HIGH-TECH

Solar Manufacturer

World’s Most Productive Companies

Solar Manufacturer

Solar Manufacturers make panels, cells, and solar materials. Productivity is cyclical and policy-sensitive, tracking demand, capacity, and trade dynamics.

The group had a strong 2025, finishing about 16% above its 2019 baseline. First Solar stood out as a World’s Most Productive Company, reaching 1.63. Results were mixed, with gains and declines roughly balanced.


Solar Manufacturer peer group IPI trends

Solar Manufacturer World's Most Productive Companies

First Solar logo

Productivity Snapshot

  • Solar Manufacturer ranks fourth of eight High Tech peer groups in 2025, at an Industrial Productivity Index of 1.16, about 16% above its 2019 baseline.
  • 2 of 4 companies grew productivity in 2025.
  • It is the group’s World’s Most Productive Company: First Solar (1.63).
  • The group sits well above its 2019 baseline, with its differentiated US manufacturer standing well clear of the pack.

Interested in learning more about how you stack up, where to improve, and the impact on margin, cash, inventory, and assets?