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

# LS Solar vs AE Solar

AE Solar has the broader catalog (646 vs 2 models). AE Solar leads on peak efficiency at 24.43%. AE Solar leans bifacial (63% of lineup).


## The two companies


| Attribute | LS Solar | AE Solar |
| --- | --- | --- |
| Country |  | Germany |
| Headquarters |  | Gersthofen |
| Founded |  | 2003 |
| Employees |  | 501-1000 |
| Annual capacity |  | 2+ GW/year |
| Tier 1 | no | yes |
| Listed |  |  |
| Website |  | [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 | LS Solar | AE Solar | Margin |
| --- | --- | --- | --- |
| Panel Models | 2 | 646 | +644 |
| Max Power | 400 W | 730 W | +330 W |
| Avg Power | 400 W | 489 W | +89 W |


## Efficiency


| Measure | LS Solar | AE Solar | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 20.46% | 24.43% | +3.97 pp |
| Avg Efficiency | 20.46% | 21.11% | +0.65 pp |


## Reliability & Warranty


| Measure | LS Solar | AE Solar | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.370%/°C | -0.312%/°C | +0.058 |
| Bifacial Share | 0 (0%) | 405 (63%) | +63 pp |
| Avg Warranty | - | 29.7 yrs |  |


## Efficiency distribution

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


| Efficiency band | LS Solar | AE Solar |
| --- | --- | --- |
| 20-21% | 1 (50.0%) | 171 (26.5%) |
| Unknown | 1 (50.0%) | 0 |
| \<20% | 0 | 74 (11.5%) |
| 21-22% | 0 | 142 (22.0%) |
| 22-23% | 0 | 199 (30.8%) |
| 23%+ | 0 | 60 (9.3%) |


## Power distribution

AE Solar offers more 600W+ panels (13% of lineup)


| Power band | LS Solar | AE Solar |
| --- | --- | --- |
| 400-499W | 2 (100.0%) | 329 (50.9%) |
| \<400W | 0 | 78 (12.1%) |
| 500-599W | 0 | 154 (23.8%) |
| 600-699W | 0 | 55 (8.5%) |
| 700W+ | 0 | 30 (4.6%) |


## Cell technology

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


| Technology | LS Solar | AE Solar |
| --- | --- | --- |
| Unknown | 2 (100.0%) | 0 |
| TOPCon | 0 | 349 (54.0%) |
| PERC | 0 | 245 (37.9%) |
| Back Contact | 0 | 21 (3.3%) |
| N-type | 0 | 17 (2.6%) |
| BIPV | 0 | 9 (1.4%) |
| HJT | 0 | 5 (0.8%) |


## Top panels, LS Solar


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [STC 01](https://comparepv.com/panel/ls-solar-stc-01) | 400 | 20.5 | -0.370 | Monocrystalline |
| 2 | [400 W](https://comparepv.com/panel/ls-solar-400-w) | 400 | - | -0.370 | 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, operating under the legal name AE Alternative Energy GmbH, is a European photovoltaic manufacturer headquartered in Germany with module production facilities in Romania. The company has secured BloombergNEF Tier 1 status for 16 consecutive quarters through at least Q1 2025, and BloombergNEF's 2024 global bankability survey ranked it 18th among 67 evaluated manufacturers - the only European producer to earn the high bankability designation that year. Annual module output exceeds 2 GW, with ongoing factory expansion in Romania. AE Solar is also the first PV manufacturer in the industry to obtain DIBt (Deutsches Institut fur Bautechnik) certification. LS Solar, by contrast, is a name shared by several distinct legal entities: most notably LS Electric Co., Ltd. of South Korea, a large diversified industrial conglomerate for which solar modules represent one segment of a broad electrical equipment portfolio, and a separate, smaller Chinese producer known as LS Solar Energy Sole Co., Ltd. No BloombergNEF Tier 1 designation or comparable bankability recognition could be confirmed for either LS Solar entity in publicly available industry sources. On institutional footprint and project financeability, AE Solar holds a decisive lead.

AE Solar's current lineup centers on n-type TOPCon bifacial modules covering residential rooftop, commercial C&I (including carports and industrial rooftops), and small utility-scale ground-mount applications. Modules carry a 30-year product warranty, and the company received the Kiwa PVEL Top Performer Award for 2025, a well-regarded independent performance benchmark relevant to lenders and EPCs. LS Electric's PVM panel series addresses residential and commercial segments, but the solar division's module wattages and product breadth appear modest relative to current market leaders, reflecting a line maintained alongside a much larger core business in power systems and automation. The smaller Chinese LS Solar entity appears to focus on entry-level monocrystalline panels with limited documented international distribution and no significant third-party performance recognition identified.

For international buyers - particularly those pursuing financed utility, C&I, or large residential projects - AE Solar is the more defensible default: it is bankable, European-manufactured, DIBt-certified, and independently validated by PVEL testing. LS Solar, regardless of which entity is intended, lacks confirmed Tier 1 bankability and carries greater due-diligence risk for commercial or financed work. The two brands are not interchangeable where project financing or formal certification requirements apply; LS Solar may suit only narrow, price-driven procurement contexts without lender scrutiny.

Written by claude-sonnet from the figures above.


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- [AKCOME vs AE Solar](https://comparepv.com/akcome-vs-ae-solar)
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- [ASM vs AE Solar](https://comparepv.com/asm-vs-ae-solar)


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

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