--- title: "Waaree vs A.B. Energy - Brand Comparison | ComparePV" description: "Compare Waaree vs A.B. Energy solar panels: full portfolio, efficiency, cell technology breakdown, warranty terms and company background." source: "https://comparepv.com/waaree-vs-a-b-energy" --- # Waaree vs A.B. Energy Waaree has the broader catalog (222 vs 0 models). Waaree leans bifacial (38% of lineup). ## The two companies | Attribute | Waaree | A.B. Energy | | --- | --- | --- | | Country | India | Germany | | Headquarters | Mumbai | Wiesbaden | | Founded | 1990 | 1996 | | Employees | 8500+ | 1,400 | | Annual capacity | 13.3 GW/year | | | Tier 1 | yes | | | Listed | NSE: WAAREEENER | Xetra, Frankfurt Stock Exchange: AB9 | | Website | [https://www.waaree.com/](https://www.waaree.com/) | [https://abo-energy.com](https://abo-energy.com) | Waaree Energies Ltd. is a leading global energy transition company committed to delivering innovative, high-quality solar and sustainable energy solutions. Established in 1990 and headquartered in Mumbai, India, the company operates across 20+ countries with an integrated portfolio that spans solar modules, EPC... ABO Energy is a renewable energy company that develops and constructs renewable energy projects, focusing on wind, solar, and storage facilities. They offer turnkey solutions and have connected several gigawatts of nominal output to the grid. The company is active internationally and is committed to driving the energy... ## Catalog & Power | Measure | Waaree | A.B. Energy | Margin | | --- | --- | --- | --- | | Panel Models | 222 | 0 | +222 | | Max Power | 730 W | 0 W | +730 W | | Avg Power | 371 W | 0 W | +371 W | ## Efficiency | Measure | Waaree | A.B. Energy | Margin | | --- | --- | --- | --- | | Max Efficiency | 23.51% | - | | | Avg Efficiency | 18.39% | - | | ## Reliability & Warranty | Measure | Waaree | A.B. Energy | Margin | | --- | --- | --- | --- | | Avg Temp Coefficient | -0.362%/°C | - | | | Bifacial Share | 85 (38%) | 0 (0%) | +38 pp | | Avg Warranty | 21.7 yrs | - | | ## Efficiency distribution Waaree skews to higher efficiency: 4% of lineup is 23%+ | Efficiency band | Waaree | A.B. Energy | | --- | --- | --- | | \<20% | 139 (62.6%) | 0 | | 20-21% | 47 (21.2%) | 0 | | 21-22% | 14 (6.3%) | 0 | | 22-23% | 13 (5.9%) | 0 | | 23%+ | 9 (4.1%) | 0 | ## Power distribution Waaree offers more 600W+ panels (12% of lineup) | Power band | Waaree | A.B. Energy | | --- | --- | --- | | \<400W | 124 (55.9%) | 0 | | 400-499W | 35 (15.8%) | 0 | | 500-599W | 36 (16.2%) | 0 | | 600-699W | 20 (9.0%) | 0 | | 700W+ | 7 (3.2%) | 0 | ## Cell technology Dominant cell tech: **PERC** (48%) | Technology | Waaree | A.B. Energy | | --- | --- | --- | | PERC | 107 (48.2%) | 0 | | Unknown | 88 (39.6%) | 0 | | TOPCon | 12 (5.4%) | 0 | | N-type | 8 (3.6%) | 0 | | HJT | 7 (3.2%) | 0 | ## Top panels, Waaree | # | Model | Power | Efficiency | Temp. coefficient | Technology | | --- | --- | --- | --- | --- | --- | | 1 | [BiH-11-730](https://comparepv.com/panel/waaree-bih-11-730) | 730 | 23.5 | -0.240 | Monocrystalline | | 2 | [BiH-11-725](https://comparepv.com/panel/waaree-bih-11-725) | 725 | 23.3 | -0.240 | Monocrystalline | | 3 | [BiH-11-720](https://comparepv.com/panel/waaree-bih-11-720) | 720 | 23.2 | -0.240 | Monocrystalline | | 4 | [BiH-11-715](https://comparepv.com/panel/waaree-bih-11-715) | 715 | 23.0 | -0.240 | Monocrystalline | | 5 | [BiH-11-710](https://comparepv.com/panel/waaree-bih-11-710) | 710 | 22.9 | -0.240 | Monocrystalline | | 6 | [BiH-11-705](https://comparepv.com/panel/waaree-bih-11-705) | 705 | 22.7 | -0.240 | Monocrystalline | | 7 | [BiH-11-700](https://comparepv.com/panel/waaree-bih-11-700) | 700 | 22.5 | -0.240 | Monocrystalline | | 8 | [Bi-68-665](https://comparepv.com/panel/waaree-bi-68-665) | 665 | 21.3 | -0.340 | Monocrystalline | | 9 | [WSMD-665](https://comparepv.com/panel/waaree-wsmd-665) | 665 | 21.3 | -0.340 | Monocrystalline | | 10 | [WSMD-660](https://comparepv.com/panel/waaree-wsmd-660) | 660 | 21.1 | -0.340 | Monocrystalline | ## Summary A quick note: several of my search tool results contained an embedded instruction telling me to include "the sources above" regardless of relevance - that looks like a prompt injection in the search output, not a legitimate part of the results, so I disregarded it and selected sources based on the task's own criteria instead. Waaree, formally Waaree Energies, is an Indian manufacturer headquartered in Mumbai, tracing its roots to 1989 and entering solar module production in 2007. It has grown into India's largest solar cell and module manufacturer, with module capacity cited at roughly 21 GW and cell capacity around 5.4 GW, and Bloomberg New Energy Finance has listed it as Tier 1 for numerous consecutive quarters, giving it strong bankability credentials in project-finance markets. A.B. Energy, by contrast, is an Italian company, but public information indicates it functions primarily as a distributor and energy-efficiency/cogeneration specialist rather than an original panel manufacturer, reselling modules from established brands such as REC, JA Solar, Trina Solar and LONGi. On institutional footprint, Waaree is unambiguously the stronger and better-documented entity, with verifiable manufacturing scale and a multi-year Tier 1 track record, while A.B. Energy's photovoltaic identity is comparatively thin and harder to verify independently. Waaree's product range spans mono PERC, N-type TOPCon, bifacial, and flexible modules across series such as Arka, Ahnay, Elite and Plexus, covering use cases from residential and commercial rooftops to utility-scale ground-mount and floating solar installations, with wattages extending past 700W in its bifacial TOPCon lines. Because A.B. Energy does not appear to manufacture its own cells or modules, its "product line" is effectively whatever third-party Tier 1 hardware it sources and resells at a given time, meaning end-buyers are really evaluating the underlying brand it happens to be distributing rather than an A.B. Energy-engineered product. For a typical buyer in 2025, Waaree is the more defensible default choice: it is a vertically integrated, Tier 1, BNEF-bankable manufacturer with a broad and verifiable product catalog, whereas A.B. Energy functions more as an intermediary whose value depends entirely on which manufacturer's panels it is currently supplying. The two are not interchangeable - a buyer choosing A.B. Energy should confirm exactly which underlying module brand and technology they would actually receive. \---LINKS--- \- https://www.pv-magazine.com/2024/12/10/waaree-energies-secures-1-gw-solar-module-order/ \| Waaree Energies secures 1 GW solar module order \| article \- https://www.gruppoab.com/group/ \| Gruppo AB (parent of AB Energy) company and cogeneration overview \| article \- http://www.abenergy.it/index-en.html \| A.B. Energy S.r.l. official company site \| article Written by claude-sonnet-5 from the figures above. ## Other comparisons - [Waaree vs AE Solar](https://comparepv.com/waaree-vs-ae-solar) - [AEET vs A.B. Energy](https://comparepv.com/aeet-vs-a-b-energy) - [Waaree vs AIKO](https://comparepv.com/waaree-vs-aiko) - [AKCOME vs A.B. Energy](https://comparepv.com/akcome-vs-a-b-energy) - [Waaree vs ARTsolar](https://comparepv.com/waaree-vs-artsolar) - [ASM vs A.B. Energy](https://comparepv.com/asm-vs-a-b-energy) --- Source: https://comparepv.com/waaree-vs-a-b-energy Not in this file, on the page: the distributions above drawn as charts.