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

# ASM vs Fellow Energy

Fellow Energy has the broader catalog (13 vs 1 models). Fellow Energy leads on peak efficiency at 22.90%. Fellow Energy leans bifacial (54% of lineup).


## The two companies


| Attribute | ASM | Fellow Energy |
| --- | --- | --- |
| Country | Australia | Türkiye |
| Headquarters | Hallam, Victoria | Gaziantep |
| Founded | 2009 | 2020 |
| Employees | 1-10 | 350+ |
| Annual capacity |  |  |
| Tier 1 | no | yes |
| Listed |  |  |
| Website | [https://www.australiansolarmanufacturing.com.au](https://www.australiansolarmanufacturing.com.au) | [https://www.fellowsolarenergy.com](https://www.fellowsolarenergy.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...

Fellow Energy is a solar energy technology manufacturer founded in 2020 in Gaziantep, Türkiye. The company specializes in the research, development, manufacturing, and sales of photovoltaic modules and solar cells, all of which are fully designed and produced domestically. Fellow Energy is recognized as a Tier 1 solar...


## Catalog & Power


| Measure | ASM | Fellow Energy | Margin |
| --- | --- | --- | --- |
| Panel Models | 1 | 13 | +12 |
| Max Power | 170 W | 590 W | +420 W |
| Avg Power | 170 W | 491 W | +321 W |


## Efficiency


| Measure | ASM | Fellow Energy | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 16.00% | 22.90% | +6.90 pp |
| Avg Efficiency | 16.00% | 21.60% | +5.60 pp |


## Reliability & Warranty


| Measure | ASM | Fellow Energy | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.438%/°C | -0.320%/°C | +0.118 |
| Bifacial Share | 0 (0%) | 7 (54%) | +54 pp |
| Avg Warranty | - | 27.3 yrs |  |


## Efficiency distribution


| Efficiency band | ASM | Fellow Energy |
| --- | --- | --- |
| \<20% | 1 (100.0%) | 0 |
| 20-21% | 0 | 1 (7.7%) |
| 21-22% | 0 | 10 (76.9%) |
| 22-23% | 0 | 2 (15.4%) |


## Power distribution


| Power band | ASM | Fellow Energy |
| --- | --- | --- |
| \<400W | 1 (100.0%) | 0 |
| 400-499W | 0 | 6 (46.2%) |
| 500-599W | 0 | 7 (53.8%) |


## Cell technology

Dominant cell tech: **TOPCon** (54%)


| Technology | ASM | Fellow Energy |
| --- | --- | --- |
| Unknown | 1 (100.0%) | 0 |
| TOPCon | 0 | 7 (53.8%) |
| PERC | 0 | 6 (46.2%) |


## 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, Fellow Energy


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [FE72-18X(ND)](https://comparepv.com/panel/fellow-energy-fe72-18x-nd) | 590 | 22.9 | -0.310 | Monocrystalline |
| 2 | [FE72-18X 560W](https://comparepv.com/panel/fellow-energy-fe72-18x-560w) | 560 | 21.7 | -0.326 | Monocrystalline |
| 3 | [FE72-18X 555W](https://comparepv.com/panel/fellow-energy-fe72-18x-555w) | 555 | 21.5 | -0.326 | Monocrystalline |
| 4 | [FE72-18X 550W](https://comparepv.com/panel/fellow-energy-fe72-18x-550w) | 550 | 21.3 | -0.326 | Monocrystalline |
| 5 | [FE72-18X 545W](https://comparepv.com/panel/fellow-energy-fe72-18x-545w) | 545 | 21.1 | -0.326 | Monocrystalline |
| 6 | [FE72-18X 540W](https://comparepv.com/panel/fellow-energy-fe72-18x-540w) | 540 | 20.9 | -0.326 | Monocrystalline |
| 7 | [FE66-18X](https://comparepv.com/panel/fellow-energy-fe66-18x) | 500 | 21.1 | -0.350 | Monocrystalline |
| 8 | [FE54-18X(N)-435W](https://comparepv.com/panel/fellow-energy-fe54-18x-n-435w) | 435 | 22.3 | -0.310 | Monocrystalline |
| 9 | [FE54-18X(N)-430W](https://comparepv.com/panel/fellow-energy-fe54-18x-n-430w) | 430 | 22.0 | -0.310 | Monocrystalline |
| 10 | [FE54-18X(N)-425W](https://comparepv.com/panel/fellow-energy-fe54-18x-n-425w) | 425 | 21.7 | -0.310 | Monocrystalline |


## Summary

ASM, founded in 2009 and based in Victoria, Australia, operates as a small-scale domestic panel assembler with a workforce of just 1 to 10 employees. Rather than manufacturing photovoltaic cells from scratch, ASM assembles modules locally using imported components sourced from Germany, Japan, the United States, and China. It carries no Tier 1 bankability designation and has no reported production capacity in gigawatts, placing it firmly in the niche category of boutique local assembly rather than industrial-scale manufacturing. Fellow Energy, by contrast, was founded in 2020 in Gaziantep, Turkiye, and has scaled rapidly to a reported capacity of approximately 2 to 3 GW across three production facilities. With 350 or more employees and confirmed Tier 1 bankable status, Fellow Energy has established a measurably stronger institutional footprint in only a few years of operation, including recognition from certification bodies such as TUV and CSA.

From a portfolio standpoint, the available aggregated data for both companies does not surface panel-level specifications such as average wattage, peak power output, or bifacial share, making a direct module-by-module comparison difficult. What the research does indicate is that Fellow Energy's lineup centers on TOPCon monocrystalline technology with bifacial configurations, positioning its modules toward buyers seeking modern high-efficiency formats suitable for utility-scale ground mounts and performance-oriented commercial rooftops. ASM's assembled panels, drawing on multi-sourced components, are more likely to appeal to buyers with a preference for locally assembled Australian product - particularly those in residential or small commercial markets where domestic provenance is a purchasing criterion. Neither company publishes a wide catalogue of independently reviewed models in mainstream English-language databases.

For a typical buyer in 2025, Fellow Energy is the more defensible default where bankability, scale, and supply chain continuity matter - particularly for project finance scenarios that require Tier 1 status as a lender condition. ASM fills a narrower role as an Australian-assembled option for buyers prioritising local industry support over global institutional credibility. The two companies are not interchangeable in practice: one is a scaling industrial manufacturer, the other a small domestic assembler, and the right choice depends almost entirely on whether the buyer's priority is financeable module provenance or Australian-made assembly.

\---LINKS---

\- https://comparepv.com/reviews/fellow-energy \| Fellow Energy Solar Panels Review 2026 - ComparePV \| review

\- https://www.enfsolar.com/asm \| Australian Solar Manufacturing Pty Ltd profile - ENF Solar \| article

\- https://www.perovskite-info.com/fellow-energy-plans-build-perovskite-solar-cell-and-module-factory-china \| Fellow Energy plans perovskite solar cell and module factory in China \| article

\- https://assets.bnef.com/public/tiering/solarmodules.pdf \| BloombergNEF Tier 1 Solar Module Methodology March 2026 \| article

\- https://australiansolarmanufacturing.com.au/main/page\_about\_us.html \| Australian Solar Manufacturing - About Us \| article

Sources:

\- \[Fellow Energy Solar Panels Review 2026 - ComparePV\](https://comparepv.com/reviews/fellow-energy)

\- \[Australian Solar Manufacturing Pty Ltd profile - ENF Solar\](https://www.enfsolar.com/asm)

\- \[Fellow Energy plans perovskite solar cell and module factory in China\](https://www.perovskite-info.com/fellow-energy-plans-build-perovskite-solar-cell-and-module-factory-china)

\- \[BloombergNEF Tier 1 Solar Module Methodology March 2026\](https://assets.bnef.com/public/tiering/solarmodules.pdf)

\- \[Australian Solar Manufacturing - About Us\](https://australiansolarmanufacturing.com.au/main/page\_about\_us.html)

Written by claude-sonnet from the figures above.


## Other comparisons

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


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Source: https://comparepv.com/asm-vs-fellow-energy

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