MY Solar vs Vikram Solar - solar panel manufacturer comparison
Vikram Solar has the broader catalog (213 vs 140 models). Vikram Solar leads on peak efficiency at 24.80%. Vikram Solar leans bifacial (76% 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
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
Vikram Solar skews to higher efficiency: 13% of lineup is 23%+
Vikram Solar offers more 600W+ panels (45% of lineup)
Dominant cell tech: PERC (58%)
Dominant cell tech: PERC (71%)
The flagships
Written summary
MY Solar, operating through entities such as MY Solar Technology Co., Ltd. and MY Solar Group, with a US-facing arm branded Mysolar Manufacturing USA Inc., was founded in 2010 and focuses on N-type HJT cells and shingled module designs. The company markets itself as aiming for Tier 1 status, but it does not currently appear on BloombergNEF's confirmed Tier 1 manufacturer list, which limits the amount of independently verifiable data on its production scale and bankability track record. Vikram Solar, founded in 2005 and headquartered in Kolkata, India, has repeatedly been recognized on BloombergNEF's Tier 1 list and has been named a top performer in PVEL's module reliability scorecard, with nameplate capacity currently in the 4.5 to 9.5 GW range and expansion plans targeting over 15 GW annually. On institutional footprint and verified bankability, Vikram Solar clearly leads.
MY Solar's catalog includes mono and poly modules, bifacial options, and HJT panels rated up to 720 W, generally positioned toward residential rooftop and smaller-scale installations. Vikram Solar has built out dedicated product lines instead: the Hypersol series of N-type TOPCon bifacial modules, with outputs around 615-640 W, and the Paradea Mono PERC bifacial series, both engineered to serve utility-scale ground-mount plants, commercial and industrial rooftops, and high-capacity residential systems alike, giving it a broader and better-documented product spread.
For a buyer prioritizing financeability, third-party quality validation, and a manufacturer with a longer track record in utility and C&I deployments, Vikram Solar is the safer default given its confirmed Tier 1 status and PVEL results. MY Solar can be a reasonable option for smaller, less capital-intensive residential projects, but buyers should request current certifications and project references directly, since independently verifiable bankability data for the brand remains limited compared to Vikram Solar.
Generated by Claude Sonnet 5 · 2026-07-29
Other brand comparisons
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.