--- title: "ASM vs Reliance New Energy - Brand Comparison | ComparePV" description: "Compare ASM vs Reliance New Energy solar panels: full portfolio, efficiency, cell technology breakdown, warranty terms and company background." source: "https://comparepv.com/asm-vs-reliance-new-energy" --- # ASM vs Reliance New Energy Reliance New Energy has the broader catalog (7 vs 1 models). Reliance New Energy leads on peak efficiency at 23.10%. Reliance New Energy leans bifacial (100% of lineup). ## The two companies | Attribute | ASM | Reliance New Energy | | --- | --- | --- | | Country | Australia | India | | Headquarters | Hallam, Victoria | Mumbai | | Founded | 2009 | 2021 | | Employees | 1-10 | | | Annual capacity | | 10-20 GW/year | | Tier 1 | no | yes | | Listed | | | | Website | [https://www.australiansolarmanufacturing.com.au](https://www.australiansolarmanufacturing.com.au) | [https://www.ril.com/businesses/new-energy-materials](https://www.ril.com/businesses/new-energy-materials) | 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... Reliance New Energy Limited (RNEL) is a wholly-owned subsidiary of Reliance Industries Limited, India's largest conglomerate, established to build an integrated renewable energy business. It is developing solar photovoltaic module and cell manufacturing at the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar... ## Catalog & Power | Measure | ASM | Reliance New Energy | Margin | | --- | --- | --- | --- | | Panel Models | 1 | 7 | +6 | | Max Power | 170 W | 720 W | +550 W | | Avg Power | 170 W | 705 W | +535 W | ## Efficiency | Measure | ASM | Reliance New Energy | Margin | | --- | --- | --- | --- | | Max Efficiency | 16.00% | 23.10% | +7.10 pp | | Avg Efficiency | 16.00% | 22.64% | +6.64 pp | ## Reliability & Warranty | Measure | ASM | Reliance New Energy | Margin | | --- | --- | --- | --- | | Avg Temp Coefficient | -0.438%/°C | -0.240%/°C | +0.198 | | Bifacial Share | 0 (0%) | 7 (100%) | +100 pp | | Avg Warranty | - | 30.0 yrs | | ## Efficiency distribution Reliance New Energy skews to higher efficiency: 29% of lineup is 23%+ | Efficiency band | ASM | Reliance New Energy | | --- | --- | --- | | \<20% | 1 (100.0%) | 0 | | 22-23% | 0 | 5 (71.4%) | | 23%+ | 0 | 2 (28.6%) | ## Power distribution Reliance New Energy offers more 600W+ panels (100% of lineup) | Power band | ASM | Reliance New Energy | | --- | --- | --- | | \<400W | 1 (100.0%) | 0 | | 600-699W | 0 | 2 (28.6%) | | 700W+ | 0 | 5 (71.4%) | ## Cell technology Dominant cell tech: **HJT** (100%) | Technology | ASM | Reliance New Energy | | --- | --- | --- | | Unknown | 1 (100.0%) | 0 | | HJT | 0 | 7 (100.0%) | ## 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, Reliance New Energy | # | Model | Power | Efficiency | Temp. coefficient | Technology | | --- | --- | --- | --- | --- | --- | | 1 | [RNE720AA-66-BGG](https://comparepv.com/panel/reliance-new-energy-rne720aa-66-bgg) | 720 | 23.1 | -0.240 | Monocrystalline | | 2 | [RNE715AA-66-BGG](https://comparepv.com/panel/reliance-new-energy-rne715aa-66-bgg) | 715 | 23.0 | -0.240 | Monocrystalline | | 3 | [RNE710AA-66-BGG](https://comparepv.com/panel/reliance-new-energy-rne710aa-66-bgg) | 710 | 22.8 | -0.240 | Monocrystalline | | 4 | [RNE705AA-66-BGG](https://comparepv.com/panel/reliance-new-energy-rne705aa-66-bgg) | 705 | 22.6 | -0.240 | Monocrystalline | | 5 | [RNE700AA-66-BGG](https://comparepv.com/panel/reliance-new-energy-rne700aa-66-bgg) | 700 | 22.5 | -0.240 | Monocrystalline | | 6 | [RNE695AA-66-BGG](https://comparepv.com/panel/reliance-new-energy-rne695aa-66-bgg) | 695 | 22.3 | -0.240 | Monocrystalline | | 7 | [RNE690AA-66-BGG](https://comparepv.com/panel/reliance-new-energy-rne690aa-66-bgg) | 690 | 22.2 | -0.240 | Monocrystalline | ## Summary ASM is a small Australian solar panel assembler, trading as Australian Solar Manufacturing Pty Ltd, operating from a Melbourne facility where it assembles monocrystalline modules using cells sourced internationally rather than fabricating them domestically. It offers a 10 year workmanship guarantee and a 25 year power output warranty, but available sources do not list it among BloombergNEF Tier 1 bankable manufacturers, consistent with its positioning as a niche, locally focused assembler rather than a large vertically integrated producer. Reliance New Energy, the renewables arm of India's Reliance Industries, is a much newer entrant that commissioned the first gigawatt-scale line of its planned 10 GW heterojunction (HJT) solar module facility in Gujarat in April 2025, with modular expansion potential up to 20 GW and a fully integrated chain from polysilicon through to finished modules. No confirmed BloombergNEF Tier 1 listing was found for Reliance New Energy either, likely a reflection of its recent commissioning, but its backing by one of India's largest industrial conglomerates and its scale of planned capacity give it a far stronger institutional and financial footprint than ASM. In terms of product focus, ASM's offering is aimed squarely at Australian residential rooftop installations, where buyers value locally assembled hardware, domestic warranty support, and compliance with Australian standards, rather than global utility-scale deployment. Reliance New Energy, by contrast, is building toward utility-scale and large commercial supply, with its initial HJT line producing high-wattage modules (around 720 Wp) suited to large ground-mount and industrial projects, and its integrated polysilicon-to-module strategy signals an ambition to compete with major Chinese Tier 1 players on cost and scale within the Indian and export markets. For a typical buyer in 2025, the right choice depends heavily on context rather than one brand being categorically superior. An Australian homeowner prioritizing local support and workmanship warranty may reasonably prefer ASM, while a developer or EPC evaluating large-scale projects, particularly in India, would be more interested in Reliance New Energy's scale, HJT technology, and conglomerate backing, though its lack of an established bankability track record as a new entrant warrants closer project-level due diligence than an established Tier 1 name would require. \---LINKS--- \- https://www.pv-magazine.com/2025/04/28/reliance-industries-switches-on-gw-scale-heterojunction-pv-module-line/ \| Reliance Industries switches on GW-scale heterojunction PV module line \| article \- https://taiyangnews.info/markets/reliance-commissions-first-solar-module-line \| Reliance Industries Commissions 1st Line of 10 GW Solar Manufacturing \| article \- https://www.mercomindia.com/reliance-commissions-solar-module-manufacturing-facility \| Reliance Commissions First Line of GW-Scale Solar Module Facility \| article \- https://www.energymatters.com.au/renewable-news/tier-1-solar-panels-australia/ \| What Are Tier 1 Solar Panels? (Don't Get Scammed) \| article \- https://assets.bnef.com/public/tiering/solarmodules.pdf \| BloombergNEF Tier 1 Solar Module Methodology \| article Written by claude-sonnet-5 from the figures above. ## Other comparisons - [ASM vs A.B. Energy](https://comparepv.com/asm-vs-a-b-energy) - [AE Solar vs Reliance New Energy](https://comparepv.com/ae-solar-vs-reliance-new-energy) - [ASM vs AEET](https://comparepv.com/asm-vs-aeet) - [AIKO vs Reliance New Energy](https://comparepv.com/aiko-vs-reliance-new-energy) - [ASM vs AKCOME](https://comparepv.com/asm-vs-akcome) - [ARTsolar vs Reliance New Energy](https://comparepv.com/artsolar-vs-reliance-new-energy) --- Source: https://comparepv.com/asm-vs-reliance-new-energy Not in this file, on the page: the distributions above drawn as charts.