Luxen Solar Energy vs Vikram Solar - solar panel manufacturer comparison
Vikram Solar has the broader catalog (202 vs 151 models). Luxen Solar Energy leads on peak efficiency at 24.80%. Vikram Solar leans bifacial (74% of lineup).
Both catalogues are read from the manufacturers' own datasheets. A brand is not scored against the market here, only against the other brand on this page.
The two companies
Luxen Solar is a global company dedicated to the production and sales of high-power, low-attenuation solar photovoltaic modules. The company was founded in Spain and has since established manufacturing facilities and branches in various countries. Luxen is recognized as a Tier 1 manufacturer by BloombergNEF and is...
- Founded
- 2005
- Headquarters
- Suzhou, China
- Annual capacity
- 3 GW/year
- Employees
- 500+
- Tier 1 bankable
- Yes
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...
- Founded
- 2005
- Headquarters
- Kolkata, India
- Annual capacity
- 9.5 GW/year
- Employees
- 1,895
- Listed
- NSE, BSE: VIKRAMSOLR
- Tier 1 bankable
- Yes
Catalogue against catalogue
An average over a catalogue describes the range a manufacturer publishes, not the module you would buy. A brand with two flagship panels and eighty older ones averages worse than one that has retired its back catalogue.
What each of them builds
Luxen Solar Energy skews to higher efficiency: 11% of lineup is 23%+
Luxen Solar Energy offers more 600W+ panels (43% of lineup)
Dominant cell tech: <strong>N-type</strong> (81%)
Dominant cell tech: <strong>PERC</strong> (75%)
The flagships
Written summary
Luxen Solar Energy was founded in Spain in 2005 and now operates with headquarters in Vienna, Austria, and manufacturing and R&D bases in China, selling into more than 90 regions worldwide. It earned Tier 1 status from BloombergNEF in 2022 and reported roughly 3 GW of annual production capacity in 2023, with expansion plans targeting 10 GW by 2026. Vikram Solar, also founded in 2005, is headquartered in Kolkata, India, and has scaled from a modest 12 MW facility to 4.5 GW of nameplate capacity, with total capacity reaching around 9.5 GW following the commissioning of its new Vallam plant in Tamil Nadu; it too holds current Tier 1 status from BloombergNEF. On institutional footprint and manufacturing scale, Vikram Solar currently has the edge.
Both companies serve residential, commercial and utility-scale segments. Luxen's catalog spans 415 W to 675 W modules built on TOPCon cells, with average efficiency around 21.4 percent and top models reaching 22.3 percent. Vikram Solar fields dedicated product lines such as the ELDORA series and the bifacial SOMERA modules aimed at commercial and utility-scale projects, and its new Vallam facility likewise runs TOPCon technology across M10, G12 and G12R wafer formats. Vikram additionally exports to demanding markets like Japan and the United States, which reflects a track record of quality control recognized abroad.
For an international buyer, both brands sit comfortably in the Tier 1 bankable tier, so neither is a clear technological outlier. Vikram Solar tends to stand out for its longer performance warranty terms, sometimes cited at 30 years, and its larger production base, while Luxen offers the convenience of a European operational headquarters and a broad module wattage range. In most procurement decisions the practical differentiators will be local distributor support, logistics and warranty terms rather than any fundamental gap between the two manufacturers.
Generated by Claude Sonnet 5 · 2026-09-08
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Comparisons are computed from manufacturer datasheets held in the ComparePV database and may not reflect a brand's complete current lineup. Nothing on this page is paid placement.