---
title: "Astronergy vs Waaree - Brand Comparison | ComparePV"
description: "Compare Astronergy vs Waaree solar panels: full portfolio, efficiency, cell technology breakdown, warranty terms and company background."
source: "https://comparepv.com/astronergy-vs-waaree"
---

# Astronergy vs Waaree

Waaree has the broader catalog (222 vs 150 models). Astronergy leads on peak efficiency at 24.80%. Astronergy leans bifacial (69% of lineup).


## The two companies


| Attribute | Astronergy | Waaree |
| --- | --- | --- |
| Country | China | India |
| Headquarters | Hangzhou | Mumbai |
| Founded | 2006 | 1990 |
| Employees | 12000+ | 8500+ |
| Annual capacity | 76+ GW/year | 13.3 GW/year |
| Tier 1 | yes | yes |
| Listed | Shanghai Stock Exchange: SHA: 601877 | NSE: WAAREEENER |
| Website | [http://www.astronergy.com/](http://www.astronergy.com/) | [https://www.waaree.com/](https://www.waaree.com/) |

Astronergy is a global manufacturer and supplier of solar modules, and a subsidiary of Chint Group, one of the world's leading providers of smart energy solutions. The company focuses on the R&D, production, and sales of high-efficiency crystalline silicon PV cells and PV modules. Astronergy has established...

Waaree Energies Ltd. is a leading global energy transition company committed to delivering innovative, high-quality solar and sustainable energy solutions. Established in 1990 and headquartered in Mumbai, India, the company operates across 20+ countries with an integrated portfolio that spans solar modules, EPC...


## Catalog & Power


| Measure | Astronergy | Waaree | Margin |
| --- | --- | --- | --- |
| Panel Models | 150 | 222 | +72 |
| Max Power | 735 W | 730 W | +5 W |
| Avg Power | 540 W | 371 W | +169 W |


## Efficiency


| Measure | Astronergy | Waaree | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 24.80% | 23.51% | +1.29 pp |
| Avg Efficiency | 22.71% | 18.39% | +4.31 pp |


## Reliability & Warranty


| Measure | Astronergy | Waaree | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.293%/°C | -0.362%/°C | +0.069 |
| Bifacial Share | 104 (69%) | 85 (38%) | +31 pp |
| Avg Warranty | 29.6 yrs | 21.7 yrs | +7.9 yr |


## Efficiency distribution

Astronergy skews to higher efficiency: 39% of lineup is 23%+


| Efficiency band | Astronergy | Waaree |
| --- | --- | --- |
| 20-21% | 6 (4.0%) | 47 (21.2%) |
| 21-22% | 14 (9.3%) | 14 (6.3%) |
| 22-23% | 72 (48.0%) | 13 (5.9%) |
| 23%+ | 58 (38.7%) | 9 (4.1%) |
| \<20% | 0 | 139 (62.6%) |


## Power distribution

Astronergy offers more 600W+ panels (40% of lineup)


| Power band | Astronergy | Waaree |
| --- | --- | --- |
| \<400W | 8 (5.3%) | 124 (55.9%) |
| 400-499W | 58 (38.7%) | 35 (15.8%) |
| 500-599W | 24 (16.0%) | 36 (16.2%) |
| 600-699W | 53 (35.3%) | 20 (9.0%) |
| 700W+ | 7 (4.7%) | 7 (3.2%) |


## Cell technology

Dominant cell tech: **TOPCon** (89%)

Dominant cell tech: **PERC** (48%)


| Technology | Astronergy | Waaree |
| --- | --- | --- |
| TOPCon | 133 (88.7%) | 12 (5.4%) |
| PERC | 12 (8.0%) | 107 (48.2%) |
| N-type | 5 (3.3%) | 8 (3.6%) |
| Unknown | 0 | 88 (39.6%) |
| HJT | 0 | 7 (3.2%) |


## Top panels, Astronergy


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [CHSM66N(DG)/F-BH-735](https://comparepv.com/panel/astronergy-chsm66n-dg-f-bh-735) | 735 | 23.7 | -0.290 | Monocrystalline |
| 2 | [CHSM66N(DG)/F-BH-730](https://comparepv.com/panel/astronergy-chint-new-energy-technology-co-ltd-chsm66n-dg-f-bh-730) | 730 | 23.5 | -0.290 | Monocrystalline |
| 3 | [CHSM66N(DG)/F-BH-725](https://comparepv.com/panel/astronergy-chint-new-energy-technology-co-ltd-chsm66n-dg-f-bh-725) | 725 | 23.3 | -0.290 | Monocrystalline |
| 4 | [CHSM66N(DG)/F-BH-720](https://comparepv.com/panel/astronergy-chint-new-energy-technology-co-ltd-chsm66n-dg-f-bh-720) | 720 | 23.2 | -0.290 | Monocrystalline |
| 5 | [CHSM66N(DG)/F-BH-715](https://comparepv.com/panel/astronergy-chint-new-energy-technology-co-ltd-chsm66n-dg-f-bh-715) | 715 | 23.0 | -0.290 | Monocrystalline |
| 6 | [CHSM66N(DG)/F-BH-710](https://comparepv.com/panel/astronergy-chint-new-energy-technology-co-ltd-chsm66n-dg-f-bh-710) | 710 | 22.9 | -0.290 | Monocrystalline |
| 7 | [CHSM66N(DG)/F-BH-705](https://comparepv.com/panel/astronergy-chint-new-energy-technology-co-ltd-chsm66n-dg-f-bh-705) | 705 | 22.7 | -0.290 | Monocrystalline |
| 8 | [CHSM66RN(DG)/F-BQ-670](https://comparepv.com/panel/astronergy-chsm66rn-dg-f-bq-670) | 670 | 24.8 | -0.260 | Monocrystalline |
| 9 | [CHSM66RN(DG)/F-BQ](https://comparepv.com/panel/astronergy-chsm66rn-dg-f-bq) | 670 | 24.8 | -0.260 | Monocrystalline |
| 10 | [CHSM66RN(DG)/F-BQ-665](https://comparepv.com/panel/astronergy-chsm66rn-dg-f-bq-665) | 665 | 24.6 | -0.260 | Monocrystalline |


## Top panels, Waaree


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [BiH-11-730](https://comparepv.com/panel/waaree-bih-11-730) | 730 | 23.5 | -0.240 | Monocrystalline |
| 2 | [BiH-11-725](https://comparepv.com/panel/waaree-bih-11-725) | 725 | 23.3 | -0.240 | Monocrystalline |
| 3 | [BiH-11-720](https://comparepv.com/panel/waaree-bih-11-720) | 720 | 23.2 | -0.240 | Monocrystalline |
| 4 | [BiH-11-715](https://comparepv.com/panel/waaree-bih-11-715) | 715 | 23.0 | -0.240 | Monocrystalline |
| 5 | [BiH-11-710](https://comparepv.com/panel/waaree-bih-11-710) | 710 | 22.9 | -0.240 | Monocrystalline |
| 6 | [BiH-11-705](https://comparepv.com/panel/waaree-bih-11-705) | 705 | 22.7 | -0.240 | Monocrystalline |
| 7 | [BiH-11-700](https://comparepv.com/panel/waaree-bih-11-700) | 700 | 22.5 | -0.240 | Monocrystalline |
| 8 | [Bi-68-665](https://comparepv.com/panel/waaree-bi-68-665) | 665 | 21.3 | -0.340 | Monocrystalline |
| 9 | [WSMD-665](https://comparepv.com/panel/waaree-wsmd-665) | 665 | 21.3 | -0.340 | Monocrystalline |
| 10 | [WSMD-660](https://comparepv.com/panel/waaree-wsmd-660) | 660 | 21.1 | -0.340 | Monocrystalline |


## Summary

Astronergy is a Chinese solar manufacturer headquartered in Shanghai, founded in 2006 as a subsidiary of the CHINT Group. It recorded approximately 40 GW in module shipments during 2024, ranking sixth globally, and had an installed module production capacity of 55 GW by the end of that year. The company holds Tier 1 status from S&P Global Commodity Insights and has earned Kiwa PVEL Top Performer recognition for eight consecutive years, making it one of the more independently validated names in the industry. Waaree Energies is India's largest solar module manufacturer, established in 1989 and headquartered in Gujarat. The company has built a combined global manufacturing capacity of roughly 22.3 GW - approximately 19.7 GW in India and 2.6 GW in the United States - and has appeared on BloombergNEF's Tier 1 module list for 35 consecutive quarters while also becoming the first Indian manufacturer to receive PV Tech's ModuleTech Bankability 'A' rating. On overall production scale and third-party validation depth, Astronergy currently holds the stronger institutional footprint.

Astronergy's product portfolio is built around N-type TOPCon technology. The Astro N7 series, delivering up to 750 W at 23.2% efficiency, is designed for residential and commercial rooftop applications, while the ASTRO N8 Pro, exceeding 800 W, targets utility-scale ground-mount projects. Waaree takes a broader technology approach: alongside TOPCon modules, it produces the Plexus HJT bifacial series featuring bifaciality above 85% and module efficiencies around 22.9-23%. This dual-technology offering positions Waaree well for commercial and industrial rooftop systems where space is constrained, as well as for large utility farms. Its US manufacturing footprint also benefits buyers working under domestic content requirements for projects in North America.

For most international buyers, both brands represent credible Tier 1 choices with comparable 30-year performance warranties. Astronergy's larger output scale and consistent independent test results give it a marginal advantage in project-finance contexts where lender bankability scrutiny is high. Waaree is the more natural fit when supply-chain diversification outside China is a priority, or when HJT technology is specifically required. In competitive tenders where either panel meets the technical specification, the two are broadly interchangeable, and spot pricing at the time of procurement will typically be the deciding factor.

Written by claude-sonnet from the figures above.


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Source: https://comparepv.com/astronergy-vs-waaree

Not in this file, on the page: the distributions above drawn as charts.