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

# ASM vs Maxeon

Maxeon has the broader catalog (36 vs 1 models). Maxeon leads on peak efficiency at 24.00%. Maxeon leans bifacial (53% of lineup).


## The two companies


| Attribute | ASM | Maxeon |
| --- | --- | --- |
| Country | Australia | Singapore |
| Headquarters | Hallam, Victoria | Singapore |
| Founded | 2009 | 2020 |
| Employees | 1-10 |  |
| Annual capacity |  |  |
| Tier 1 | no | yes |
| Listed |  | NASDAQ: MAXN |
| Website | [https://www.australiansolarmanufacturing.com.au](https://www.australiansolarmanufacturing.com.au) | [https://www.maxeon.com](https://www.maxeon.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...


## Catalog & Power


| Measure | ASM | Maxeon | Margin |
| --- | --- | --- | --- |
| Panel Models | 1 | 36 | +35 |
| Max Power | 170 W | 555 W | +385 W |
| Avg Power | 170 W | 444 W | +274 W |


## Efficiency


| Measure | ASM | Maxeon | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 16.00% | 24.00% | +8.00 pp |
| Avg Efficiency | 16.00% | 21.36% | +5.36 pp |


## Reliability & Warranty


| Measure | ASM | Maxeon | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.438%/°C | -0.294%/°C | +0.144 |
| Bifacial Share | 0 (0%) | 19 (53%) | +53 pp |
| Avg Warranty | - | 31.4 yrs |  |


## Efficiency distribution

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


| Efficiency band | ASM | Maxeon |
| --- | --- | --- |
| \<20% | 1 (100.0%) | 7 (19.4%) |
| 20-21% | 0 | 4 (11.1%) |
| 21-22% | 0 | 8 (22.2%) |
| 22-23% | 0 | 14 (38.9%) |
| 23%+ | 0 | 3 (8.3%) |


## Power distribution


| Power band | ASM | Maxeon |
| --- | --- | --- |
| \<400W | 1 (100.0%) | 7 (19.4%) |
| 400-499W | 0 | 17 (47.2%) |
| 500-599W | 0 | 12 (33.3%) |


## Cell technology

Dominant cell tech: **Back Contact** (42%)


| Technology | ASM | Maxeon |
| --- | --- | --- |
| Unknown | 1 (100.0%) | 0 |
| Back Contact | 0 | 15 (41.7%) |
| TOPCon | 0 | 12 (33.3%) |
| PERC | 0 | 7 (19.4%) |
| Flexible | 0 | 2 (5.6%) |


## 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, Maxeon


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [SPR-P7-555-COM-S](https://comparepv.com/panel/maxeon-spr-p7-555-com-s) | 555 | 22.7 | -0.290 | Monocrystalline |
| 2 | [SPR-P7-550-COM-S](https://comparepv.com/panel/maxeon-spr-p7-550-com-s) | 550 | 22.5 | -0.290 | Monocrystalline |
| 3 | [SPR-P7-545-COM-S](https://comparepv.com/panel/maxeon-spr-p7-545-com-s) | 545 | 22.3 | -0.290 | Monocrystalline |
| 4 | [SPR-P7-540-COM-S](https://comparepv.com/panel/maxeon-spr-p7-540-com-s) | 540 | 22.1 | -0.290 | Monocrystalline |
| 5 | [SPR-P7-535-COM-S](https://comparepv.com/panel/maxeon-spr-p7-535-com-s) | 535 | 21.9 | -0.290 | Monocrystalline |
| 6 | [SPR-P7-530-COM-S](https://comparepv.com/panel/maxeon-spr-p7-530-com-s) | 530 | 21.7 | -0.290 | Monocrystalline |
| 7 | [SPR-P6-525-UPP](https://comparepv.com/panel/maxeon-spr-p6-525-upp) | 525 | 20.2 | -0.340 | Monocrystalline |
| 8 | [SPR-P6-520-UPP](https://comparepv.com/panel/maxeon-spr-p6-520-upp) | 520 | 20.0 | -0.340 | Monocrystalline |
| 9 | [SPR-P6-515-UPP](https://comparepv.com/panel/maxeon-spr-p6-515-upp) | 515 | 19.8 | -0.340 | Monocrystalline |
| 10 | [SPR-P6-510-UPP](https://comparepv.com/panel/maxeon-spr-p6-510-upp) | 510 | 19.6 | -0.340 | Monocrystalline |


## Summary

ASM is a small Australian panel assembler founded in 2009 and headquartered in Melbourne. Rather than fabricating photovoltaic cells itself, ASM sources components from Germany, Japan, the United States, and China and assembles them domestically, giving local buyers a locally produced product. The company is privately held with a staff of fewer than a dozen people and serves primarily the Australian residential market. ASM does not appear on BloombergNEF's Tier 1 bankability list, which reflects its niche scale and limited non-recourse financing track record. Maxeon Solar Technologies, by contrast, was spun off from SunPower Corporation in August 2020 and is headquartered in Singapore, with TCL Zhonghuan as a cornerstone investor following a $298 million stake at spin-off. Maxeon holds BloombergNEF Tier 1 status, operates sales in more than 100 countries, and holds over 1,600 patents. By any institutional measure, Maxeon carries the significantly stronger global footprint.

Maxeon's flagship lines are built on proprietary IBC (Interdigitated Back Contact) technology, which moves all metal contacts to the rear of the cell and enables efficiency ratings of up to 24% alongside an annual degradation rate of around 0.25% - roughly half the industry average. The company backs its panels with a warranty of up to 40 years and targets premium residential and commercial rooftop applications worldwide. ASM's catalog has historically centered on monocrystalline modules in the 170-200W output class - a range well below modern mainstream power levels - with the brand's core value proposition being local assembly and Australian provenance rather than cell-technology leadership.

For most buyers in 2025, Maxeon is the clear default where performance and long-term reliability matter. Its Tier 1 status, IBC efficiency advantage, global service network, and industry-leading warranty justify the premium. ASM may hold appeal for Australian buyers with a strong preference for domestically assembled products, but its limited scale, absence from bankability lists, and lower-wattage portfolio make it a niche choice rather than a general recommendation.

\---LINKS---

\- https://www.energysage.com/solar/best-solar-panels-complete-ranking/maxeon-solar-panel-review/ \| Maxeon Solar Panel Review - Top Tier and Top Dollar \| review

\- https://www.solarreviews.com/blog/maxeon-solar-panels-expert-review \| Expert Review of Maxeon Solar Panels - SolarReviews \| review

\- https://www.sunhub.com/blog/maxeon-solar-panels-review-2025-efficiency-cost-and-warranty/ \| Maxeon Solar Panels Review 2025 - Efficiency, Cost and Warranty \| review

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

Sources:

\- \[Maxeon Solar Panel Review - EnergySage\](https://www.energysage.com/solar/best-solar-panels-complete-ranking/maxeon-solar-panel-review/)

\- \[Expert Review of Maxeon Solar Panels - SolarReviews\](https://www.solarreviews.com/blog/maxeon-solar-panels-expert-review)

\- \[Maxeon Solar Panels Review 2025 - Sunhub\](https://www.sunhub.com/blog/maxeon-solar-panels-review-2025-efficiency-cost-and-warranty/)

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

\- \[Maxeon Solar Technologies - BusinessABC\](https://businessabc.net/wiki/maxeon-solar-technologies)

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


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

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