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

# ASM vs Heliene

Heliene has the broader catalog (91 vs 1 models). Heliene leads on peak efficiency at 23.08%. Heliene leans bifacial (65% of lineup).


## The two companies


| Attribute | ASM | Heliene |
| --- | --- | --- |
| Country | Australia | Canada |
| Headquarters | Hallam, Victoria | Sault Ste. Marie |
| Founded | 2009 | 2010 |
| Employees | 1-10 | 200-600 |
| Annual capacity |  | 1.3 GW/year |
| Tier 1 | no | yes |
| Listed |  |  |
| Website | [https://www.australiansolarmanufacturing.com.au](https://www.australiansolarmanufacturing.com.au) | [https://heliene.com](https://heliene.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...

Heliene is a North American headquartered manufacturer of high-quality, competitively priced solar photovoltaic modules. They have manufacturing operations in the US and Canada, and a global supply chain capability. Heliene is committed to providing reliable and high-performing solar solutions for utility-scale...


## Catalog & Power


| Measure | ASM | Heliene | Margin |
| --- | --- | --- | --- |
| Panel Models | 1 | 91 | +90 |
| Max Power | 170 W | 710 W | +540 W |
| Avg Power | 170 W | 528 W | +358 W |


## Efficiency


| Measure | ASM | Heliene | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 16.00% | 23.08% | +7.08 pp |
| Avg Efficiency | 16.00% | 21.47% | +5.47 pp |


## Reliability & Warranty


| Measure | ASM | Heliene | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.438%/°C | -0.315%/°C | +0.123 |
| Bifacial Share | 0 (0%) | 59 (65%) | +65 pp |
| Avg Warranty | - | 25.0 yrs |  |


## Efficiency distribution

Heliene skews to higher efficiency: 2% of lineup is 23%+


| Efficiency band | ASM | Heliene |
| --- | --- | --- |
| \<20% | 1 (100.0%) | 4 (4.4%) |
| 20-21% | 0 | 29 (31.9%) |
| 21-22% | 0 | 21 (23.1%) |
| 22-23% | 0 | 35 (38.5%) |
| 23%+ | 0 | 2 (2.2%) |


## Power distribution

Heliene offers more 600W+ panels (21% of lineup)


| Power band | ASM | Heliene |
| --- | --- | --- |
| \<400W | 1 (100.0%) | 10 (11.0%) |
| 400-499W | 0 | 22 (24.2%) |
| 500-599W | 0 | 40 (44.0%) |
| 600-699W | 0 | 16 (17.6%) |
| 700W+ | 0 | 3 (3.3%) |


## Cell technology

Dominant cell tech: **PERC** (43%)


| Technology | ASM | Heliene |
| --- | --- | --- |
| Unknown | 1 (100.0%) | 0 |
| PERC | 0 | 39 (42.9%) |
| N-type | 0 | 27 (29.7%) |
| TOPCon | 0 | 20 (22.0%) |
| HJT | 0 | 5 (5.5%) |


## 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, Heliene


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [132HC-710 G12 HJT Bifacial Module](https://comparepv.com/panel/heliene-132hc-710-g12-hjt-bifacial-module) | 710 | 22.9 | -0.260 | Monocrystalline |
| 2 | [132HC-705 G12 HJT Bifacial Module](https://comparepv.com/panel/heliene-132hc-705-g12-hjt-bifacial-module) | 705 | 22.7 | -0.260 | Monocrystalline |
| 3 | [132HC-700 G12 HJT Bifacial Module](https://comparepv.com/panel/heliene-132hc-700-g12-hjt-bifacial-module) | 700 | 22.5 | -0.260 | Monocrystalline |
| 4 | [132HC-695 G12 HJT Bifacial Module](https://comparepv.com/panel/heliene-132hc-695-g12-hjt-bifacial-module) | 695 | 22.4 | -0.260 | Monocrystalline |
| 5 | [132HC-690 G12 HJT Bifacial Module](https://comparepv.com/panel/heliene-132hc-690-g12-hjt-bifacial-module) | 690 | 22.2 | -0.260 | Monocrystalline |
| 6 | [156HC-645 M10 NTYP SL](https://comparepv.com/panel/heliene-156hc-645-m10-ntyp-sl) | 645 | 23.1 | -0.300 | Monocrystalline |
| 7 | [156HC-640 M10 NTYP SL](https://comparepv.com/panel/heliene-156hc-640-m10-ntyp-sl) | 640 | 22.9 | -0.300 | Monocrystalline |
| 8 | [156HC-635 M10 NTYP SL BIFACIAL MODULE](https://comparepv.com/panel/heliene-156hc-635-m10-ntyp-sl-bifacial-module) | 635 | 22.7 | -0.300 | Monocrystalline |
| 9 | [156HC-635 M10 NTYP SL](https://comparepv.com/panel/heliene-156hc-635-m10-ntyp-sl) | 635 | 22.7 | -0.300 | Monocrystalline |
| 10 | [156HC-630 M10 NTYP SL BIFACIAL MODULE](https://comparepv.com/panel/heliene-156hc-630-m10-ntyp-sl-bifacial-module) | 630 | 22.6 | -0.300 | Monocrystalline |


## Summary

ASM, which stands for Australian Solar Manufacturing, was founded in 2009 and is headquartered in Victoria, Australia. Rather than fabricating photovoltaic cells, ASM specialises in the domestic assembly of solar panels using components sourced from Germany, Japan, the United States, and China - making it one of only a handful of companies offering this service in Australia. It operates at a modest regional scale and does not appear on BloombergNEF Tier 1 bankability lists. Heliene was also founded in 2009 but in Ontario, Canada, and has since built out a multi-site North American manufacturing base with facilities in Minnesota, Florida, and Ontario. Heliene holds recognised Tier 1 bankable status with major financial institutions and is considered one of the faster-growing solar manufacturers in North America. In terms of institutional footprint and global standing, Heliene is substantially larger and more established.

ASM's assembled modules are tailored primarily to the Australian residential and small commercial market, where locally assembled products can carry procurement, supply chain, and policy value for buyers who prioritise domestic content. Heliene offers a considerably wider product range, from compact panels suited to residential rooftops up to high-wattage bifacial modules in the 580-710W class targeting commercial and utility-scale ground-mount projects. The company transitioned away from PERC cell technology through 2024, with TOPCon now serving as its primary cell platform and HJT also represented in the lineup. Reported average efficiency sits around 21.3%, and the North American manufacturing footprint lets buyers capture domestic-content tax incentives and avoid tariffs on Chinese imports.

For buyers outside Australia, Heliene is the more practical and better-documented choice - it serves a wider range of project sizes, carries confirmed Tier 1 status, and benefits from clear supply chain and incentive advantages in North America. ASM is a legitimate option for Australian residential or commercial projects where locally assembled modules are preferred or required, but its niche scale and limited global profile make it difficult to compare directly with a manufacturer of Heliene's institutional reach.

\---LINKS---

\- https://a1solarstore.com/blog/heliene-solar-panels-review-northern-neighbor.html \| Heliene solar panels review 2026 - A1 SolarStore \| review

\- https://www.energysage.com/solar-panels/heliene/ \| Heliene Solar Panels profile and specs - EnergySage \| review

\- https://electrek.co/2023/12/05/heliene-minnesota-solar-panel-manufacturing/ \| Heliene expands US solar panel manufacturing - Electrek \| article

\- https://pv-magazine-usa.com/2023/12/05/heliene-expands-solar-manufacturing-in-the-u-s/ \| Heliene expands solar manufacturing in the U.S. - pv magazine \| article

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

Sources:

\- \[Heliene solar panels review 2026 - A1 SolarStore\](https://a1solarstore.com/blog/heliene-solar-panels-review-northern-neighbor.html)

\- \[Heliene Solar Panels - EnergySage\](https://www.energysage.com/solar-panels/heliene/)

\- \[Heliene expands US solar panel manufacturing - Electrek\](https://electrek.co/2023/12/05/heliene-minnesota-solar-panel-manufacturing/)

\- \[Heliene expands solar manufacturing in the U.S. - pv magazine USA\](https://pv-magazine-usa.com/2023/12/05/heliene-expands-solar-manufacturing-in-the-u-s/)

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

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 Heliene](https://comparepv.com/ae-solar-vs-heliene)
- [ASM vs AEET](https://comparepv.com/asm-vs-aeet)
- [AIKO vs Heliene](https://comparepv.com/aiko-vs-heliene)
- [ASM vs AKCOME](https://comparepv.com/asm-vs-akcome)
- [ARTsolar vs Heliene](https://comparepv.com/artsolar-vs-heliene)


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

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