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

# ASM vs Hiwatt Solar

Hiwatt Solar has the broader catalog (109 vs 1 models). Hiwatt Solar leads on peak efficiency at 23.50%. Hiwatt Solar leans bifacial (13% of lineup).


## The two companies


| Attribute | ASM | Hiwatt Solar |
| --- | --- | --- |
| Country | Australia |  |
| Headquarters | Hallam, Victoria |  |
| Founded | 2009 |  |
| Employees | 1-10 |  |
| Annual capacity |  |  |
| Tier 1 | no | no |
| Listed |  |  |
| Website | [https://www.australiansolarmanufacturing.com.au](https://www.australiansolarmanufacturing.com.au) |  |

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...


## Catalog & Power


| Measure | ASM | Hiwatt Solar | Margin |
| --- | --- | --- | --- |
| Panel Models | 1 | 109 | +108 |
| Max Power | 170 W | 730 W | +560 W |
| Avg Power | 170 W | 476 W | +306 W |


## Efficiency


| Measure | ASM | Hiwatt Solar | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 16.00% | 23.50% | +7.50 pp |
| Avg Efficiency | 16.00% | 20.60% | +4.60 pp |


## Reliability & Warranty


| Measure | ASM | Hiwatt Solar | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.438%/°C | -0.340%/°C | +0.098 |
| Bifacial Share | 0 (0%) | 14 (13%) | +13 pp |
| Avg Warranty | - | 25.0 yrs |  |


## Efficiency distribution

Hiwatt Solar skews to higher efficiency: 8% of lineup is 23%+


| Efficiency band | ASM | Hiwatt Solar |
| --- | --- | --- |
| \<20% | 1 (100.0%) | 27 (24.8%) |
| 20-21% | 0 | 32 (29.4%) |
| 21-22% | 0 | 27 (24.8%) |
| 22-23% | 0 | 14 (12.8%) |
| 23%+ | 0 | 9 (8.3%) |


## Power distribution

Hiwatt Solar offers more 600W+ panels (18% of lineup)


| Power band | ASM | Hiwatt Solar |
| --- | --- | --- |
| \<400W | 1 (100.0%) | 33 (30.3%) |
| 400-499W | 0 | 30 (27.5%) |
| 500-599W | 0 | 26 (23.9%) |
| 600-699W | 0 | 15 (13.8%) |
| 700W+ | 0 | 5 (4.6%) |


## Cell technology

Dominant cell tech: **PERC** (46%)


| Technology | ASM | Hiwatt Solar |
| --- | --- | --- |
| Unknown | 1 (100.0%) | 21 (19.3%) |
| PERC | 0 | 50 (45.9%) |
| TOPCon | 0 | 33 (30.3%) |
| N-type | 0 | 5 (4.6%) |


## 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, Hiwatt Solar


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [HW-M12/132G-730](https://comparepv.com/panel/hiwatt-solar-hw-m12-132g-730) | 730 | 23.5 | -0.340 | Monocrystalline |
| 2 | [HW-M12/132G-725](https://comparepv.com/panel/hiwatt-solar-hw-m12-132g-725) | 725 | 23.3 | -0.340 | Monocrystalline |
| 3 | [HW-M12/132G-720](https://comparepv.com/panel/hiwatt-solar-hw-m12-132g-720) | 720 | 23.2 | -0.340 | Monocrystalline |
| 4 | [HW-M12/132G-715](https://comparepv.com/panel/hiwatt-solar-hw-m12-132g-715) | 715 | 23.0 | -0.340 | Monocrystalline |
| 5 | [HW-M12/132G-710](https://comparepv.com/panel/hiwatt-solar-hw-m12-132g-710) | 710 | 22.9 | -0.340 | Monocrystalline |
| 6 | [HW-M12/132H-670](https://comparepv.com/panel/hiwatt-solar-hw-m12-132h-670) | 670 | 21.6 | -0.340 | Monocrystalline |
| 7 | [HW-M12/132H-665](https://comparepv.com/panel/hiwatt-solar-hw-m12-132h-665) | 665 | 21.4 | -0.340 | Monocrystalline |
| 8 | [HW-M12/132H-660](https://comparepv.com/panel/hiwatt-solar-hw-m12-132h-660) | 660 | 21.2 | -0.340 | Monocrystalline |
| 9 | [HW-M12/132H-655](https://comparepv.com/panel/hiwatt-solar-hw-m12-132h-655) | 655 | 21.1 | -0.340 | Monocrystalline |
| 10 | [HW-M12/132H-650](https://comparepv.com/panel/hiwatt-solar-hw-m12-132h-650) | 650 | 20.9 | -0.340 | Monocrystalline |


## Summary

ASM, trading as Australian Solar Manufacturing Pty Ltd, is an Australian-based firm that positions itself as a pioneer in domestic solar panel assembly, producing monocrystalline modules primarily in the 175-200W class using imported components such as cells, EVA, and glass. The company also operates as an EPC (engineering, procurement, and construction) contractor for solar PV projects. Its presence in global industry databases is limited, and no evidence of BloombergNEF Tier 1 or comparable bankability recognition was returned by any of the sources searched. Hiwatt Solar Limited is headquartered in Changzhou, Jiangsu Province, China - one of the country's core solar manufacturing regions - and self-reports a module production capacity reaching 2.2 GW, covering a broad range of monocrystalline and polycrystalline formats. Hiwatt likewise does not appear on published BloombergNEF Tier 1 lists based on available search results. On institutional footprint alone, Hiwatt's stated GW-scale capacity and broader product catalog give it a wider market reach than ASM.

In terms of product families, ASM's documented lineup consists of standard-format monocrystalline panels suited to small residential and light commercial rooftop installations in the Australian market; the panel series listed in industry directories reflect an older wattage generation, and no confirmed shift to TOPCon or HJT cell technology was found. Hiwatt Solar offers a more contemporary range that includes large-format 210mm cell modules rated above 700W, half-cut cell designs, and single- and double-glass bifacial options, positioning it for both residential and commercial-to-utility applications. The ENF Solar directory confirms Hiwatt also maintains an agri-solar line, suggesting some specialisation in ground-mount and dual-use markets.

For a buyer in 2025, neither brand sits in the same tier as the major bankable names, but they serve different purposes. ASM is primarily relevant to Australian buyers who place a premium on domestically assembled product - a value proposition bolstered by federal incentives under the Solar SunShot program - rather than on cutting-edge cell efficiency or large-project bankability. Hiwatt is better suited to buyers sourcing cost-competitive Chinese modules across a wider wattage range, though independent third-party reviews of its field performance remain scarce, which adds procurement risk for large projects.

\---LINKS---

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

\- https://www.enfsolar.com/hiwatt-solar \| Hiwatt Solar Limited profile on ENF Solar \| article

\- http://www.hiwattsolar.com/profile/profileinfo/54.html \| Hiwatt Solar - company profile and capacity overview \| article

\- https://www.australiansolarmanufacturing.com.au/ \| Australian Solar Manufacturing - official product and services page \| article

\- https://www.renvu.com/blogs/learn/tier-1-solar-panels-list-2025-updated-manufacturers-rankings \| Tier 1 Solar Panel Manufacturers List 2025 - RENVU \| article

Sources:

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

\- \[Hiwatt Solar Limited on ENF Solar\](https://www.enfsolar.com/hiwatt-solar)

\- \[Hiwatt Solar company profile\](http://www.hiwattsolar.com/profile/profileinfo/54.html)

\- \[Australian Solar Manufacturing official site\](https://www.australiansolarmanufacturing.com.au/)

\- \[Tier 1 Solar Panel Manufacturers List 2025 - RENVU\](https://www.renvu.com/blogs/learn/tier-1-solar-panels-list-2025-updated-manufacturers-rankings)

Written by claude-sonnet from the figures above.


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Source: https://comparepv.com/asm-vs-hiwatt-solar

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