---
title: "LEDVANCE vs AE Solar - Brand Comparison | ComparePV"
description: "Compare LEDVANCE vs AE Solar solar panels: full portfolio, efficiency, cell technology breakdown, warranty terms and company background."
source: "https://comparepv.com/ledvance-vs-ae-solar"
---

# LEDVANCE vs AE Solar

AE Solar has the broader catalog (646 vs 124 models). AE Solar leads on peak efficiency at 24.43%.


## The two companies


| Attribute | LEDVANCE | AE Solar |
| --- | --- | --- |
| Country | Germany | Germany |
| Headquarters | Garching bei München | Gersthofen |
| Founded | 2016 | 2003 |
| Employees |  | 501-1000 |
| Annual capacity |  | 2+ GW/year |
| Tier 1 | no | yes |
| Listed |  |  |
| Website | [https://www.ledvance.com](https://www.ledvance.com) | [https://ae-solar.com](https://ae-solar.com) |

AE Solar is a German Tier 1 manufacturer of high-efficiency photovoltaic (PV) modules. The company specializes in producing durable and innovative solar panels with German engineering standards, offering solutions for residential, commercial, and utility-scale applications. AE Solar operates in over 100 countries and...


## Catalog & Power


| Measure | LEDVANCE | AE Solar | Margin |
| --- | --- | --- | --- |
| Panel Models | 124 | 646 | +522 |
| Max Power | 705 W | 730 W | +25 W |
| Avg Power | 518 W | 489 W | +29 W |


## Efficiency


| Measure | LEDVANCE | AE Solar | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 23.40% | 24.43% | +1.03 pp |
| Avg Efficiency | 21.58% | 21.11% | +0.47 pp |


## Reliability & Warranty


| Measure | LEDVANCE | AE Solar | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.313%/°C | -0.312%/°C | +0.001 |
| Bifacial Share | 77 (62%) | 405 (63%) | +1 pp |
| Avg Warranty | 28.4 yrs | 29.7 yrs | +1.3 yr |


## Efficiency distribution

AE Solar skews to higher efficiency: 9% of lineup is 23%+


| Efficiency band | LEDVANCE | AE Solar |
| --- | --- | --- |
| \<20% | 4 (3.2%) | 74 (11.5%) |
| 20-21% | 30 (24.2%) | 171 (26.5%) |
| 21-22% | 42 (33.9%) | 142 (22.0%) |
| 22-23% | 43 (34.7%) | 199 (30.8%) |
| 23%+ | 5 (4.0%) | 60 (9.3%) |


## Power distribution

LEDVANCE offers more 600W+ panels (21% of lineup)


| Power band | LEDVANCE | AE Solar |
| --- | --- | --- |
| \<400W | 8 (6.5%) | 78 (12.1%) |
| 400-499W | 56 (45.2%) | 329 (50.9%) |
| 500-599W | 34 (27.4%) | 154 (23.8%) |
| 600-699W | 22 (17.7%) | 55 (8.5%) |
| 700W+ | 4 (3.2%) | 30 (4.6%) |


## Cell technology

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

Dominant cell tech: **TOPCon** (54%)


| Technology | LEDVANCE | AE Solar |
| --- | --- | --- |
| PERC | 60 (48.4%) | 245 (37.9%) |
| TOPCon | 54 (43.5%) | 349 (54.0%) |
| HJT | 10 (8.1%) | 5 (0.8%) |
| Back Contact | 0 | 21 (3.3%) |
| N-type | 0 | 17 (2.6%) |
| BIPV | 0 | 9 (1.4%) |


## Top panels, LEDVANCE


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [M685~705N66UB-SF-F7-705](https://comparepv.com/panel/ledvance-m685-705n66ub-sf-f7-705) | 705 | 22.7 | -0.300 | Monocrystalline |
| 2 | [M705N66UB-SF-F7](https://comparepv.com/panel/ledvance-m705n66ub-sf-f7) | 705 | 22.7 | -0.300 | Monocrystalline |
| 3 | [M685~705N66UB-SF-F7-700](https://comparepv.com/panel/ledvance-m685-705n66ub-sf-f7-700) | 700 | 22.5 | -0.300 | Monocrystalline |
| 4 | [M700N66UB-SF-F7](https://comparepv.com/panel/ledvance-m700n66ub-sf-f7) | 700 | 22.5 | -0.300 | Monocrystalline |
| 5 | [M685~705N66UB-SF-F7-695](https://comparepv.com/panel/ledvance-m685-705n66ub-sf-f7-695) | 695 | 22.4 | -0.300 | Monocrystalline |
| 6 | [M695N66UB-SF-F7](https://comparepv.com/panel/ledvance-m695n66ub-sf-f7) | 695 | 22.4 | -0.300 | Monocrystalline |
| 7 | [M685~705N66UB-SF-F7-690](https://comparepv.com/panel/ledvance-m685-705n66ub-sf-f7-690) | 690 | 22.2 | -0.300 | Monocrystalline |
| 8 | [M690N66UB-SF-F7](https://comparepv.com/panel/ledvance-m690n66ub-sf-f7) | 690 | 22.2 | -0.300 | Monocrystalline |
| 9 | [M685~705N66UB-SF-F7-685](https://comparepv.com/panel/ledvance-m685-705n66ub-sf-f7-685) | 685 | 22.1 | -0.300 | Monocrystalline |
| 10 | [M685N66UB-SF-F7](https://comparepv.com/panel/ledvance-m685n66ub-sf-f7) | 685 | 22.1 | -0.300 | Monocrystalline |


## Top panels, AE Solar


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [CME-132BDS-730](https://comparepv.com/panel/ae-solar-cme-132bds-730) | 730 | 23.5 | -0.290 | Monocrystalline |
| 2 | [CME-132BDS-730W](https://comparepv.com/panel/ae-solar-cme-132bds-730w) | 730 | 23.5 | -0.290 | Monocrystalline |
| 3 | [CME-132BDS-725](https://comparepv.com/panel/ae-solar-cme-132bds-725) | 725 | 23.4 | -0.290 | Monocrystalline |
| 4 | [CME-132-725W](https://comparepv.com/panel/ae-solar-cme-132-725w) | 725 | 23.4 | -0.290 | Monocrystalline |
| 5 | [CME-132BDS-725W](https://comparepv.com/panel/ae-solar-cme-132bds-725w) | 725 | 23.4 | -0.290 | Monocrystalline |
| 6 | [AE CME-132 720](https://comparepv.com/panel/ae-solar-ae-cme-132-720) | 720 | 23.2 | -0.290 | Monocrystalline |
| 7 | [CME-132BDS-720](https://comparepv.com/panel/ae-solar-cme-132bds-720) | 720 | 23.2 | -0.290 | Monocrystalline |
| 8 | [AE CME-132-720](https://comparepv.com/panel/ae-solar-ae-cme-132-720-1) | 720 | 23.2 | -0.290 | Monocrystalline |
| 9 | [CME-132-720W](https://comparepv.com/panel/ae-solar-cme-132-720w) | 720 | 23.2 | -0.290 | Monocrystalline |
| 10 | [CME-132BDS-720W](https://comparepv.com/panel/ae-solar-cme-132bds-720w) | 720 | 23.2 | -0.290 | Monocrystalline |


## Summary

AE Solar was founded in 2003 in Germany and has grown into one of Europe's most established photovoltaic module manufacturers, with a production capacity exceeding 2 GW across facilities in China, Georgia, and Turkey. The company holds BloombergNEF Tier 1 bankable status - a distinction that in 2024 made it the only European PV manufacturer recognized at this level - and has built commercial relationships across more than 95 countries worldwide. LEDVANCE, by contrast, was founded in 2016 as a spin-off of OSRAM's general lighting division and formally entered the photovoltaic market with the launch of LEDVANCE Renewables at Light+Building 2024. Although LEDVANCE operates across more than 140 countries through its broader lighting and energy business, the company does not hold Tier 1 bankable status and has not disclosed a specific annual PV production capacity in gigawatts.

AE Solar's portfolio of 442 panels reaches a maximum output of 730 Wp and a peak efficiency of 24.43%, with nearly 50% of its lineup based on TOPCon cell technology - one of the most advanced architectures currently in volume production. A bifacial share of 63.8% and an average product warranty of approximately 29.7 years make its modules well suited to utility-scale ground-mount projects and large commercial C&I installations where long-term yield guarantees and bankable backing are essential. LEDVANCE offers 124 panels with a maximum output of 705 Wp and a peak efficiency of 23.4%, with PERC technology leading its portfolio at roughly 48% of the range. A slightly higher average efficiency of 21.58% (versus 21.34% for AE Solar) and the availability of bundled inverter and battery storage solutions position LEDVANCE as a practical option for residential rooftop and lighter commercial installations where an integrated, single-brand system simplifies procurement.

For international buyers prioritizing bankability, manufacturing scale, and access to leading-edge cell technology, AE Solar is the stronger choice - its Tier 1 certification, 2+ GW capacity, and TOPCon-led portfolio make it a reliable partner for projects requiring project finance or long-term institutional confidence. LEDVANCE may appeal to buyers seeking a turnkey residential or small-commercial solution backed by the global reach of a major lighting brand, though its absence from Tier 1 rankings and narrower high-power selection are meaningful limitations for larger or finance-dependent deployments.

Written by claude-sonnet from the figures above.


## Other comparisons

- [LEDVANCE vs A.B. Energy](https://comparepv.com/ledvance-vs-a-b-energy)
- [AEET vs AE Solar](https://comparepv.com/aeet-vs-ae-solar)
- [LEDVANCE vs AIKO](https://comparepv.com/ledvance-vs-aiko)
- [AKCOME vs AE Solar](https://comparepv.com/akcome-vs-ae-solar)
- [LEDVANCE vs ARTsolar](https://comparepv.com/ledvance-vs-artsolar)
- [ASM vs AE Solar](https://comparepv.com/asm-vs-ae-solar)


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Source: https://comparepv.com/ledvance-vs-ae-solar

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

