--- title: "ASM vs Top Solar - Brand Comparison | ComparePV" description: "Compare ASM vs Top Solar solar panels: full portfolio, efficiency, cell technology breakdown, warranty terms and company background." source: "https://comparepv.com/asm-vs-top-solar" --- # ASM vs Top Solar Top Solar leads on peak efficiency at 18.60%. ## The two companies | Attribute | ASM | Top Solar | | --- | --- | --- | | Country | Australia | China | | Headquarters | Hallam, Victoria | Shenzhen | | Founded | 2009 | | | Employees | 1-10 | 200+ | | Annual capacity | | \<1 GW/year | | Tier 1 | no | | | Listed | | | | Website | [https://www.australiansolarmanufacturing.com.au](https://www.australiansolarmanufacturing.com.au) | [https://www.topsolar-energy.com](https://www.topsolar-energy.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... Shenzhen Top Solar Energy Co., Ltd. is a Chinese solar panel manufacturer specializing in monocrystalline, flexible, folding, and portable solar panels, as well as off-grid and on-grid solar power systems. The company has its own R&D teams and production lines, serving customers across the US, Europe, Japan, the... ## Catalog & Power | Measure | ASM | Top Solar | Margin | | --- | --- | --- | --- | | Panel Models | 1 | 1 | | | Max Power | 170 W | 150 W | +20 W | | Avg Power | 170 W | 150 W | +20 W | ## Efficiency | Measure | ASM | Top Solar | Margin | | --- | --- | --- | --- | | Max Efficiency | 16.00% | 18.60% | +2.60 pp | | Avg Efficiency | 16.00% | 18.60% | +2.60 pp | ## Reliability & Warranty | Measure | ASM | Top Solar | Margin | | --- | --- | --- | --- | | Avg Temp Coefficient | -0.438%/°C | -0.420%/°C | +0.018 | | Bifacial Share | 0 (0%) | 0 (0%) | | | Avg Warranty | - | - | | ## Efficiency distribution | Efficiency band | ASM | Top Solar | | --- | --- | --- | | \<20% | 1 (100.0%) | 1 (100.0%) | ## Power distribution | Power band | ASM | Top Solar | | --- | --- | --- | | \<400W | 1 (100.0%) | 1 (100.0%) | ## Cell technology Dominant cell tech: **Back Contact** (100%) | Technology | ASM | Top Solar | | --- | --- | --- | | Unknown | 1 (100.0%) | 0 | | Back Contact | 0 | 1 (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, Top Solar | # | Model | Power | Efficiency | Temp. coefficient | Technology | | --- | --- | --- | --- | --- | --- | | 1 | [TS-EFS150M](https://comparepv.com/panel/top-solar-ts-efs150m) | 150 | 18.6 | -0.420 | Monocrystalline | ## Summary ASM, short for Australian Solar Manufacturing, is a small-scale panel assembler headquartered in Keysborough, Victoria, Australia. The company markets itself as one of the only domestic solar panel manufacturers in Australia, assembling monocrystalline modules locally using components sourced from overseas suppliers. It does not appear on BloombergNEF Tier 1 bankability lists, placing it firmly in the boutique or niche tier of the global industry rather than among bankable utility-scale suppliers. Top Solar, by contrast, is a brand for which substantive independent trade coverage is very limited in publicly available sources; it does not surface in BloombergNEF Tier 1 rankings, Wood Mackenzie market reports, or the major industry databases reviewed for this analysis. On institutional footprint, ASM at least carries a verifiable domestic manufacturing identity, while Top Solar's broader market standing is difficult to assess from available evidence. ASM's published product catalog - based on ENF Solar datasheet records - covers crystalline monocrystalline modules in a relatively modest wattage range, suggesting the lineup was originally oriented toward smaller residential rooftop installations within Australia. Whether the company has since introduced higher-output or N-type TOPCon products could not be confirmed from current public sources. Top Solar's typical product families, dominant cell technology, and primary target market also remain unclear; no credible third-party review, datasheet repository entry, or trade press coverage emerged to characterise its module mix. For a typical buyer evaluating these two brands in 2025, neither offers the financial credibility, global service network, or independently verified performance record of established Tier 1 manufacturers. If locally assembled Australian provenance is the primary selection criterion, ASM carries some niche appeal. Because reliable comparative data on Top Solar is unavailable from public industry sources, a direct head-to-head verdict cannot be made responsibly - buyers seeking bankability and long-term warranty security would be better served by a more widely recognised brand regardless. \---LINKS--- \- https://www.enfsolar.com/asm \| Australian Solar Manufacturing - ASM company profile on ENF Solar \| review \- https://www.enfsolar.com/pv/panel-datasheet/crystalline/13395 \| ASM185M monocrystalline panel datasheet - ENF Solar \| review Sources: \- \[Australian Solar Manufacturing Pty Ltd \| Solar Panels \| Australia\](https://www.enfsolar.com/asm) \- \[ASM \| ASM185M \| Solar Panel Datasheet \| ENF Panel Directory\](https://www.enfsolar.com/pv/panel-datasheet/crystalline/13395) 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 Top Solar](https://comparepv.com/ae-solar-vs-top-solar) - [ASM vs AEET](https://comparepv.com/asm-vs-aeet) - [AIKO vs Top Solar](https://comparepv.com/aiko-vs-top-solar) - [ASM vs AKCOME](https://comparepv.com/asm-vs-akcome) - [ARTsolar vs Top Solar](https://comparepv.com/artsolar-vs-top-solar) --- Source: https://comparepv.com/asm-vs-top-solar Not in this file, on the page: the distributions above drawn as charts.