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AIKO Brand review

M535M-144

535 Wp PERC
ComparePV verdict

Middle of its segment, weak in heat

Rank 9,314 of 14,005
Compare panels Datasheet PDF
Power (Wp)
535
Typical for its class
Efficiency (%)
20.70
Typical · median 20.90%
Density (Wp/m²)
207.0
Weak · bottom 25%
Temp (%/°C)
-0.360
Weak · bottom 9%
Weight (kg)
29.0
Typical · median 28.4 kg
Warranty (yrs)
25
Weak · bottom 23%

The AIKO M-144 (182mm Cell) 530-550W Monofacial Module is designed to maximize energy yield from any available mounting surface, without compromising durability and aesthetics. A key advantage is the N-type ABC (All Back Contact) technology, in which all electrical connections are located on the back of the cell. This keeps the front free from shading by racking systems, which translates to better light utilization even in less sunny conditions.

In practice, this series helps address common investor concerns: higher power density on the roof, improved performance at elevated temperatures, and greater resistance to microcracks and degradation, which are characteristic of older technologies. It is a good choice for commercial and industrial installations, PV farms, and large roofs, where a quick return on investment and stable energy production over the long term are important. It stands out from the competition due to its front-side metallization-free design, which supports both performance and long-term reliability.

Ranking

706 panels in the segment PERC 500-550 W
Metric This panel Median Position in segment Overall rank
Module efficiency 20.70% 20.90% Typical 10,764
Power density 207.0 209.0 Weak · bottom 25% 10,849
Temperature coefficient -0.360 -0.350 Weak · bottom 9% 12,345
Weight per kWp 54.2 53.0 Typical 8,430
Performance warranty 25 yrs 30 yrs Weak · bottom 23% 9,798
Colour key Strong - top 25% Typical - middle 50% Weak - bottom 25%

Signals from the data

4 positive · 6 caution
Best for

Commercial, utility-scale and hot-climate.

Not ideal for

Hot climates, owners who want a long output guarantee and roofs where every square metre has to count.

Watch-outs
-0.360 %/°C temperature coefficient

Bottom 9% of the PERC 500-550 W segment, against a median of -0.350. Ranked 12,345th in the whole database.

25 year performance warranty

Bottom 23% of the PERC 500-550 W segment, against a median of 30 yrs.

207.0 watts per square metre

Bottom 25% of the PERC 500-550 W segment, against a median of 209.0.

What owners get
Tier-1 BNEF – confirmed bankability

AIKO is listed on the BNEF Tier-1 list for Q1 2026 (one of ~2% of global producers), which directly reduces the financing costs for bank projects and meets the due diligence requirements of financial institutions funding PV farms and commercial installations.

21.3% efficiency in the 550W variant

The peak efficiency of this model reaches 21.3% – the same as the Goldi Solar GS10-B144-TF and S-Energy SL65-72BGJ, and higher than the IBC Solar 182M Half Cell (21.28%). This places the series among the top performers in comparable 182mm modules on the market.

The M10 format (182mm) reduces costs for BOS.

A power density of 530–550W per 182mm module allows for a reduction in the number of modules and cable lengths in commercial and utility-scale installations, resulting in an estimated 3–5% reduction in BOS (Balance of System) costs compared to older 166mm formats, while maintaining the same system power.

25-year performance guarantee

The manufacturer guarantees power maintenance for 25 years – this is the standard for the segment, but with AIKO's Tier-1 status and the company's operations since 2009, the risk of a lack of an active service technician within that timeframe is significantly lower than with smaller suppliers.

Trade-offs
PERC (P-type) in the era of TOPCon dominance

The PERC technology exhibits a worse temperature coefficient (–0.35 to –0.40%/°C) compared to N-type TOPCon (–0.29 to –0.32%/°C) and shows a higher annual degradation rate (0.6–0.8% vs 0.4–0.5% for TOPCon). Over a 25-year lifespan, this difference translates to a significantly lower cumulative energy yield; by 2025–2026, TOPCon is already the standard price point in this power segment.

12-year product warranty

The 12-year product warranty is shorter than the 15 years offered by some Tier-1 manufacturers in the premium segment (e.g., LONGi Hi-MO 6, JA Solar DeepBlue 4.0 Pro). This reduces the warranty coverage for mechanical failures by 3 years for installations with a planned lifespan of 25+ years.

Designed for single-sided use only – no bifacial gain

The absence of a rear glass prevents bifacial gain. In ground-mounted and rooftop installations with similarly sized modules, bifacial modules achieve 5–15% higher annual energy yield. Among comparable products, the Goldi Solar GS10-B144-TF offers a bifacial version with the same 550W power rating.

Notes from the database
  • At 20.7% efficiency, this panel is on par with typical PERC 500-550W modules
  • Power density of 207.0 W/m² matches the PERC 500-550W median
  • At -0.36%/°C, hot weather performance is typical for PERC 500-550W panels
  • #10764 for efficiency, #12345 for temperature performance out of 14005 panels

Specifications

Open datasheet PDF
Nominal power (Pmax) 535 Wp Nameplate at 1000 W/m², 25 °C
Module efficiency 20.70 % Typical Segment median 20.90%
Vmpp · Impp 41.80 V · 12.80 A Operating point at max power
Voc · Isc 49.60 V · 13.53 A Sizes the string length
Max system voltage 1500 V Longer strings than 1000 V modules
Dimensions 2279×1134×35 mm · 2.58 m² of roof
Weight 29.0 kg Typical Typical · median 28.4 kg
Cells 144 · PERC Monocrystalline
Coefficient Pmax -0.360 %/°C Weak bottom 9% of its segment
Coefficient Voc · Isc -0.260 · 0.043 %/°C
NOCT 43 °C At 800 W/m², 20 °C ambient
Product warranty 12 years Hardware defects only
Performance warranty 25 years Weak bottom 23% · median 30 yrs
End-of-warranty output 84.8 % Equals 439 W guaranteed
Degradation 2.00 → 0.55 % First year, then annual

Simulations

Live - change any input
Lifetime output & value
30 years at 1200 kWh/kWp/year and €0.50 per kWh
Power in year 30
-
Lifetime energy
-
Energy value
-

Degradation from this panel's own datasheet figures. No inverter, soiling or shading losses.

Heat losses
-0.360 %/°C against a segment median of -0.350
-
Filter these
Size
Panel Power Eff. Temp. Weight Difference
AIKO M535M-144 535 W 20.70% -0.360 29.0 kg You are here
LR7-54HJD-510M 510 W 25.00% -0.240 23.5 kg Cooler, lighter, +4.3 pp
AIKO-A495-MCE54Mw 495 W 24.80% -0.260 21.0 kg Cooler, lighter, +4.1 pp
LR7-60HVH-560M 560 W 24.80% -0.260 25.0 kg Cooler, +4.1 pp, +5 yr warranty
LR7-54HJD-505M 505 W 24.70% -0.240 23.5 kg Cooler, lighter, +4.0 pp
LR7-60HVH-555M 555 W 24.60% -0.260 25.0 kg Cooler, +3.9 pp, +5 yr warranty
AIKO-A490-MCE54Mw 490 W 24.50% -0.260 21.0 kg Cooler, lighter, +3.8 pp
LR7-54HJD-500M 500 W 24.50% -0.240 23.5 kg Cooler, lighter, +3.8 pp
M530M-144 530 W 20.50% -0.360 29.0 kg Very close match
M540M-144 540 W 20.90% -0.360 29.0 kg Very close match
M545M-144 545 W 21.10% -0.360 29.0 kg +10 W, +0.4 pp
M550M-144 550 W 21.30% -0.360 29.0 kg +15 W, +0.6 pp
AIKO-A-600-MAH72Mw 600 W 23.20% -0.290 28.2 kg +65 W, cooler, +2.5 pp
AIKO-A-605-MAH72Mw 605 W 23.40% -0.290 28.2 kg +70 W, cooler, +2.7 pp
AIKO-A-610-MAH72Mw 610 W 23.60% -0.290 28.2 kg +75 W, cooler, +2.9 pp
AIKO-A650-MAE72Mw 650 W 25.20% -0.260 27.0 kg +115 W, cooler, +4.5 pp
AIKO-A645-MAE72Mw 645 W 25.00% -0.260 27.0 kg +110 W, cooler, +4.3 pp

Found 2326 panels of the same or similar size to this one, within ±10 mm. See them here Found 2368 panels of the same or similar size to this one, within ±25 mm. See them here Found 2382 panels of the same or similar size to this one, within ±50 mm. See them here Found 2542 panels of the same or similar size to this one, within ±100 mm. See them here

Common questions

6 answered
What is the ABC technology used in AIKO M-144 panels, and why is it superior to traditional solar cells?
ABC (All Back Contact) is a solar cell design in which all electrical connections are moved to the back of the module. This results in a completely clear front surface, allowing for more active area to absorb sunlight. In practice, this translates to AIKO M-144 modules achieving efficiencies of up to 25%, as well as improved performance in cloudy or diffuse light conditions, which is difficult to achieve with standard PERC or TOPCon cells.
What is the warranty on Aiko M-144 530-550W solar panels?
The manufacturer offers a 12-year product warranty and a 25-year performance warranty. Due to a low annual degradation rate of approximately 0.35% after the first year, the modules retain over 90% of their original power even after 30 years of operation. This is one of the best durability indicators available on the market for Tier 1 commercial-grade modules.
Do the AIKO M-144 solar panels experience a significant drop in power output during the summer months at high temperatures?
The N-type ABC technology provides a temperature coefficient of approximately -0.26%/°C, which is significantly better than typical PERC modules (-0.35%/°C) or many TOPCon models. This means that on a hot day at 70°C, the AIKO M-144 550W module loses less power than its competitors, directly translating to higher annual energy yield in warm climates and on exposed roofs.
Are Aiko M-144 550W solar panels suitable for large commercial installations and solar farms?
Yes, the M-144 series, featuring 182mm cannons and power output up to 550W, is primarily designed for commercial, industrial, and solar farm installations. Its high power density per square meter allows for maximizing energy production on limited roof or ground space. The modules are compatible with standard three-phase inverters and mounting structures designed for the 182mm format.
Are the ABC cells in the AIKO M-144 series more resistant to micro-cracks than standard modules?
Yes. The absence of metallic busbars on the front of the module reduces the mechanical stress, which is the main cause of microcracks in traditional modules. The N-type modules produced by Aiko are also less susceptible to light-induced degradation (LID) and humidity-induced degradation (LETID), as confirmed by independent tests. The manufacturer states that the hot-spot temperature is more than 30% lower compared to TOPCon modules of similar power.
What is the maximum power output of the Aiko M-144 panel, and what power options are available for this series?
The AIKO M-144 (182 mm Cell) series includes monofacial modules with a power output ranging from 530 W to 550 W. The top-end 550 W version, with 144 cells and an efficiency of up to 25%, is one of the most efficient commercially available modules on the market. The specific power variant chosen depends on the project requirements, available space, and inverter configuration.
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