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ASM vs REC - solar panel manufacturer comparison

ASM
Australia Founded 2009
Read the ASM review
VS
REC
Norway Founded 1996 Tier 1
Read the REC review
At a glance

REC has the broader catalog (58 vs 1 models). REC leads on peak efficiency at 22.80%. REC leans bifacial (59% 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 58
Highest power
170 Wp 640 Wp
Best efficiency
16.0% 22.8%
Average efficiency
16.0% 18.9%
Bifacial share
0% 59%
Average warranty
- 26 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
REC
Founded
1996
Headquarters
Sandvika, Norway
Tier 1 bankable
Yes
02

Catalogue against catalogue

Averages over every model in the database
Metric ASM REC
Catalog & Power
Panel Models 1 58+57
Max Power 170 W 640 W+470 W
Avg Power 170 W 385 W+215 W
Efficiency
Max Efficiency 16.00% 22.80%+6.80 pp
Avg Efficiency 16.00% 18.92%+2.92 pp
Reliability & Warranty
Avg Temp Coefficient -0.438%/°C -0.300%/°C+0.138
Bifacial Share 0 (0%) 34 (59%)+59 pp
Avg Warranty - 25.5 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
Power spread
Share of each catalogue in every power band

REC offers more 600W+ panels (17% of lineup)

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

Dominant cell tech: <strong>HJT</strong> (59%)

04

The flagships

Highest-power models from each brand
05

Written summary

Checking cache...

ASM (Australian Solar Manufacturing) is a small, Australian-owned assembler established around 2009 and headquartered in Hallam, Victoria. The company sources photovoltaic cells and components from international suppliers and assembles them domestically for the Australian market. It does not appear on BloombergNEF's Tier 1 bankability list and operates at a niche scale with no confirmed large-scale production capacity on record. REC Group, by contrast, was founded in 1996 in Norway and relocated manufacturing to Singapore, where it runs a highly automated production plant reportedly turning out around 26 million panels annually. REC carries confirmed Tier 1 BNEF status and since its acquisition by India's Reliance Industries in 2021 has broader institutional backing. On institutional footprint and global bankability, REC is substantially the stronger brand.

ASM's catalog consists of conventional monocrystalline modules aimed at budget-conscious Australian residential and small commercial rooftop buyers. Its older product lines were built around standard crystalline silicon at modest wattages, and no adoption of newer cell architectures such as TOPCon or HJT has been confirmed through available sources. REC's lineup centers on the Alpha Pure and Alpha Pro M series, which use heterojunction (HJT) technology to achieve verified efficiencies up to 22.6%, alongside the TwinPeak series for broader commercial and industrial rooftop applications. REC backs its panels with a 25-year combined product and performance warranty that guarantees at least 92% of rated output after 25 years - well above the industry norm.

For most buyers in 2025, REC is the default choice. It offers confirmed HJT technology, deep warranty coverage, Tier 1 bankability, and a global installer network, at a price premium that independent reviewers note is still meaningfully lower than comparable premium competitors. ASM may suit buyers with a firm preference for Australian-assembled products, but it cannot match REC on efficiency, market reach, or financial standing. These two brands are not interchangeable - they occupy different tiers of the market entirely.

Generated by Claude Sonnet · 2026-06-10

06

Other brand comparisons

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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.

Shop prices: See 7 REC offers

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.