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ASM vs Risen - solar panel manufacturer comparison

ASM
Australia Founded 2009
Read the ASM review
VS
Risen
China Founded 1986 Tier 1
Read the Risen review
At a glance

Risen has the broader catalog (153 vs 1 models). Risen leads on peak efficiency at 24.00%. Risen leans bifacial (82% 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
1 153
Highest power
170 Wp 745 Wp
Best efficiency
16.0% 24.0%
Average efficiency
16.0% 21.8%
Bifacial share
0% 82%
Average warranty
- 29 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
Risen
Founded
1986
Headquarters
Ninghai, China
Tier 1 bankable
Yes
02

Catalogue against catalogue

Averages over every model in the database
Metric ASM Risen
Catalog & Power
Panel Models 1 153+152
Max Power 170 W 745 W+575 W
Avg Power 170 W 547 W+377 W
Efficiency
Max Efficiency 16.00% 24.00%+8.00 pp
Avg Efficiency 16.00% 21.82%+5.82 pp
Reliability & Warranty
Avg Temp Coefficient -0.438%/°C -0.291%/°C+0.147
Bifacial Share 0 (0%) 125 (82%)+82 pp
Avg Warranty - 29.1 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

Risen skews to higher efficiency: 10% of lineup is 23%+

Power spread
Share of each catalogue in every power band

Risen offers more 600W+ panels (39% of lineup)

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

Dominant cell tech: <strong>TOPCon</strong> (39%)

04

The flagships

Highest-power models from each brand
05

Written summary

Checking cache...

ASM, operating as Australian Solar Manufacturing Pty Ltd, is a small-scale panel assembler headquartered in Australia and founded around 2009. Rather than fabricating photovoltaic cells itself, ASM sources components from established suppliers in Germany, Japan, the United States, and China and assembles them domestically. Its product range sits at the lower end of the wattage spectrum - early lines covered roughly 170-200 Wp - and the company targets buyers who place a strong premium on local provenance. ASM does not appear on Bloomberg NEF Tier 1 bankability lists and has no significant documented presence in global installer rankings. Risen Energy, by contrast, is a publicly listed Chinese manufacturer founded in 1986 that pivoted to solar in 2002; it holds confirmed Bloomberg NEF Tier 1 status for both modules and energy storage, operates roughly 40 GW of annual production capacity, and shipped approximately 25 GW of modules in 2024, placing it among the top five global suppliers by volume. On institutional footprint alone, Risen is in a different league.

Risen's current lineup spans PERC, TOPCon, and HJT cell technologies, covering residential rooftop systems, commercial flat-roof installations, and large utility-scale ground mounts. Its Titan and HJT series target buyers seeking premium efficiency, while its mainstream TOPCon lines compete on price-per-watt for budget-conscious commercial projects. ASM's offering, assembled from imported cells, is effectively suited only to Australian buyers with a policy or procurement requirement for locally assembled product; the range is narrow and not meaningfully differentiated on cell technology.

For most buyers outside Australia - and arguably for many inside it - Risen is the more practical default choice in 2025. It offers broader product choice, a globally recognised warranty backstop, and well-documented bankability for project finance. ASM fills a legitimate niche for domestically sourced procurement in Australia, but cannot match Risen on technology breadth, certified capacity, or international market access.

Generated by Claude Sonnet · 2026-05-25

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 21 Risen 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.