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ASM vs VEDA Solar - solar panel manufacturer comparison

ASM
Australia Founded 2009
Read the ASM review
VS
VEDA Solar
India Founded 2024
Read the VEDA Solar review
At a glance

VEDA Solar has the broader catalog (6 vs 1 models). VEDA Solar leads on peak efficiency at 23.60%. VEDA Solar leans bifacial (100% 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 6
Highest power
170 Wp 610 Wp
Best efficiency
16.0% 23.6%
Average efficiency
16.0% 22.6%
Bifacial share
0% 100%
Average warranty
- 30 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
VEDA Solar

VEDA SOLAR PRIVATE LIMITED is a private company that operates in the electricity, gas, steam, and air conditioning supply industry. The company is registered in Gujarat, India.

Founded
2024
Headquarters
Surat, Gujarat, India
Annual capacity
1.5 GW/year
02

Catalogue against catalogue

Averages over every model in the database
Metric ASM VEDA Solar
Catalog & Power
Panel Models 1 6+5
Max Power 170 W 610 W+440 W
Avg Power 170 W 585 W+415 W
Efficiency
Max Efficiency 16.00% 23.60%+7.60 pp
Avg Efficiency 16.00% 22.64%+6.64 pp
Reliability & Warranty
Avg Temp Coefficient -0.438%/°C -0.280%/°C+0.158
Bifacial Share 0 (0%) 6 (100%)+100 pp
Avg Warranty - 30.0 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

VEDA Solar skews to higher efficiency: 33% of lineup is 23%+

Power spread
Share of each catalogue in every power band

VEDA Solar offers more 600W+ panels (33% of lineup)

ASM cell technology
Share of their models by cell architecture
VEDA Solar cell technology
Share of their models by cell architecture

Dominant cell tech: <strong>TOPCon</strong> (100%)

04

The flagships

Highest-power models from each brand
05

Written summary

Checking cache...

ASM is a micro-scale Australian solar company founded in 2009 and operating with between one and ten employees; no production capacity figure is on record, it holds no Tier 1 bankability status, and its public product portfolio lists zero panels with no power or efficiency data available. VEDA Solar, by contrast, is a newly incorporated Indian manufacturer - registered in Gujarat in 2024 - that has announced a 1.5 GW TOPCon module manufacturing line being installed in partnership with equipment supplier Cliantech Solutions, with the plant targeting operational status in mid-2025. In terms of institutional footprint, VEDA Solar is clearly the more substantive commercial entity despite its very recent founding, while ASM appears to be at a pre-commercial or dormant stage with no verifiable product output.

On portfolio character the gap is equally stark. ASM offers no documented panels, so no power, efficiency, or warranty figures can be cited. VEDA Solar's six-model lineup is entirely TOPCon n-type and 100% bifacial, delivering an average of 585 Wp and peaking at 610 Wp, with average front-side efficiency of 22.6% and a top efficiency of 23.6%. The average temperature coefficient of -0.28%/degree C is notably low, meaning real-world high-temperature losses are limited - a meaningful advantage in India's climate. A 30-year average product warranty rounds out a specification set that sits squarely in the premium utility and large commercial segment, competitive with established Indian TOPCon producers such as Adani Solar and Pahal Solar.

For any buyer evaluating these two names in 2025, the practical choice is VEDA Solar by default, simply because ASM has no documented panels to purchase or finance. VEDA Solar's specifications are genuinely competitive within the Indian TOPCon cohort, though buyers should note its very short operating history and absence from Tier 1 bankability lists, which may complicate project finance for large installations. Independent performance data and third-party certifications - not yet publicly available - will be the next critical milestones for the brand.

Generated by Claude Sonnet · 2026-05-11

06

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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.

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.