From 2010 to 2019, shipments from the top 10 PV manufacturers grew from 11 GW to 78 GW, with some companies shipping more than 10 GW annually. • Only four of the leading companies in 2010 remain in the top 10 in 2019, and all in the bottom half. • New companies moved to top spots in a relatively short amount of time, in part through the rapid growth of mono c-Si production. • Tongwei produced 1 GW in 2014 and recently announced plans to open a new 30 GW cell manufacturing facility. • Aiko, founded in 2009, recently announced plans to build a 45 GW manufacturing facility by 2022. • LONGi gained significant market share through its rapid scale-up of mono-crystalline wafer. manufacturing (with currently over 45 GW of wafering capacity)

Source: NREL annual report