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

# Waaree vs Aptos Solar

Waaree has the broader catalog (222 vs 33 models). Waaree leads on peak efficiency at 23.51%. Aptos Solar leans bifacial (52% of lineup).


## The two companies


| Attribute | Waaree | Aptos Solar |
| --- | --- | --- |
| Country | India | USA |
| Headquarters | Mumbai | San Antonio, TX |
| Founded | 1990 | 2019 |
| Employees | 8500+ | 14 |
| Annual capacity | 13.3 GW/year |  |
| Tier 1 | yes |  |
| Listed | NSE: WAAREEENER |  |
| Website | [https://www.waaree.com/](https://www.waaree.com/) | [https://www.aptossolar.com](https://www.aptossolar.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...

Aptos Solar Technology is a U.S. based company that leverages global sourcing to provide innovative and affordable solar technology. They offer high-performance solar panels optimized with their patented Dual Nano Absorber (DNA) technology for residential, commercial, and utility applications. The company is committed...


## Catalog & Power


| Measure | Waaree | Aptos Solar | Margin |
| --- | --- | --- | --- |
| Panel Models | 222 | 33 | +189 |
| Max Power | 730 W | 550 W | +180 W |
| Avg Power | 371 W | 432 W | +61 W |


## Efficiency


| Measure | Waaree | Aptos Solar | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 23.51% | 21.29% | +2.22 pp |
| Avg Efficiency | 18.39% | 20.58% | +2.19 pp |


## Reliability & Warranty


| Measure | Waaree | Aptos Solar | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.362%/°C | -0.334%/°C | +0.028 |
| Bifacial Share | 85 (38%) | 17 (52%) | +13 pp |
| Avg Warranty | 21.7 yrs | 30.0 yrs | +8.3 yr |


## Efficiency distribution

Waaree skews to higher efficiency: 4% of lineup is 23%+


| Efficiency band | Waaree | Aptos Solar |
| --- | --- | --- |
| \<20% | 139 (62.6%) | 5 (15.2%) |
| 20-21% | 47 (21.2%) | 20 (60.6%) |
| 21-22% | 14 (6.3%) | 8 (24.2%) |
| 22-23% | 13 (5.9%) | 0 |
| 23%+ | 9 (4.1%) | 0 |


## Power distribution

Waaree offers more 600W+ panels (12% of lineup)


| Power band | Waaree | Aptos Solar |
| --- | --- | --- |
| \<400W | 124 (55.9%) | 6 (18.2%) |
| 400-499W | 35 (15.8%) | 24 (72.7%) |
| 500-599W | 36 (16.2%) | 3 (9.1%) |
| 600-699W | 20 (9.0%) | 0 |
| 700W+ | 7 (3.2%) | 0 |


## Cell technology

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

Dominant cell tech: **PERC** (100%)


| Technology | Waaree | Aptos Solar |
| --- | --- | --- |
| PERC | 107 (48.2%) | 33 (100.0%) |
| 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 |


## Top panels, Aptos Solar


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [DNA-144-BF10-550W-DG](https://comparepv.com/panel/aptos-solar-dna-144-bf10-550w-dg) | 550 | 21.3 | -0.335 | Monocrystalline |
| 2 | [DNA-144-BF10-545W-DG](https://comparepv.com/panel/aptos-solar-dna-144-bf10-545w-dg) | 545 | 21.1 | -0.335 | Monocrystalline |
| 3 | [DNA-144-BF10-540W-DG](https://comparepv.com/panel/aptos-solar-dna-144-bf10-540w-dg) | 540 | 20.9 | -0.335 | Monocrystalline |
| 4 | [DNA-120-MF10-460W](https://comparepv.com/panel/aptos-solar-dna-120-mf10-460w) | 460 | 21.3 | -0.350 | Monocrystalline |
| 5 | [DNA-120-BF10-460W](https://comparepv.com/panel/aptos-solar-dna-120-bf10-460w) | 460 | 21.3 | -0.350 | Monocrystalline |
| 6 | [DNA-120-MF10-455W](https://comparepv.com/panel/aptos-solar-dna-120-mf10-455w) | 455 | 21.0 | -0.350 | Monocrystalline |
| 7 | [DNA-120-BF10-455W](https://comparepv.com/panel/aptos-solar-dna-120-bf10-455w) | 455 | 21.0 | -0.350 | Monocrystalline |
| 8 | [DNA-144-MF26-450W](https://comparepv.com/panel/aptos-solar-dna-144-mf26-450w) | 450 | 20.2 | -0.380 | Monocrystalline |
| 9 | [DNA-120-BF10-450W](https://comparepv.com/panel/aptos-solar-dna-120-bf10-450w) | 450 | 20.8 | -0.350 | Monocrystalline |
| 10 | [DNA-120-MF10-450W](https://comparepv.com/panel/aptos-solar-dna-120-mf10-450w) | 450 | 20.8 | -0.350 | Monocrystalline |


## Summary

Aptos Solar is a US-headquartered solar panel supplier, based in California, with module manufacturing carried out in Vietnam. The company is positioned as a boutique, technology-focused brand built around its proprietary Dual Nano Absorber (DNA) cell architecture, and it markets itself primarily to the North American residential and light commercial market rather than to utility-scale developers. Waaree Energies, by contrast, is a much larger and longer-established Indian manufacturer founded in 1989 (solar operations since 2007-2009), and has grown into India's largest solar module producer, with reported global module capacity around 22.3 GW and solar cell capacity near 5.4 GW as of late 2025. Waaree has held BloombergNEF Tier 1 bankability status for 35 consecutive quarters, giving it strong credibility with project financiers; no equivalent Tier 1 listing was found for Aptos Solar in available sources. On institutional footprint, Waaree is clearly the heavier-weight player, with vertically integrated mega-factories, ALMM-approved status in India, and an expanding US manufacturing presence, while Aptos operates at a smaller, more specialized scale.

The two brands also target different buyer profiles. Aptos focuses on premium and value-oriented residential rooftop installations in the US, emphasizing high efficiency (reported up to around 20.6-21.3%), low temperature coefficients, and reduced degradation rates (around 0.54% annually) at prices reviewers describe as 5-15% below comparable Tier 1 panels. Waaree's product lines, built on N-type TOPCon cell technology, span residential, commercial and utility-scale applications, with panels in the 415-445W range and efficiencies reported up to about 22.79%; reviewers describe them as solid, mainstream-quality modules rather than top-tier performance leaders, backed by a 12-year product warranty and 30-year performance guarantee. Waaree's modules are widely distributed in India and increasingly in the US, while Aptos remains a more niche presence, mainly through US solar installers.

For a typical buyer in 2025, the better default depends on context: Waaree is the safer choice for large-scale or financed projects needing established Tier 1 bankability, broad track record, and manufacturing scale, while Aptos can be an attractive option for US residential buyers prioritizing efficiency and advanced cell technology at a competitive price point from a smaller, specialized supplier. The two are not strictly interchangeable, since they serve different market segments and buyer priorities.

\---LINKS---

\- https://www.pv-magazine.com/2025/12/15/indias-waaree-energies-lifts-global-solar-module-capacity-to-22-3-gw/ \| Waaree Energies lifts global solar module capacity to 22.3 GW \| article

\- https://www.pv-magazine.com/2025/12/31/waaree-energies-tops-20-gw-as-indias-largest-almm-approved-solar-manufacturer/ \| Waaree tops 20 GW as India's largest ALMM-approved solar maker \| article

\- https://www.solarreviews.com/blog/waaree-solar-panel-expert-review \| 2025 Waaree Solar Panels Expert Review \| review

\- https://www.solarreviews.com/blog/aptos-solar-panels-expert-review \| Expert Review Of Aptos Solar Panels \| review

\- https://www.energysage.com/supplier/25391/aptos-solar-technology/ \| Aptos Solar Technology - Profile & Reviews \| review

Written by claude-sonnet-5 from the figures above.


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Source: https://comparepv.com/waaree-vs-aptos-solar

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