--- title: "ASM vs Sigenergy - Brand Comparison | ComparePV" description: "Compare ASM vs Sigenergy solar panels: full portfolio, efficiency, cell technology breakdown, warranty terms and company background." source: "https://comparepv.com/asm-vs-sigenergy" --- # ASM vs Sigenergy ASM has the broader catalog (1 vs 0 models). ## The two companies | Attribute | ASM | Sigenergy | | --- | --- | --- | | Country | Australia | China | | Headquarters | Hallam, Victoria | Shanghai | | Founded | 2009 | 2022 | | Employees | 1-10 | 500-1000 | | Annual capacity | | | | Tier 1 | no | | | Listed | | HKEX: 6656 | | Website | [https://www.australiansolarmanufacturing.com.au](https://www.australiansolarmanufacturing.com.au) | [https://www.sigenergy.com](https://www.sigenergy.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... Sigenergy is a Shanghai-based energy technology company specializing in all-in-one solar inverters, battery energy storage systems (BESS), and EV chargers for residential, commercial, and utility-scale applications. Founded in 2022 by Tony Xu, a former Huawei Smart PV executive, the company positions itself as the... ## Catalog & Power | Measure | ASM | Sigenergy | Margin | | --- | --- | --- | --- | | Panel Models | 1 | 0 | +1 | | Max Power | 170 W | 0 W | +170 W | | Avg Power | 170 W | 0 W | +170 W | ## Efficiency | Measure | ASM | Sigenergy | Margin | | --- | --- | --- | --- | | Max Efficiency | 16.00% | - | | | Avg Efficiency | 16.00% | - | | ## Reliability & Warranty | Measure | ASM | Sigenergy | Margin | | --- | --- | --- | --- | | Avg Temp Coefficient | -0.438%/°C | - | | | Bifacial Share | 0 (0%) | 0 (0%) | | | Avg Warranty | - | - | | ## Efficiency distribution | Efficiency band | ASM | Sigenergy | | --- | --- | --- | | \<20% | 1 (100.0%) | 0 | ## Power distribution | Power band | ASM | Sigenergy | | --- | --- | --- | | \<400W | 1 (100.0%) | 0 | ## Cell technology | Technology | ASM | Sigenergy | | --- | --- | --- | | Unknown | 1 (100.0%) | 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 | ## Summary ASM, or Australian Solar Manufacturing, is a small domestic assembler based in Australia that builds crystalline monocrystalline photovoltaic modules using components sourced from Germany, Japan, the United States, and China. The company targets the local Australian residential market and operates at a modest scale, with no confirmed Tier 1 or BloombergNEF bankability classification in available sources. Sigenergy is a markedly different proposition: a Chinese energy technology company founded in 2022 and headquartered in Shanghai, established by Tony Xu and Zhang Xianmiao, both veterans of Huawei's Smart PV division. Sigenergy achieved annual revenue exceeding USD 180 million in 2024, representing roughly 23-fold growth year-over-year, and listed on a public exchange in April 2026. In terms of institutional footprint and growth trajectory, Sigenergy is significantly larger and more internationally visible. There is an important product distinction that any buyer should understand before comparing these two brands directly. ASM produces solar panel modules - the physical glass-and-cell units mounted on a roof or ground frame - with a confirmed power range in the 170-200 Wp bracket, which is modest by current market standards. Sigenergy, by contrast, does not manufacture solar panels; the company's core product is the SigenStor, a 5-in-1 integrated system combining a hybrid inverter, battery storage, EV DC charging, power conversion, and AI-driven energy management. Their product lineup is aimed at residential and commercial buyers who want a complete behind-the-meter energy system to pair with panels from any manufacturer. Sigenergy also offers standalone PV inverters and microinverters for utility-scale and distributed applications. For a buyer seeking solar modules, ASM and Sigenergy are not interchangeable - they operate at different points in the solar supply chain entirely. A homeowner looking for panels faces a choice between ASM's domestically assembled product, positioned around Australian-made provenance, and a global Tier 1 module brand; Sigenergy would then be a candidate for the inverter and storage layer of the same system. Any comparison treating the two as direct panel-for-panel rivals would be misleading. \---LINKS--- \- https://www.enfsolar.com/asm \| Australian Solar Manufacturing profile - ENF Solar database \| article \- https://www.pv-magazine.com/2024/08/07/sigenergy-wants-to-conquer-the-commercial-photovoltaic-storage-market-with-artificial-intelligence/ \| Sigenergy targets commercial PV storage with AI - PV Magazine \| article \- https://www.solarquotes.com.au/battery-storage/reviews/sigenergy-review.html \| Sigenergy SigenStor battery review - SolarQuotes Australia \| review \- https://www.aztechsolar.com.au/how-good-are-sigenergy-batteries/ \| Sigenergy battery review 2025 - Aztech Solar \| review Sources: \- \[Australian Solar Manufacturing profile - ENF Solar\](https://www.enfsolar.com/asm) \- \[Sigenergy targets commercial PV storage with AI - PV Magazine\](https://www.pv-magazine.com/2024/08/07/sigenergy-wants-to-conquer-the-commercial-photovoltaic-storage-market-with-artificial-intelligence/) \- \[Sigenergy SigenStor battery review - SolarQuotes Australia\](https://www.solarquotes.com.au/battery-storage/reviews/sigenergy-review.html) \- \[Sigenergy battery review 2025 - Aztech Solar\](https://www.aztechsolar.com.au/how-good-are-sigenergy-batteries/) 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 Sigenergy](https://comparepv.com/ae-solar-vs-sigenergy) - [ASM vs AEET](https://comparepv.com/asm-vs-aeet) - [AIKO vs Sigenergy](https://comparepv.com/aiko-vs-sigenergy) - [ASM vs AKCOME](https://comparepv.com/asm-vs-akcome) - [ARTsolar vs Sigenergy](https://comparepv.com/artsolar-vs-sigenergy) --- Source: https://comparepv.com/asm-vs-sigenergy Not in this file, on the page: the distributions above drawn as charts.