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ASM vs Emmvee - solar panel manufacturer comparison

ASM
Australia Founded 2009
Read the ASM review
VS
Emmvee
India Founded 1992
Read the Emmvee review
At a glance

Emmvee has the broader catalog (166 vs 1 models). Emmvee leads on peak efficiency at 23.51%. Emmvee leans bifacial (55% 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.

Panel models
1 166
Highest power
170 Wp 720 Wp
Best efficiency
16.0% 23.5%
Average efficiency
16.0% 21.7%
Bifacial share
0% 55%
Average warranty
- 27 yrs
01

The two companies

Company facts, not datasheet figures
ASM

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
Emmvee
Founded
1992
Headquarters
Bengaluru, India
02

Catalogue against catalogue

Averages over every model in the database
Metric ASM Emmvee
Catalog & Power
Panel Models 1 166+165
Max Power 170 W 720 W+550 W
Avg Power 170 W 526 W+356 W
Efficiency
Max Efficiency 16.00% 23.51%+7.51 pp
Avg Efficiency 16.00% 21.69%+5.69 pp
Reliability & Warranty
Avg Temp Coefficient -0.438%/°C -0.311%/°C+0.127
Bifacial Share 0 (0%) 91 (55%)+55 pp
Avg Warranty - 27.0 yrs

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.

03

What each of them builds

Cell technology across the market
Efficiency spread
Share of each catalogue in every efficiency band

Emmvee skews to higher efficiency: 10% of lineup is 23%+

Power spread
Share of each catalogue in every power band

Emmvee offers more 600W+ panels (16% of lineup)

ASM cell technology
Share of their models by cell architecture
Emmvee cell technology
Share of their models by cell architecture

Dominant cell tech: <strong>TOPCon</strong> (61%)

04

The flagships

Highest-power models from each brand
05

Written summary

Checking cache...

ASM (Australian Solar Manufacturing) is a micro-scale manufacturer founded in 2009 and based in Victoria, Australia, operating with a workforce of just one to ten employees and carrying no Tier 1 bankable status on any BloombergNEF quarterly list. Emmvee is a Bengaluru-based Indian manufacturer established in 1992 that has scaled to 7.80 GW of module production capacity and 2.94 GW of cell manufacturing capacity as of 2025, positioning it as the second-largest pure-play integrated solar PV module and cell manufacturer in India, with an active IPO process underway. Neither company holds Tier 1 status, but Emmvee's institutional footprint - in terms of manufacturing scale, vertical integration, and financial profile - dwarfs ASM's by every available measure.

The portfolio data reinforces this gap decisively. ASM carries no current panel listings in available databases, providing no basis for comparing output, efficiency, or cell technology. Emmvee's 115-panel catalog delivers an average output of 511 Wp, peaking at 720 Wp, with average efficiency at 21.4% and a top efficiency of 23.51%. PERC technology accounts for roughly 42% of its lineup, and 57% of its panels are bifacial, reflecting a product mix well suited to utility-scale ground mounts and mid-to-large commercial rooftops seeking rear-side energy gain. An average warranty of 27.2 years exceeds the common 25-year industry benchmark, adding meaningful long-term assurance for project developers and commercial buyers prioritizing module longevity.

For any buyer evaluating these two manufacturers in 2025, Emmvee is the only practical choice. ASM presents no verifiable current product portfolio, no published production scale, and no bankability credential, making it effectively unworkable for project finance or large procurement. Emmvee, while outside the Tier 1 list, compensates with substantial verified capacity, a broad bifacial-heavy portfolio, and documented third-party reliability recognition from Kiwa PVEL. Buyers requiring Tier 1 bankability for lender requirements should look beyond both brands, but strictly between these two, Emmvee is the clear default for any commercial or utility application.

Generated by Claude Sonnet · 2026-05-12

06

Other brand comparisons

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ASM A.B. Energy
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ASM AEET
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AIKO Emmvee
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ASM AKCOME
Manufacturers
ARTsolar Emmvee
Something missing from a catalogue? Both lists are built from the datasheets in the database. If a model is absent, it has not been ingested yet.

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.