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

# Hyundai vs Vikram Solar

Vikram Solar has the broader catalog (202 vs 65 models). Vikram Solar leads on peak efficiency at 23.69%.


## The two companies


| Attribute | Hyundai | Vikram Solar |
| --- | --- | --- |
| Country | South Korea | India |
| Headquarters | Seongnam-si | Kolkata |
| Founded | 2004 | 2005 |
| Employees | 206 | 1,895 |
| Annual capacity | 1.35 GW/year | 9.5 GW/year |
| Tier 1 | yes | yes |
| Listed | Korea Stock Exchange: 322000 | NSE, BSE: VIKRAMSOLR |
| Website | [https://www.hd-hyundaies.co.kr](https://www.hd-hyundaies.co.kr) | [http://www.vikramsolar.com](http://www.vikramsolar.com) |

HD Hyundai Energy Solutions is a global provider of solar cells and modules, offering solutions for residential, commercial, and utility-scale projects. They provide monofacial, bifacial, and shingled PV modules, along with inverters and various PV solutions. The company is committed to developing next-generation...

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 | Hyundai | Vikram Solar | Margin |
| --- | --- | --- | --- |
| Panel Models | 65 | 202 | +137 |
| Max Power | 640 W | 735 W | +95 W |
| Avg Power | 442 W | 553 W | +111 W |


## Efficiency


| Measure | Hyundai | Vikram Solar | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 23.40% | 23.69% | +0.29 pp |
| Avg Efficiency | 21.49% | 21.45% | +0.04 pp |


## Reliability & Warranty


| Measure | Hyundai | Vikram Solar | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.300%/°C | -0.334%/°C | +0.033 |
| Bifacial Share | 43 (66%) | 150 (74%) | +8 pp |
| Avg Warranty | 27.4 yrs | 28.6 yrs | +1.3 yr |


## Efficiency distribution

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


| Efficiency band | Hyundai | Vikram Solar |
| --- | --- | --- |
| \<20% | 7 (10.8%) | 11 (5.4%) |
| 20-21% | 17 (26.2%) | 42 (20.8%) |
| 21-22% | 12 (18.5%) | 106 (52.5%) |
| 22-23% | 25 (38.5%) | 27 (13.4%) |
| 23%+ | 4 (6.2%) | 16 (7.9%) |


## Power distribution

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


| Power band | Hyundai | Vikram Solar |
| --- | --- | --- |
| \<400W | 8 (12.3%) | 12 (5.9%) |
| 400-499W | 49 (75.4%) | 54 (26.7%) |
| 500-599W | 5 (7.7%) | 52 (25.7%) |
| 600-699W | 3 (4.6%) | 69 (34.2%) |
| 700W+ | 0 | 15 (7.4%) |


## Cell technology

Dominant cell tech: **HJT** (38%)

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


| Technology | Hyundai | Vikram Solar |
| --- | --- | --- |
| HJT | 25 (38.5%) | 12 (5.9%) |
| PERC | 25 (38.5%) | 152 (75.2%) |
| Unknown | 9 (13.8%) | 0 |
| TOPCon | 6 (9.2%) | 8 (4.0%) |
| N-type | 0 | 30 (14.9%) |


## Top panels, Hyundai


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [HiS-T640NJ](https://comparepv.com/panel/hd-hyundai-energy-solutions-his-t640nj) | 640 | 22.9 | -0.290 | Monocrystalline |
| 2 | [HiS-T635NJ](https://comparepv.com/panel/hd-hyundai-energy-solutions-his-t635nj) | 635 | 22.7 | -0.290 | Monocrystalline |
| 3 | [HiS-T630NJ](https://comparepv.com/panel/hd-hyundai-energy-solutions-his-t630nj) | 630 | 22.5 | -0.290 | Monocrystalline |
| 4 | [HiT-H520LF-FB(ZB)](https://comparepv.com/panel/hyundai-hit-h520lf-fb-zb) | 520 | 23.4 | -0.240 | Monocrystalline |
| 5 | [HiT-H515LF-FB(ZB)](https://comparepv.com/panel/hyundai-hit-h515lf-fb-zb) | 515 | 23.2 | -0.240 | Monocrystalline |
| 6 | [HiT-H510LF-FB(ZB)](https://comparepv.com/panel/hyundai-hit-h510lf-fb-zb) | 510 | 22.9 | -0.240 | Monocrystalline |
| 7 | [HiT-H505LF-FB(ZB)](https://comparepv.com/panel/hyundai-hit-h505lf-fb-zb) | 505 | 22.7 | -0.240 | Monocrystalline |
| 8 | [HiT-H500LF-FB(ZB)](https://comparepv.com/panel/hyundai-hit-h500lf-fb-zb) | 500 | 22.5 | -0.240 | Monocrystalline |
| 9 | [HiT-H460LE-FB(ZB)](https://comparepv.com/panel/hyundai-hit-h460le-fb-zb) | 460 | 23.0 | -0.240 | Monocrystalline |
| 10 | [HiT-H460CE-BF](https://comparepv.com/panel/hyundai-hit-h460ce-bf) | 460 | 23.0 | -0.240 | 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

Hyundai Energy Solutions, the solar division of South Korea's HD Hyundai conglomerate, has been manufacturing photovoltaic modules since 2004 and became a standalone entity in 2016. The company holds BloombergNEF Tier 1 bankability status and operates with roughly 1.4 GW of annual module production capacity. Vikram Solar, headquartered in Kolkata, India, has held continuous BloombergNEF Tier 1 recognition since 2014 and has operated at roughly 4.5 GW of installed module capacity in fiscal 2025, with a newly commissioned 5 GW facility in Vallam, Tamil Nadu pushing total capacity toward 9.5 GW and an order book exceeding 10 GW. In terms of manufacturing scale and institutional supply pipeline, Vikram Solar carries the substantially larger footprint.

On the product side, Hyundai Energy Solutions has moved into mass production of N-type TOPCon cells alongside its established bifacial lineup, targeting residential rooftop buyers, commercial flat-roof installations, and utility-scale ground mounts primarily in the U.S. and Australian markets. Its panels are generally positioned as mid-to-premium offerings, typically backed by a 25-year product and performance warranty. Vikram Solar similarly fields two main technology tracks - the Hypersol series using N-type TOPCon bifacial cells optimized for large ground-mount and commercial projects, and the Paradea series using Mono PERC bifacial cells for cost-sensitive utility and distributed generation bids. Vikram's high-wattage modules, some exceeding 700 W, are clearly oriented toward utility procurement and EPC contractors rather than individual homeowners.

For a typical residential buyer in a Western market, Hyundai Energy Solutions is the more accessible and installer-supported choice, given its established distribution presence in North America and Australia and its consumer-oriented warranty posture. Vikram Solar is the stronger candidate for utility-scale developers and commercial EPCs seeking large, bankable volumes with aggressive capacity expansion backing the supply chain. The two brands are not directly interchangeable: Hyundai leans retail and distributed, Vikram leans institutional and utility.

\---LINKS---

\- https://www.solarreviews.com/blog/complete-review-hyundai-solar-panels \| Complete Review of Hyundai Solar Panels in 2025 - SolarReviews \| review

\- https://pv-magazine-usa.com/press-releases/hd-hyundai-energy-solutions-begins-mass-production-of-n-type-topcon-cells/ \| HD Hyundai Energy Solutions begins mass production of N-Type TOPCon cells \| article

\- https://www.pv-tech.org/vikram-solar-starts-work-5gw-topcon-module-manufacturing-facility-india/ \| Vikram Solar starts work at 5GW TOPCon module manufacturing facility in India \| article

\- https://www.pv-tech.org/vikram-solar-bags-200mw-supply-deal-with-ab-energia/ \| Vikram Solar, AB Energia ink 200MW TOPCon module supply deal \| article

\- https://solarquarter.com/2024/02/22/vikram-solar-regains-tier-1-status-in-bloombergnefs-global-module-manufacturers-list/ \| Vikram Solar Regains Tier 1 Status in BloombergNEF Global Module Manufacturers List \| article

Sources:

\- \[Complete Review of Hyundai Solar Panels in 2025 - SolarReviews\](https://www.solarreviews.com/blog/complete-review-hyundai-solar-panels)

\- \[HD Hyundai Energy Solutions begins mass production of N-Type TOPCon cells - PV Magazine USA\](https://pv-magazine-usa.com/press-releases/hd-hyundai-energy-solutions-begins-mass-production-of-n-type-topcon-cells/)

\- \[Vikram Solar starts work at 5GW TOPCon module manufacturing facility in India - PV Tech\](https://www.pv-tech.org/vikram-solar-starts-work-5gw-topcon-module-manufacturing-facility-india/)

\- \[Vikram Solar, AB Energia ink 200MW TOPCon module supply deal - PV Tech\](https://www.pv-tech.org/vikram-solar-bags-200mw-supply-deal-with-ab-energia/)

\- \[Vikram Solar Regains Tier 1 Status in BloombergNEF Global Module Manufacturers List - Solar Quarter\](https://solarquarter.com/2024/02/22/vikram-solar-regains-tier-1-status-in-bloombergnefs-global-module-manufacturers-list/)

Written by claude-sonnet from the figures above.


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

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