--- title: "ASM vs Veichi Electric - Brand Comparison | ComparePV" description: "Compare ASM vs Veichi Electric solar panels: full portfolio, efficiency, cell technology breakdown, warranty terms and company background." source: "https://comparepv.com/asm-vs-veichi-electric" --- # ASM vs Veichi Electric ASM has the broader catalog (1 vs 0 models). ## The two companies | Attribute | ASM | Veichi Electric | | --- | --- | --- | | Country | Australia | China | | Headquarters | Hallam, Victoria | Suzhou | | Founded | 2009 | 2005 | | Employees | 1-10 | 1000-2000 | | Annual capacity | | | | Tier 1 | no | | | Listed | | SSE STAR Market: 688698 | | Website | [https://www.australiansolarmanufacturing.com.au](https://www.australiansolarmanufacturing.com.au) | [https://www.veichi.com](https://www.veichi.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... Veichi Electric (Suzhou Veichi Electric Co., Ltd.) is a Chinese high-tech manufacturer specializing in industrial automation and electric drive products, including variable frequency drives, servo systems, PLCs, HMIs, and solar inverters. The company serves sectors such as smart manufacturing, robotics, and new... ## Catalog & Power | Measure | ASM | Veichi Electric | 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 | Veichi Electric | Margin | | --- | --- | --- | --- | | Max Efficiency | 16.00% | - | | | Avg Efficiency | 16.00% | - | | ## Reliability & Warranty | Measure | ASM | Veichi Electric | Margin | | --- | --- | --- | --- | | Avg Temp Coefficient | -0.438%/°C | - | | | Bifacial Share | 0 (0%) | 0 (0%) | | | Avg Warranty | - | - | | ## Efficiency distribution | Efficiency band | ASM | Veichi Electric | | --- | --- | --- | | \<20% | 1 (100.0%) | 0 | ## Power distribution | Power band | ASM | Veichi Electric | | --- | --- | --- | | \<400W | 1 (100.0%) | 0 | ## Cell technology | Technology | ASM | Veichi Electric | | --- | --- | --- | | 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 (Australian Solar Manufacturing Pty Ltd) is an Australian company founded in 2009 and headquartered in Victoria. Rather than producing photovoltaic cells in-house, ASM assembles panels domestically using components sourced from international suppliers, making it one of the very few locally operating assemblers on the continent. Veichi Electric (Suzhou Veichi Electric Co., Ltd., stock code: 688698) is a Chinese company headquartered in Suzhou, with production bases also in Shenzhen and Xi'an and a wholly-owned subsidiary in India. Originally an industrial automation and electric drive specialist, Veichi has expanded into solar panels and inverters in recent years. Neither company appears on BloombergNEF's Tier 1 module list, and neither has a confirmed GW-scale panel production capacity in independently verified sources. On institutional footprint, Veichi holds the stronger position, backed by a domestic stock exchange listing and active participation at major international PV exhibitions including SNEC 2025. ASM targets residential and small commercial rooftop installations within Australia, with its positioning built around local assembly, Australian ownership, and proximity-based after-sales support. Veichi's solar panel lineup - the VCS-108H, VCS-144H, and VCS-156H series - spans a broader power range up to around 630W in both monofacial and bifacial monocrystalline configurations, appearing suited to commercial rooftop and light utility applications. Veichi's panels are sold alongside a range of hybrid and on-grid inverters, giving the brand a more integrated PV-and-storage offering than ASM can match. Independent sources confirm monocrystalline cell technology across Veichi's panel range, though the specific cell architecture (TOPCon or PERC) was not definitively confirmed outside the manufacturer's own materials. For a typical buyer in 2025, ASM is most relevant for Australian customers who specifically value local assembly and domestic support, accepting a narrower product selection in exchange. Veichi is the more practical choice for commercial or light-utility buyers in Asian and African markets where the company has distribution and where bundling panels with its inverter line adds real value. For projects requiring strong bankability or international project financing, both brands warrant careful due-diligence against established Tier 1 alternatives. \---LINKS--- \- https://www.enfsolar.com/asm \| ASM - Australian Solar Manufacturing directory profile on ENF Solar \| review \- https://www.enfsolar.com/veichi-electric \| Veichi Electric solar panels and inverters directory profile on ENF Solar \| review \- https://www.energymatters.com.au/renewable-news/australian-companies-manufacturing-solar-technology/ \| Australian companies manufacturing solar technology - Energy Matters \| article \- https://solarmee.com/top-solar-panel-manufacturer-companies-in-australia/ \| Top solar panel manufacturer companies in Australia 2026 - SolarMee \| article 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 Veichi Electric](https://comparepv.com/ae-solar-vs-veichi-electric) - [ASM vs AEET](https://comparepv.com/asm-vs-aeet) - [AIKO vs Veichi Electric](https://comparepv.com/aiko-vs-veichi-electric) - [ASM vs AKCOME](https://comparepv.com/asm-vs-akcome) - [ARTsolar vs Veichi Electric](https://comparepv.com/artsolar-vs-veichi-electric) --- Source: https://comparepv.com/asm-vs-veichi-electric Not in this file, on the page: the distributions above drawn as charts.