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

# Waaree vs ARTsolar

Waaree has the broader catalog (222 vs 0 models). Waaree leans bifacial (38% of lineup).


## The two companies


| Attribute | Waaree | ARTsolar |
| --- | --- | --- |
| Country | India | South Africa |
| Headquarters | Mumbai | Durban |
| Founded | 1990 | 2010 |
| Employees | 8500+ |  |
| Annual capacity | 13.3 GW/year |  |
| Tier 1 | yes | no |
| Listed | NSE: WAAREEENER |  |
| Website | [https://www.waaree.com/](https://www.waaree.com/) | [https://www.artsolar.co.za](https://www.artsolar.co.za) |

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...


## Catalog & Power


| Measure | Waaree | ARTsolar | 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 | ARTsolar | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 23.51% | - |  |
| Avg Efficiency | 18.39% | - |  |


## Reliability & Warranty


| Measure | Waaree | ARTsolar | 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 | ARTsolar |
| --- | --- | --- |
| \<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 | ARTsolar |
| --- | --- | --- |
| \<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 | ARTsolar |
| --- | --- | --- |
| 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

ARTsolar is a South African assembler and distributor headquartered in Pinetown, KwaZulu-Natal, operating under the banner of African Renewable Technologies. The company does not hold independent Tier 1 or BloombergNEF bankability status, but it has secured partnerships with established Tier 1 manufacturers - including LONGi Solar and JA Solar - that allow its assembled modules to carry Tier 1-quality certifications for project financing purposes. Its production facility was originally designed for roughly 300 MW per year, with expansion targets as high as 500 MW, though actual throughput has historically run well below design capacity. Waaree Energies, headquartered in Mumbai, India, was founded in 2009 and has grown into one of the country's largest solar module producers. It holds a consistent BloombergNEF Tier 1 designation - cited across 35 consecutive quarters - and as of late 2025 reported aggregate global module manufacturing capacity of approximately 22.3 GW, including a 2.6 GW facility in the United States. By any institutional measure, Waaree carries a substantially larger and more firmly established footprint.

On the product side, ARTsolar offers monocrystalline panels targeting the South African residential and commercial market, with localized support and warranties backed by its Tier 1 cell-supplier partners. Waaree's catalog spans a wide range - from residential rooftop modules to large-format utility-scale panels - built primarily around N-type TOPCon cell technology, which independent reviewers confirm is central to its current lineup. Waaree's high degree of manufacturing automation has drawn positive attention, with SolarReviews citing module quality as a key differentiator.

For a typical buyer in 2025, Waaree is the more straightforward choice outside of South Africa: it offers independently bankable product at global scale, with a documented technology roadmap and broad distribution. ARTsolar is a reasonable option for South African projects where local content requirements or domestic after-sales support are a priority - though buyers should note that the company has faced legal scrutiny over the extent to which its panels are genuinely locally manufactured rather than imported and assembled.

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

\- https://www.energysage.com/solar-panels/Waaree/ \| Waaree Solar Panels - EnergySage \| review

\- https://groundup.org.za/article/local-manufacturer-actually-imports-99-its-product-court-told/ \| ARTsolar court case - local manufacturer imports 99% of product \| article

\- https://www.engineeringnews.co.za/article/artsolar-and-ja-solar-driving-south-africas-renewable-energy-revolution-2025-06-12 \| ARTsolar and JA Solar - driving South Africa's renewable energy revolution \| article

Sources:

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

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

\- \[Waaree Solar Panels - EnergySage\](https://www.energysage.com/solar-panels/Waaree/)

\- \[ARTsolar court case - local manufacturer imports 99% of product\](https://groundup.org.za/article/local-manufacturer-actually-imports-99-its-product-court-told/)

\- \[ARTsolar and JA Solar - Engineering News\](https://www.engineeringnews.co.za/article/artsolar-and-ja-solar-driving-south-africas-renewable-energy-revolution-2025-06-12)

Written by claude-sonnet from the figures above.


## Other comparisons

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


---

Source: https://comparepv.com/waaree-vs-artsolar

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

