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ASM vs ZNShine - solar panel manufacturer comparison

ASM
Australia Founded 2009
Read the ASM review
VS
ZNShine
China Founded 1988 Tier 1
Read the ZNShine review
At a glance

ZNShine has the broader catalog (212 vs 1 models). ZNShine leads on peak efficiency at 22.83%. ZNShine leans bifacial (42% 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
1 212
Highest power
170 Wp 670 Wp
Best efficiency
16.0% 22.8%
Average efficiency
16.0% 21.3%
Bifacial share
0% 42%
Average warranty
- 28 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
ZNShine

ZNShine Solar is a high-tech PV enterprise specializing in R&D, manufacturing, and sales of solar modules. They also provide integrated photovoltaic, battery storage, and green hydrogen solutions, as well as BIPV, rooftop solar, and utility-scale solar solutions with a commitment to boosting green electricity...

Founded
1988
Headquarters
Suqian, China
Annual capacity
10 GW/year
Employees
1,200
Tier 1 bankable
Yes
02

Catalogue against catalogue

Averages over every model in the database
Metric ASM ZNShine
Catalog & Power
Panel Models 1 212+211
Max Power 170 W 670 W+500 W
Avg Power 170 W 535 W+365 W
Efficiency
Max Efficiency 16.00% 22.83%+6.83 pp
Avg Efficiency 16.00% 21.35%+5.35 pp
Reliability & Warranty
Avg Temp Coefficient -0.438%/°C -0.329%/°C+0.109
Bifacial Share 0 (0%) 89 (42%)+42 pp
Avg Warranty - 28.3 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
Power spread
Share of each catalogue in every power band

ZNShine offers more 600W+ panels (20% of lineup)

ASM cell technology
Share of their models by cell architecture
ZNShine cell technology
Share of their models by cell architecture

Dominant cell tech: <strong>PERC</strong> (63%)

04

The flagships

Highest-power models from each brand
05

Written summary

Checking cache...

ASM, listed on ENF Solar's panel directory as Australian Solar Manufacturing Pty Ltd, is a small-scale Australian manufacturer with a limited public profile and no confirmed Bloomberg NEF Tier 1 bankability status based on available industry sources. Its catalog appears to center on older monocrystalline modules in the sub-200 W range, and the company does not appear to have a significant footprint in utility-scale or international markets. ZNShine, by contrast, is a Chinese manufacturer headquartered in Changzhou, Jiangsu province, that has held Bloomberg NEF Tier 1 status continuously since 2013 - a distinction it has maintained for more than a decade. Search results cite an annual production capacity that has grown to roughly 10 GW across multiple facilities in Jiangsu and Yunnan. ZNShine carries a substantially stronger institutional footprint by any measure.

ZNShine's current product range covers both PERC and n-type TOPCon cell technologies, including bifacial dual-glass formats targeting utility-scale ground mounts and large commercial rooftops, alongside more conventional single-glass panels suited to residential and small commercial applications. The company also markets panels featuring a proprietary graphene-coated glass it describes as self-cleaning, which has been cited in third-party performance tests. Module power output across the catalog reportedly runs from approximately 380 Wp to over 660 Wp. ASM's publicly documented lineup does not include TOPCon or bifacial products, and the company appears to be positioned, if at all, in the small residential or off-grid segment of the Australian domestic market.

For most buyers in 2025 - whether residential, commercial, or utility-scale - ZNShine is the clearer default choice: it offers bankable credentials, a broad technology mix, and documented third-party test performance. ASM may appeal to buyers who specifically require Australian-manufactured panels for regulatory or procurement reasons, but its limited scale and absence from major industry rankings make it difficult to recommend on product merits alone.

Generated by Claude Sonnet · 2026-06-13

06

Other brand comparisons

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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.

Shop prices: See 12 ZNShine offers

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.