.3%) |
| 700W+ | 0 | 5 (3.3%) |


## Cell technology

Dominant cell tech: **TOPCon** (73%)


| Technology | ASM | DMEGC |
| --- | --- | --- |
| Unknown | 1 (100.0%) | 0 |
| TOPCon | 0 | 109 (72.7%) |
| N-type | 0 | 41 (27.3%) |


## Top panels, ASM


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [ASM170M](https://comparepv.com/panel/australian-solar-manufacturing-asm170m) | 170 | 16.0 | -0.438 | Monocrystalline |


## Top panels, DMEGC


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [DM720G12T-B66HSW](https://comparepv.com/panel/dmegc-hengdian-group-dm720g12t-b66hsw) | 720 | 23.2 | -0.290 | Monocrystalline |
| 2 | [DM715G12T-B66HSW](https://comparepv.com/panel/dmegc-hengdian-group-dm715g12t-b66hsw) | 715 | 23.0 | -0.290 | Monocrystalline |
| 3 | [DM710G12T-B66HSW](https://comparepv.com/panel/dmegc-hengdian-group-dm710g12t-b66hsw) | 710 | 22.9 | -0.290 | Monocrystalline |
| 4 | [DM705G12T-B66HSW](https://comparepv.com/panel/dmegc-hengdian-group-dm705g12t-b66hsw) | 705 | 22.7 | -0.290 | Monocrystalline |
| 5 | [DM700G12T-B66HSW](https://comparepv.com/panel/dmegc-hengdian-group-dm700g12t-b66hsw) | 700 | 22.5 | -0.290 | Monocrystalline |
| 6 | [DM695G12T-B66HSW](https://comparepv.com/panel/dmegc-hengdian-group-dm695g12t-b66hsw) | 695 | 22.4 | -0.290 | Monocrystalline |
| 7 | [DM650M10T-B78HSW](https://comparepv.com/panel/dmegc-hengdian-group-dm650m10t-b78hsw) | 650 | 23.3 | -0.290 | Monocrystalline |
| 8 | [DM645M10T-B78HSW](https://comparepv.com/panel/dmegc-hengdian-group-dm645m10t-b78hsw) | 645 | 23.1 | -0.290 | Monocrystalline |
| 9 | [DM640M10T-B78HSW](https://comparepv.com/panel/dmegc-hengdian-group-dm640m10t-b78hsw) | 640 | 22.9 | -0.290 | Monocrystalline |
| 10 | [DM635G12RT-B66HSW](https://comparepv.com/panel/hengdian-group-dmegc-magnetics-co-ltd-dm635g12rt-b66hsw) | 635 | 23.5 | -0.290 | Monocrystalline |


## Summary

ASM (Australian Solar Manufacturing) is a small-scale solar panel producer based in Australia, assembling crystalline monocrystalline modules primarily for domestic distribution. The company does not appear on BloombergNEF Tier 1 or PV ModuleTech bankability lists, and credible third-party reviews of the brand are scarce, suggesting it operates as a regional niche player rather than a globally recognized manufacturer. DMEGC Solar, by contrast, is a Chinese manufacturer headquartered in Hengdian, Zhejiang Province, founded in 1980 as part of the Hengdian Group conglomerate. DMEGC has held BloombergNEF Tier 1 status for multiple consecutive years, retained it through Q3 2025, and earned an 'A' rating in the PV ModuleTech Bankability Report for Q4 2024. With annual module production capacity reported at approximately 21 GW and cumulative global shipments exceeding 50 GW, DMEGC carries a substantially stronger institutional footprint by any measurable standard.

DMEGC's product range spans residential, commercial, and utility-scale applications. The Infinity series - built on TOPCon cell technology - anchors the residential and light-commercial segment, with efficiency figures confirmed by industry sources at up to 23.5% and power outputs reaching 635 W in newer configurations. The brand also offers lightweight bifacial TOPCon modules aimed at weight-constrained rooftop installations, and higher-power framings suited for utility ground-mount projects. ASM's publicly documented catalogue appears limited to lower-wattage monocrystalline panels in the 170-200 Wp range, with no confirmed cell technology beyond standard mono-crystalline silicon, and no indication of bifacial or N-type product lines.

For most buyers in 2025 - whether residential homeowners, commercial developers, or project financiers - DMEGC is the clear default choice. It offers confirmed bankability, a broad product lineup covering multiple use cases, a credible 30-year performance warranty, and wide availability through established distribution channels. ASM may suit buyers with a strong preference for locally assembled product or supply-chain proximity within Australia, but it cannot match DMEGC on technology depth, warranty backing, or third-party-verified financial stability.

\---LINKS---

\- https://www.solarquotes.com.au/panels/dmegc-solar-review.html \| DMEGC Solar review - SolarQuotes Australia \| review

\- https://www.solarchoice.net.au/products/panels/dmegc-solar-review/ \| DMEGC Solar panels independent review - Solar Choice \| review

\- https://www.prnewswire.co.uk/news-releases/dmegc-solar-achieves-a-in-pv-moduletech-bankability-ratings-302372871.html \| DMEGC Solar achieves A rating in PV ModuleTech Bankability Ratings \| article

\- https://solarbytes.info/business-bytes/dmegc-solar-retains-tier1-status-bloombergnef-global-pv-module-ranking-q3-2025-10474069 \| DMEGC Solar retains Tier 1 spot in BNEF Q3 2025 ranking \| article

\- https://www.pv-magazine.com/2024/12/18/dmegc-releases-22-9-efficient-lightweight-bifacial-topcon-solar-panels-for-limited-roof-space/ \| DMEGC releases lightweight bifacial TOPCon solar panels - PV Magazine \| article

Written by claude-sonnet from the figures above.


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- [ASM vs A.B. Energy](https://comparepv.com/asm-vs-a-b-energy)
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- [AIKO vs DMEGC](https://comparepv.com/aiko-vs-dmegc)
- [ASM vs AKCOME](https://comparepv.com/asm-vs-akcome)
- [ARTsolar vs DMEGC](https://comparepv.com/artsolar-vs-dmegc)


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Source: https://comparepv.com/asm-vs-dmegc

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