---
title: "AE Solar AE CME-132 720 vs AE Solar MD-120BS-440 - Solar Panel Comparison | ComparePV"
description: "Compare AE Solar AE CME-132 720 vs AE Solar MD-120BS-440 side by side: what actually differs, output when it is hot, thirty-year production, and the full specification."
source: "https://comparepv.com/compare/ae-solar-ae-cme-132-720/ae-solar-md-120bs-440"
updated: 2026-09-11
---

# AE Solar AE CME-132 720 vs AE Solar MD-120BS-440

AE CME-132 720 leads on the differences that matter

The largest is module efficiency: 2.79 pp more efficient. 3 of 18 comparable parameters are identical, with 1 more left out because at least one datasheet does not publish it.


## The two panels


| Attribute | A | B |
| --- | --- | --- |
| Panel | [AE Solar AE CME-132 720](https://comparepv.com/panel/ae-solar-ae-cme-132-720) | [AE Solar MD-120BS-440](https://comparepv.com/panel/ae-solar-md-120bs-440) |
| Manufacturer | AE Solar | AE Solar |
| Power | 720 Wp | 440 Wp |
| Efficiency | 23.21 % | 20.42 % |
| Technology | TOPCon | PERC |


## Where they differ

Ranked by how much the difference matters, not by datasheet order.


| Parameter | AE CME-132 720 | MD-120BS-440 | Difference |
| --- | --- | --- | --- |
| Module efficiency | 23.21 % | 20.42 % | +2.79 pp for AE CME-132 720 |
| Temperature coefficient | -0.290 %/°C | -0.350 %/°C | +0.060 %/°C for AE CME-132 720 |
| Rated power | 720 Wp | 440 Wp | +280 W for AE CME-132 720 |
| Power density | 232.1 Wp/m² | 204.2 Wp/m² | +27.9 Wp/m² for AE CME-132 720 |
| Weight | 31.5 kg | 22.5 kg | -9.0 kg for MD-120BS-440 |
| Weight per kWp | 43.8 kg/kWp | 51.1 kg/kWp | -7.4 kg/kWp for AE CME-132 720 |
| Open-circuit voltage | 49.10 V | 41.35 V | 7.75 V apart |
| Short-circuit current | 18.43 A | 13.47 A | 4.96 A apart |
| Module area | 3.103 m² | 2.155 m² | 0.948 m² apart |
| Cell technology | TOPCon | PERC | TOPCon vs PERC |
| Voltage at max power | 41.30 V | 34.62 V | 6.68 V apart |
| Current at max power | 17.43 A | 12.71 A | 4.72 A apart |
| Cell count | 132 | 120 | 12 cells apart |
| Bifacial | No | Yes | No vs Yes |
| Dimensions | 2383x1302x30 mm | 1902x1133x30 mm | 2383x1302x30 mm vs 1902x1133x30 mm |


## Every compared parameter


| Parameter | AE CME-132 720 | MD-120BS-440 |
| --- | --- | --- |
| Rated power | 720 Wp | 440 Wp |
| Module efficiency | 23.21 % | 20.42 % |
| Power density | 232.1 Wp/m² | 204.2 Wp/m² |
| Open-circuit voltage | 49.10 V | 41.35 V |
| Voltage at max power | 41.30 V | 34.62 V |
| Short-circuit current | 18.43 A | 13.47 A |
| Current at max power | 17.43 A | 12.71 A |
| Temperature coefficient | -0.290 %/°C | -0.350 %/°C |
| Dimensions | 2383x1302x30 mm | 1902x1133x30 mm |
| Module area | 3.103 m² | 2.155 m² |
| Weight | 31.5 kg | 22.5 kg |
| Weight per kWp | 43.8 kg/kWp | 51.1 kg/kWp |
| Product warranty | 30 yrs | 30 yrs |
| Performance warranty | 30 yrs | 30 yrs |
| Annual degradation | - | - |
| Cell technology | TOPCon | PERC |
| Cell type | Monocrystalline | Monocrystalline |
| Cell count | 132 | 120 |
| Bifacial | No | Yes |


## Thirty-year yield

Declared first-year losses, with 0.40% a year afterwards assumed for both panels, at 1,200 kWh/kWp a year

- **Cumulative output, AE CME-132 720:** 24,157 kWh
- **Cumulative output, MD-120BS-440:** 14,525 kWh
- **Gap:** 9,632 kWh


## Output when hot


| Condition | Cell temperature | AE CME-132 720 | MD-120BS-440 | Retained |
| --- | --- | --- | --- | --- |
| Standard test conditions | 25 °C | 720 W | 440 W | 100.0% of rated power |
| Cool, bright day | 40 °C | 689 W | 417 W | 94.8% of rated power |
| Typical summer roof | 55 °C | 657 W | 394 W | 89.5% of rated power |
| Hot roof | 70 °C | 626 W | 371 W | 84.2% of rated power |


## Against the whole database


| Measure | AE CME-132 720 | MD-120BS-440 | Out of | Note |
| --- | --- | --- | --- | --- |
| Efficiency | #1,299 | #11,574 | 14,005 | AE CME-132 720 leads by 10,275 places |
| Power density | #1,339 | #11,585 | 14,005 | AE CME-132 720 leads by 10,246 places |
| Heat behaviour | #2,165 | #10,419 | 14,005 | AE CME-132 720 leads by 8,254 places |
| Weight | #336 | #4,485 | 14,005 | AE CME-132 720 leads by 4,149 places |
| Warranty | #21 | #21 | 14,005 | Tied - the same position in the database |
| Overall | #19 | #8,017 | 14,005 | AE CME-132 720 leads by 7,998 places |


## Questions


### Which panel is better: AE Solar AE CME-132 720 or AE Solar MD-120BS-440?

According to our database: **AE Solar AE CME-132 720** has higher module efficiency (**23.21%** vs **20.42%**); **AE Solar AE CME-132 720** tolerates heat better (temp coeff **-0.290%/°C** vs **-0.350%/°C**). See the full spec comparison and 30-year energy simulation above for a complete picture.


### What is the efficiency of AE Solar AE CME-132 720 and AE Solar MD-120BS-440?

**AE Solar AE CME-132 720** has a module efficiency of **23.21%**, while **AE Solar MD-120BS-440** is **20.42%**. Higher efficiency means more electricity from the same roof area - useful when space is limited.


### What cell technology does AE Solar AE CME-132 720 use vs AE Solar MD-120BS-440?

**AE Solar AE CME-132 720** uses **TOPCon** cells; **AE Solar MD-120BS-440** uses **PERC**. Modern **n-type** technologies (**TOPCon**, **HJT**, BC) typically deliver higher efficiency and lower degradation compared to older **PERC** (p-type) cells.


### What is the warranty on AE Solar AE CME-132 720 and AE Solar MD-120BS-440?

**AE Solar AE CME-132 720** has a **30 years** power warranty; **AE Solar MD-120BS-440** has a **30 years** power warranty. The power warranty guarantees a minimum percentage of rated output at the end of the warranty period (typically 80**-87%**). Product (materials) warranties are usually shorter.


### Are AE Solar AE CME-132 720 and AE Solar MD-120BS-440 bifacial panels?

**AE Solar MD-120BS-440** is bifacial (captures light from both faces); **AE Solar AE CME-132 720** is monofacial. Bifacial panels work best on ground mounts or raised structures with a light-coloured surface underneath.


## Related comparisons

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- [AE Solar AE CME-132 720 vs AE Solar CME-132BDS-730W](https://comparepv.com/compare/ae-solar-ae-cme-132-720/ae-solar-cme-132bds-730w) - 7 differences, the largest is weight
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Source: https://comparepv.com/compare/ae-solar-ae-cme-132-720/ae-solar-md-120bs-440

Not in this file, on the page: the thirty-year yield curve year by year at a cell temperature you pick and a written summary generated on request.

