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

# Heliene vs Vikram Solar

Vikram Solar has the broader catalog (202 vs 91 models). Vikram Solar leads on peak efficiency at 23.69%.


## The two companies


| Attribute | Heliene | Vikram Solar |
| --- | --- | --- |
| Country | Canada | India |
| Headquarters | Sault Ste. Marie | Kolkata |
| Founded | 2010 | 2005 |
| Employees | 200-600 | 1,895 |
| Annual capacity | 1.3 GW/year | 9.5 GW/year |
| Tier 1 | yes | yes |
| Listed |  | NSE, BSE: VIKRAMSOLR |
| Website | [https://heliene.com](https://heliene.com) | [http://www.vikramsolar.com](http://www.vikramsolar.com) |

Heliene is a North American headquartered manufacturer of high-quality, competitively priced solar photovoltaic modules. They have manufacturing operations in the US and Canada, and a global supply chain capability. Heliene is committed to providing reliable and high-performing solar solutions for utility-scale...

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 | Heliene | Vikram Solar | Margin |
| --- | --- | --- | --- |
| Panel Models | 91 | 202 | +111 |
| Max Power | 710 W | 735 W | +25 W |
| Avg Power | 528 W | 553 W | +25 W |


## Efficiency


| Measure | Heliene | Vikram Solar | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 23.08% | 23.69% | +0.61 pp |
| Avg Efficiency | 21.47% | 21.45% | +0.02 pp |


## Reliability & Warranty


| Measure | Heliene | Vikram Solar | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.315%/°C | -0.334%/°C | +0.018 |
| Bifacial Share | 59 (65%) | 150 (74%) | +9 pp |
| Avg Warranty | 25.0 yrs | 28.6 yrs | +3.6 yr |


## Efficiency distribution

Vikram Solar skews to higher efficiency: 8% of lineup is 23%+


| Efficiency band | Heliene | Vikram Solar |
| --- | --- | --- |
| \<20% | 4 (4.4%) | 11 (5.4%) |
| 20-21% | 29 (31.9%) | 42 (20.8%) |
| 21-22% | 21 (23.1%) | 106 (52.5%) |
| 22-23% | 35 (38.5%) | 27 (13.4%) |
| 23%+ | 2 (2.2%) | 16 (7.9%) |


## Power distribution

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


| Power band | Heliene | Vikram Solar |
| --- | --- | --- |
| \<400W | 10 (11.0%) | 12 (5.9%) |
| 400-499W | 22 (24.2%) | 54 (26.7%) |
| 500-599W | 40 (44.0%) | 52 (25.7%) |
| 600-699W | 16 (17.6%) | 69 (34.2%) |
| 700W+ | 3 (3.3%) | 15 (7.4%) |


## Cell technology

Dominant cell tech: **PERC** (43%)

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


| Technology | Heliene | Vikram Solar |
| --- | --- | --- |
| PERC | 39 (42.9%) | 152 (75.2%) |
| N-type | 27 (29.7%) | 30 (14.9%) |
| TOPCon | 20 (22.0%) | 8 (4.0%) |
| HJT | 5 (5.5%) | 12 (5.9%) |


## Top panels, Heliene


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [132HC-710 G12 HJT Bifacial Module](https://comparepv.com/panel/heliene-132hc-710-g12-hjt-bifacial-module) | 710 | 22.9 | -0.260 | Monocrystalline |
| 2 | [132HC-705 G12 HJT Bifacial Module](https://comparepv.com/panel/heliene-132hc-705-g12-hjt-bifacial-module) | 705 | 22.7 | -0.260 | Monocrystalline |
| 3 | [132HC-700 G12 HJT Bifacial Module](https://comparepv.com/panel/heliene-132hc-700-g12-hjt-bifacial-module) | 700 | 22.5 | -0.260 | Monocrystalline |
| 4 | [132HC-695 G12 HJT Bifacial Module](https://comparepv.com/panel/heliene-132hc-695-g12-hjt-bifacial-module) | 695 | 22.4 | -0.260 | Monocrystalline |
| 5 | [132HC-690 G12 HJT Bifacial Module](https://comparepv.com/panel/heliene-132hc-690-g12-hjt-bifacial-module) | 690 | 22.2 | -0.260 | Monocrystalline |
| 6 | [156HC-645 M10 NTYP SL](https://comparepv.com/panel/heliene-156hc-645-m10-ntyp-sl) | 645 | 23.1 | -0.300 | Monocrystalline |
| 7 | [156HC-640 M10 NTYP SL](https://comparepv.com/panel/heliene-156hc-640-m10-ntyp-sl) | 640 | 22.9 | -0.300 | Monocrystalline |
| 8 | [156HC-635 M10 NTYP SL BIFACIAL MODULE](https://comparepv.com/panel/heliene-156hc-635-m10-ntyp-sl-bifacial-module) | 635 | 22.7 | -0.300 | Monocrystalline |
| 9 | [156HC-635 M10 NTYP SL](https://comparepv.com/panel/heliene-156hc-635-m10-ntyp-sl) | 635 | 22.7 | -0.300 | Monocrystalline |
| 10 | [156HC-630 M10 NTYP SL BIFACIAL MODULE](https://comparepv.com/panel/heliene-156hc-630-m10-ntyp-sl-bifacial-module) | 630 | 22.6 | -0.300 | 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

Heliene is a Canadian manufacturer founded in 2009 in Sault Ste Marie, Ontario, and has grown into a Tier 1, bankable module supplier with a growing US manufacturing footprint, most recently a new 500 MW line in Rogers, Minnesota that pushed its US capacity to roughly 1.3 GW, supplementing its original Ontario operations. Vikram Solar, headquartered in Kolkata, India, is a longer-established and considerably larger producer that re-entered BloombergNEF's Tier 1 list and has been recognized as a Top Performer in PVEL's reliability scorecard, with cumulative nameplate capacity reaching about 9.5 GW after commissioning its new 5 GW Vallam plant in Tamil Nadu in late 2025. On sheer institutional footprint and manufacturing scale, Vikram Solar currently has the stronger position, though Heliene's North American manufacturing base gives it a distinct advantage for buyers prioritizing domestic content requirements in the US market.

In terms of product mix, Heliene's portfolio spans PERC, N-type, TOPCon and a smaller HJT lineup, with average module efficiency in the low-20s and flagship models reaching around 23%; the company is generally positioned toward premium commercial and utility-scale projects that value North American manufacturing and traceability. Vikram Solar's current flagship lines are the Hypersol series (N-type TOPCon bifacial) and Paradea series (mono PERC bifacial), with high-wattage bifacial modules aimed at utility-scale and commercial installations, alongside more compact panels for residential rooftops; its top TOPCon modules also reach efficiencies in the low-to-mid 23% range and typically carry extended 27 to 30 year linear power warranties.

For a typical 2025 buyer, the choice largely comes down to context rather than a clear quality gap: Heliene is generally the stronger default for US-based utility or commercial projects where domestic manufacturing and supply-chain traceability matter, while Vikram Solar is often the better fit for large-scale installations in India and other markets where its greater production scale, broader distribution, and TOPCon bifacial lineup offer strong value. Both are recognized Tier 1, bankable brands, so the two are largely interchangeable on core reliability, with the deciding factor usually being project location and domestic-content considerations rather than fundamental technology differences.

\---LINKS---

\- https://www.pv-magazine.com/2025/06/04/heliene-expands-solar-module-capacity-with-new-500-mw-minnesota-plant/ \| Heliene expands solar module capacity with new 500 MW Minnesota plant \| article

\- https://www.vikramsolar.com/press-releases/vikram-solar-ranked-in-bnefs-tier-1-module-manufacturers-list/ \| Vikram Solar re-enters BloombergNEF's Tier 1 module manufacturers list \| article

\- https://m.thewire.in/article/ptiprnews/vikram-solars-new-5-gw-vallam-plant-introduces-one-of-indias-most-advanced-automated-manufacturing-facility \| Vikram Solar's new 5 GW Vallam plant boosts capacity \| article

\- https://renewablewatch.in/2025/02/20/vikram-solar-gets-1-gw-capacity-boost-upgrades-facility-with-superior-efficiency-solar-modules/ \| Vikram Solar gets 1 GW capacity boost, upgrades facility \| article

\- https://pv-magazine-usa.com/2023/12/05/heliene-expands-solar-manufacturing-in-the-u-s/ \| Heliene expands solar manufacturing in the U.S. \| article

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


## Other comparisons

- [Heliene vs A.B. Energy](https://comparepv.com/heliene-vs-a-b-energy)
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- [AIKO vs Vikram Solar](https://comparepv.com/aiko-vs-vikram-solar)
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- [ARTsolar vs Vikram Solar](https://comparepv.com/artsolar-vs-vikram-solar)


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

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