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

# Emmvee vs Vikram Solar

Vikram Solar has the broader catalog (202 vs 166 models). Vikram Solar leads on peak efficiency at 23.69%. Vikram Solar leans bifacial (74% of lineup).


## The two companies


| Attribute | Emmvee | Vikram Solar |
| --- | --- | --- |
| Country | India | India |
| Headquarters | Bengaluru | Kolkata |
| Founded | 1992 | 2005 |
| Employees |  | 1,895 |
| Annual capacity |  | 9.5 GW/year |
| Tier 1 | no | yes |
| Listed |  | NSE, BSE: VIKRAMSOLR |
| Website | [https://www.emmveephotovoltaic.com](https://www.emmveephotovoltaic.com) | [http://www.vikramsolar.com](http://www.vikramsolar.com) |

Vikram Solar Limited is a leading Indian solar photovoltaic (PV) module manufacturer and solar solutions provider. They offer engineering, procurement, construction (EPC), and operations & maintenance (O&M) services for solar plants. The company manufactures high-efficiency solar PV modules and has a pan-India...


## Catalog & Power


| Measure | Emmvee | Vikram Solar | Margin |
| --- | --- | --- | --- |
| Panel Models | 166 | 202 | +36 |
| Max Power | 720 W | 735 W | +15 W |
| Avg Power | 526 W | 553 W | +27 W |


## Efficiency


| Measure | Emmvee | Vikram Solar | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 23.51% | 23.69% | +0.18 pp |
| Avg Efficiency | 21.69% | 21.45% | +0.24 pp |


## Reliability & Warranty


| Measure | Emmvee | Vikram Solar | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.311%/°C | -0.334%/°C | +0.022 |
| Bifacial Share | 91 (55%) | 150 (74%) | +19 pp |
| Avg Warranty | 27.0 yrs | 28.6 yrs | +1.6 yr |


## Efficiency distribution

Emmvee skews to higher efficiency: 10% of lineup is 23%+


| Efficiency band | Emmvee | Vikram Solar |
| --- | --- | --- |
| \<20% | 1 (0.6%) | 11 (5.4%) |
| 20-21% | 48 (28.9%) | 42 (20.8%) |
| 21-22% | 47 (28.3%) | 106 (52.5%) |
| 22-23% | 54 (32.5%) | 27 (13.4%) |
| 23%+ | 16 (9.6%) | 16 (7.9%) |


## Power distribution

Vikram Solar offers more 600W+ panels (42% of lineup)


| Power band | Emmvee | Vikram Solar |
| --- | --- | --- |
| \<400W | 6 (3.6%) | 12 (5.9%) |
| 400-499W | 62 (37.3%) | 54 (26.7%) |
| 500-599W | 72 (43.4%) | 52 (25.7%) |
| 600-699W | 16 (9.6%) | 69 (34.2%) |
| 700W+ | 10 (6.0%) | 15 (7.4%) |


## Cell technology

Dominant cell tech: **TOPCon** (61%)

Dominant cell tech: **PERC** (75%)


| Technology | Emmvee | Vikram Solar |
| --- | --- | --- |
| TOPCon | 102 (61.4%) | 8 (4.0%) |
| PERC | 63 (38.0%) | 152 (75.2%) |
| N-type | 1 (0.6%) | 30 (14.9%) |
| HJT | 0 | 12 (5.9%) |


## Top panels, Emmvee


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [E720HCBG 132-T](https://comparepv.com/panel/emmvee-e720hcbg-132-t) | 720 | 23.2 | -0.290 | Monocrystalline |
| 2 | [E720HCBG132-T](https://comparepv.com/panel/emmvee-e720hcbg132-t) | 720 | 23.2 | -0.290 | Monocrystalline |
| 3 | [E715HCBG 132-T](https://comparepv.com/panel/emmvee-e715hcbg-132-t) | 715 | 23.0 | -0.290 | Monocrystalline |
| 4 | [E715HCBG132-T](https://comparepv.com/panel/emmvee-e715hcbg132-t) | 715 | 23.0 | -0.290 | Monocrystalline |
| 5 | [E710HCBG 132-T](https://comparepv.com/panel/emmvee-e710hcbg-132-t) | 710 | 22.9 | -0.290 | Monocrystalline |
| 6 | [E710HCBG132-T](https://comparepv.com/panel/emmvee-e710hcbg132-t) | 710 | 22.9 | -0.290 | Monocrystalline |
| 7 | [E705HCBG 132-T](https://comparepv.com/panel/emmvee-e705hcbg-132-t) | 705 | 22.7 | -0.290 | Monocrystalline |
| 8 | [E705HCBG132-T](https://comparepv.com/panel/emmvee-e705hcbg132-t) | 705 | 22.7 | -0.290 | Monocrystalline |
| 9 | [E700HCBG 132-T](https://comparepv.com/panel/emmvee-e700hcbg-132-t) | 700 | 22.5 | -0.290 | Monocrystalline |
| 10 | [E700HCBG132-T](https://comparepv.com/panel/emmvee-e700hcbg132-t) | 700 | 22.5 | -0.290 | Monocrystalline |


## Top panels, Vikram Solar


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [SURYAVA VSMDH.66.735.05](https://comparepv.com/panel/vikram-solar-suryava-vsmdh-66-735-05) | 735 | 23.7 | -0.260 | Monocrystalline |
| 2 | [SURYAVA VSMDH.66.730.05](https://comparepv.com/panel/vikram-solar-suryava-vsmdh-66-730-05) | 730 | 23.5 | -0.260 | Monocrystalline |
| 3 | [SURYAVA VSMDH.66.725.05](https://comparepv.com/panel/vikram-solar-suryava-vsmdh-66-725-05) | 725 | 23.3 | -0.260 | Monocrystalline |
| 4 | [SURYAVA VSMDH.66.720.05](https://comparepv.com/panel/vikram-solar-suryava-vsmdh-66-720-05) | 720 | 23.2 | -0.260 | Monocrystalline |
| 5 | [HYPERSOL VSMDH.66.AAA.05-720](https://comparepv.com/panel/vikram-solar-hypersol-vsmdh-66-aaa-05-720) | 720 | 23.2 | -0.280 | Monocrystalline |
| 6 | [SURYAVA VSMDH.66.715.05](https://comparepv.com/panel/vikram-solar-suryava-vsmdh-66-715-05) | 715 | 23.0 | -0.260 | Monocrystalline |
| 7 | [HYPERSOL VSMDH.66.715.05](https://comparepv.com/panel/vikram-solar-hypersol-vsmdh-66-715-05) | 715 | 23.0 | -0.300 | Monocrystalline |
| 8 | [HYPERSOL VSMDH.66.AAA.05-715](https://comparepv.com/panel/vikram-solar-hypersol-vsmdh-66-aaa-05-715) | 715 | 23.0 | -0.280 | Monocrystalline |
| 9 | [SURYAVA VSMDH.66.710.05](https://comparepv.com/panel/vikram-solar-suryava-vsmdh-66-710-05) | 710 | 22.9 | -0.260 | Monocrystalline |
| 10 | [HYPERSOL VSMDH.66.710.05](https://comparepv.com/panel/vikram-solar-hypersol-vsmdh-66-710-05) | 710 | 22.9 | -0.300 | Monocrystalline |


## Summary

Emmvee is an Indian module manufacturer headquartered in Bengaluru, founded in 1992, with a long industrial pedigree before pivoting fully into solar manufacturing. The company has expanded rapidly, growing module capacity from roughly 7.8 GW in mid-2025 to over 10 GW by early 2026, alongside nearly 3 GW of in-house cell production. Emmvee is notably the only Indian manufacturer to pass all seven categories of the Kiwa PVEL 2024 Reliability Scorecard, underscoring strong quality control, though its standing on BloombergNEF's Tier 1 list is less consistently documented than some peers. Vikram Solar, founded in 2005 and based in Kolkata, has a longer track record in export markets, including Europe, and has recently re-entered BloombergNEF's Tier 1 list, giving it a somewhat firmer institutional footing with banks and project financiers evaluating bankability.

Both manufacturers are centered on N-type TOPCon technology, offering bifacial and monofacial variants, with Emmvee also retaining Mono PERC lines in its catalog. Vikram Solar markets its modules under branded series such as Hypersol (bifacial TOPCon) and Paradea (bifacial PERC), targeting rooftop residential, commercial and industrial, and utility-scale ground-mount projects alike. Emmvee covers a similarly broad range of use cases, with particular emphasis on the domestic Indian market and exports to the United States, promoting bifacial modules up to 545 Wp designed to capture meaningful extra yield from reflected light.

For a typical international buyer, the two brands are largely comparable in technology and market positioning, so there is no clear-cut winner. Vikram Solar carries a slight edge in institutional maturity and confirmed Tier 1 bankability, which can smooth financing for larger utility projects, while Emmvee stands out for its rapid capacity growth and strong third-party reliability testing results. In practice, the decision should hinge more on local distributor availability, warranty terms of the specific batch, and pricing than on any fundamental quality gap between the two.

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


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Source: https://comparepv.com/emmvee-vs-vikram-solar

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