--- title: "ASM vs VNS Bulgaria - Brand Comparison | ComparePV" description: "Compare ASM vs VNS Bulgaria solar panels: full portfolio, efficiency, cell technology breakdown, warranty terms and company background." source: "https://comparepv.com/asm-vs-vns-bulgaria" --- # ASM vs VNS Bulgaria ASM has the broader catalog (1 vs 0 models). ## The two companies | Attribute | ASM | VNS Bulgaria | | --- | --- | --- | | Country | Australia | Bulgaria | | Headquarters | Hallam, Victoria | Kurdjali | | Founded | 2009 | 2009 | | Employees | 1-10 | null | | Annual capacity | | null GW/year | | Tier 1 | no | | | Listed | | | | Website | [https://www.australiansolarmanufacturing.com.au](https://www.australiansolarmanufacturing.com.au) | [https://solarstreetlighteu.com](https://solarstreetlighteu.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... VNS Bulgaria Ltd. was established in 2009 and focuses on manufacturing and construction of solar street lighting, solar park lighting, LED street lamps, photovoltaic systems, and various other solar systems. The company utilizes innovative technologies in its designs and constructions and has completed over 1000... ## Catalog & Power | Measure | ASM | VNS Bulgaria | 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 | VNS Bulgaria | Margin | | --- | --- | --- | --- | | Max Efficiency | 16.00% | - | | | Avg Efficiency | 16.00% | - | | ## Reliability & Warranty | Measure | ASM | VNS Bulgaria | Margin | | --- | --- | --- | --- | | Avg Temp Coefficient | -0.438%/°C | - | | | Bifacial Share | 0 (0%) | 0 (0%) | | | Avg Warranty | - | - | | ## Efficiency distribution | Efficiency band | ASM | VNS Bulgaria | | --- | --- | --- | | \<20% | 1 (100.0%) | 0 | ## Power distribution | Power band | ASM | VNS Bulgaria | | --- | --- | --- | | \<400W | 1 (100.0%) | 0 | ## Cell technology | Technology | ASM | VNS Bulgaria | | --- | --- | --- | | 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 is a small, Australian-owned panel assembler founded in 2009 and based in Victoria, Australia. It does not manufacture photovoltaic cells itself but assembles monocrystalline modules domestically using imported components sourced from Germany, Japan, the United States, and China. No BloombergNEF Tier 1 bankability listing or disclosed annual production capacity in gigawatts could be confirmed for ASM, and its documented product range, in the 170-200 Wp bracket, is well below the 400-500 Wp modules that now dominate global installations. VNS Bulgaria, also established in 2009, operates as a distributor and wholesaler serving the European market rather than a primary panel manufacturer; it resells modules from established Tier 1 brands such as JA Solar, Trina Solar, Canadian Solar, Risen Energy, JinkoSolar, and LONGi Solar, alongside inverters and storage systems from brands like SMA, SolarEdge, and Huawei. Because VNS Bulgaria's catalog is built on genuine Tier 1, BNEF-listed suppliers, it carries a stronger institutional footprint in terms of bankable product access, even though it is not itself a cell or module fabricator. In practical terms, ASM's assembled modules are positioned for general residential rooftop installations within Australia, reflecting its origins as one of the country's pioneering domestic panel-assembly operations, with reliable but dated wattage and technology specifications. VNS Bulgaria's business model instead spans reselling a broad mix of monocrystalline PERC and newer TOPCon modules sourced from major Chinese and international manufacturers, making it more relevant to residential, commercial, and utility-scale projects across Bulgaria and neighboring European markets, depending on which upstream brand a given project specifies. For a typical buyer in 2025, the two are not directly comparable as like-for-like manufacturers: ASM suits a narrow niche of buyers prioritizing Australian-assembled panels for smaller residential jobs, while VNS Bulgaria functions as an access point to genuine Tier 1 module brands for European installers and project developers. Buyers seeking bankable, higher-wattage modules with strong warranty backing would generally be better served by sourcing through VNS Bulgaria's supplier network than by ASM's standalone assembled product line. \---LINKS--- \- https://www.enfsolar.com/asm \| Australian Solar Manufacturing Pty Ltd company profile \| review \- https://www.enfsolar.com/vns-bulgaria \| VNS Bulgaria Ltd. seller and distributor profile \| review \- https://comparepv.com/asm-vs-suniva \| ASM vs Suniva brand comparison \| article \- https://www.enfsolar.com/pv/panel-datasheet/crystalline/66513 \| VNS Bulgaria Vertex S+ TSM-NEG9RC.27 415-445W datasheet \| 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 VNS Bulgaria](https://comparepv.com/ae-solar-vs-vns-bulgaria) - [ASM vs AEET](https://comparepv.com/asm-vs-aeet) - [AIKO vs VNS Bulgaria](https://comparepv.com/aiko-vs-vns-bulgaria) - [ASM vs AKCOME](https://comparepv.com/asm-vs-akcome) - [ARTsolar vs VNS Bulgaria](https://comparepv.com/artsolar-vs-vns-bulgaria) --- Source: https://comparepv.com/asm-vs-vns-bulgaria Not in this file, on the page: the distributions above drawn as charts.