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

# Luxen Solar Energy vs Vikram Solar

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).


## The two companies


| Attribute | Luxen Solar Energy | Vikram Solar |
| --- | --- | --- |
| Country | China | India |
| Headquarters | Suzhou | Kolkata |
| Founded | 2005 | 2005 |
| Employees | 500+ | 1,895 |
| Annual capacity | 3 GW/year | 9.5 GW/year |
| Tier 1 | yes | yes |
| Listed |  | NSE, BSE: VIKRAMSOLR |
| Website | [http://www.luxensolar.com](http://www.luxensolar.com) | [http://www.vikramsolar.com](http://www.vikramsolar.com) |

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...

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 | Luxen Solar Energy | Vikram Solar | Margin |
| --- | --- | --- | --- |
| Panel Models | 151 | 202 | +51 |
| Max Power | 720 W | 735 W | +15 W |
| Avg Power | 567 W | 553 W | +14 W |


## Efficiency


| Measure | Luxen Solar Energy | Vikram Solar | Margin |
| --- | --- | --- | --- |
| Max Efficiency | 24.80% | 23.69% | +1.11 pp |
| Avg Efficiency | 22.42% | 21.45% | +0.97 pp |


## Reliability & Warranty


| Measure | Luxen Solar Energy | Vikram Solar | Margin |
| --- | --- | --- | --- |
| Avg Temp Coefficient | -0.293%/°C | -0.334%/°C | +0.040 |
| Bifacial Share | 78 (52%) | 150 (74%) | +23 pp |
| Avg Warranty | 29.6 yrs | 28.6 yrs | +1.0 yr |


## Efficiency distribution

Luxen Solar Energy skews to higher efficiency: 11% of lineup is 23%+


| Efficiency band | Luxen Solar Energy | Vikram Solar |
| --- | --- | --- |
| 20-21% | 2 (1.3%) | 42 (20.8%) |
| 21-22% | 28 (18.5%) | 106 (52.5%) |
| 22-23% | 104 (68.9%) | 27 (13.4%) |
| 23%+ | 17 (11.3%) | 16 (7.9%) |
| \<20% | 0 | 11 (5.4%) |


## Power distribution

Luxen Solar Energy offers more 600W+ panels (43% of lineup)


| Power band | Luxen Solar Energy | Vikram Solar |
| --- | --- | --- |
| 400-499W | 42 (27.8%) | 54 (26.7%) |
| 500-599W | 44 (29.1%) | 52 (25.7%) |
| 600-699W | 58 (38.4%) | 69 (34.2%) |
| 700W+ | 7 (4.6%) | 15 (7.4%) |
| \<400W | 0 | 12 (5.9%) |


## Cell technology

Dominant cell tech: **N-type** (81%)

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


| Technology | Luxen Solar Energy | Vikram Solar |
| --- | --- | --- |
| N-type | 123 (81.5%) | 30 (14.9%) |
| Back Contact | 14 (9.3%) | 0 |
| PERC | 10 (6.6%) | 152 (75.2%) |
| Unknown | 3 (2.0%) | 0 |
| TOPCon | 1 (0.7%) | 8 (4.0%) |
| HJT | 0 | 12 (5.9%) |


## Top panels, Luxen Solar Energy


| # | Model | Power | Efficiency | Temp. coefficient | Technology |
| --- | --- | --- | --- | --- | --- |
| 1 | [LNET-720ND](https://comparepv.com/panel/luxen-solar-energy-lnet-720nd) | 720 | 23.2 | -0.300 | Monocrystalline |
| 2 | [LNET-715ND](https://comparepv.com/panel/luxen-solar-energy-lnet-715nd) | 715 | 23.0 | -0.300 | Monocrystalline |
| 3 | [LNET-710ND](https://comparepv.com/panel/luxen-solar-energy-lnet-710nd) | 710 | 22.9 | -0.300 | Monocrystalline |
| 4 | [LNET-705N](https://comparepv.com/panel/luxen-solar-energy-lnet-705n) | 705 | 22.7 | -0.290 | Monocrystalline |
| 5 | [LNET-705ND](https://comparepv.com/panel/luxen-solar-energy-lnet-705nd) | 705 | 22.7 | -0.300 | Monocrystalline |
| 6 | [LNET-700N](https://comparepv.com/panel/luxen-solar-energy-lnet-700n) | 700 | 22.5 | -0.290 | Monocrystalline |
| 7 | [LNET-700ND](https://comparepv.com/panel/luxen-solar-energy-lnet-700nd) | 700 | 22.5 | -0.300 | Monocrystalline |
| 8 | [LNET-695ND](https://comparepv.com/panel/luxen-solar-energy-lnet-695nd) | 695 | 22.4 | -0.300 | Monocrystalline |
| 9 | [LNET-695N](https://comparepv.com/panel/luxen-solar-energy-lnet-695n) | 695 | 22.4 | -0.290 | Monocrystalline |
| 10 | [LNET-690N](https://comparepv.com/panel/luxen-solar-energy-lnet-690n) | 690 | 22.2 | -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

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 415W to 675W 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.

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


## Other comparisons

- [Luxen Solar Energy vs A.B. Energy](https://comparepv.com/luxen-solar-energy-vs-a-b-energy)
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- [Luxen Solar Energy vs AEET](https://comparepv.com/luxen-solar-energy-vs-aeet)
- [AIKO vs Vikram Solar](https://comparepv.com/aiko-vs-vikram-solar)
- [Luxen Solar Energy vs AKCOME](https://comparepv.com/luxen-solar-energy-vs-akcome)
- [ARTsolar vs Vikram Solar](https://comparepv.com/artsolar-vs-vikram-solar)


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Source: https://comparepv.com/luxen-solar-energy-vs-vikram-solar

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