--- title: "Waaree WSMD-535 vs Waaree WSMD-540 - Solar Panel Comparison | ComparePV" description: "Compare Waaree WSMD-535 vs Waaree WSMD-540 side by side: what actually differs, output when it is hot, thirty-year production, and the full specification." source: "https://comparepv.com/compare/waaree-wsmd-535/waaree-wsmd-540" updated: 2026-09-11 --- # Waaree WSMD-535 vs Waaree WSMD-540 540 leads on the differences that matter The largest is module efficiency: 0.20 pp more efficient. 18 of 19 comparable parameters are identical. ## The two panels | Attribute | A | B | | --- | --- | --- | | Panel | [Waaree WSMD-535](https://comparepv.com/panel/waaree-wsmd-535) | [Waaree WSMD-540](https://comparepv.com/panel/waaree-wsmd-540) | | Manufacturer | Waaree | Waaree | | Power | 535 Wp | 540 Wp | | Efficiency | 20.78 % | 20.98 % | | Technology | PERC | PERC | ## Where they differ Ranked by how much the difference matters, not by datasheet order. | Parameter | 535 | 540 | Difference | | --- | --- | --- | --- | | Module efficiency | 20.78 % | 20.98 % | +0.20 pp for 540 | ## Every compared parameter | Parameter | 535 | 540 | | --- | --- | --- | | Rated power | 535 Wp | 540 Wp | | Module efficiency | 20.78 % | 20.98 % | | Power density | 207.8 Wp/m² | 209.8 Wp/m² | | Open-circuit voltage | 49.46 V | 49.61 V | | Voltage at max power | 41.60 V | 41.75 V | | Short-circuit current | 13.76 A | 13.83 A | | Current at max power | 12.88 A | 12.95 A | | Temperature coefficient | -0.350 %/°C | -0.350 %/°C | | Dimensions | 2272x1133x35 mm | 2272x1133x35 mm | | Module area | 2.574 m² | 2.574 m² | | Weight | 27.5 kg | 27.5 kg | | Weight per kWp | 51.4 kg/kWp | 50.9 kg/kWp | | Product warranty | 12 yrs | 12 yrs | | Performance warranty | 27 yrs | 27 yrs | | Annual degradation | 0.55 %/yr | 0.55 %/yr | | Cell technology | PERC | PERC | | Cell type | Monocrystalline | Monocrystalline | | Cell count | 144 | 144 | | Bifacial | No | No | ## Thirty-year yield Each panel's own declared degradation curve, at 1,200 kWh/kWp a year Same temp coeff. for both panels (-0.350 %/°C), so a warmer roof scales both curves by the same factor: the totals fall together and neither panel gains on the other. - **Cumulative output, 535:** 17,339 kWh - **Cumulative output, 540:** 17,501 kWh - **Gap:** 162 kWh ## Output when hot | Condition | Cell temperature | 535 | 540 | Retained | | --- | --- | --- | --- | --- | | Standard test conditions | 25 °C | 535 W | 540 W | 100.0% of rated power | | Cool, bright day | 40 °C | 507 W | 512 W | 94.8% of rated power | | Typical summer roof | 55 °C | 479 W | 483 W | 89.5% of rated power | | Hot roof | 70 °C | 451 W | 455 W | 84.2% of rated power | ## Against the whole database | Measure | 535 | 540 | Out of | Note | | --- | --- | --- | --- | --- | | Efficiency | #10,585 | #9,963 | 14,005 | 540 leads by 622 places | | Power density | #10,521 | #9,905 | 14,005 | 540 leads by 616 places | | Heat behaviour | #10,419 | #10,419 | 14,005 | Tied - the same position in the database | | Weight | #4,793 | #4,303 | 14,005 | 540 leads by 490 places | | Warranty | #9,667 | #9,667 | 14,005 | Tied - the same position in the database | | Overall | #8,725 | #8,328 | 14,005 | 540 leads by 397 places | ## Questions ### Which panel is better: Waaree WSMD-535 or Waaree WSMD-540? According to our database: **Waaree WSMD-540** has higher module efficiency (**20.98%** vs **20.78%**). See the full spec comparison and 30-year energy simulation above for a complete picture. ### What is the efficiency of Waaree WSMD-535 and Waaree WSMD-540? **Waaree WSMD-535** has a module efficiency of **20.78%**, while **Waaree WSMD-540** is **20.98%**. Higher efficiency means more electricity from the same roof area - useful when space is limited. ### What cell technology does Waaree WSMD-535 use vs Waaree WSMD-540? **Waaree WSMD-535** uses **PERC** cells; **Waaree WSMD-540** 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 Waaree WSMD-535 and Waaree WSMD-540? **Waaree WSMD-535** has a **27 years** power warranty; **Waaree WSMD-540** has a **27 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. ## Related comparisons - [Waaree WSMD-535 vs Waaree WSMD-665](https://comparepv.com/compare/waaree-wsmd-535/waaree-wsmd-665) - 12 differences, the largest is rated power - [Waaree WSMD-535 vs Waaree WSMD-660](https://comparepv.com/compare/waaree-wsmd-535/waaree-wsmd-660) - 12 differences, the largest is rated power - [Waaree WSMD-535 vs Waaree WSMD-655](https://comparepv.com/compare/waaree-wsmd-535/waaree-wsmd-655) - 11 differences, the largest is rated power - [Waaree WSMD-535 vs Waaree WSMD-650](https://comparepv.com/compare/waaree-wsmd-535/waaree-wsmd-650) - 10 differences, the largest is rated power - [Waaree WSMD-535 vs Waaree WSMD-645](https://comparepv.com/compare/waaree-wsmd-535/waaree-wsmd-645) - 11 differences, the largest is rated power - [Waaree WSMD-535 vs Waaree WSMD-545](https://comparepv.com/compare/waaree-wsmd-535/waaree-wsmd-545) - 3 differences, the largest is module efficiency --- Source: https://comparepv.com/compare/waaree-wsmd-535/waaree-wsmd-540 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.