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Xinyi Solar Holdings Limited, commonly known as Xinyi Solar, is a leading player in the solar thermal electricity industry, headquartered in China. Founded in 2006, the company has rapidly expanded its operations across major regions, including Asia, Europe, and North America, establishing a strong global presence.
Specialising in the production of high-quality solar glass and photovoltaic products, Xinyi Solar is renowned for its innovative technology and commitment to sustainability. The company’s core offerings include solar panels and glass, which are distinguished by their efficiency and durability, catering to the growing demand for renewable energy solutions.
With a robust market position, Xinyi Solar has achieved significant milestones, including being listed on the Hong Kong Stock Exchange. Its dedication to research and development has solidified its reputation as a pioneer in the solar industry, contributing to a greener future.
29
DitchCarbon score
+18 vs industry average
Xinyi Solar’s score of 29 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Solar Thermal Electricity is among the most carbon-intensive industries
Industry performance
3.039
20182025
The Solar Thermal Electricity industry has reduced its overall emissions by 36% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Xinyi Solar's reported carbon emissions
Xinyi Solar, based in China and operating in the Electricity by Solar Thermal industry, reported total carbon emissions of approximately 10.4 billion kg CO2e in 2025. This included about 4.97 billion kg CO2e from Scope 1 emissions, approximately 1.02 billion kg CO2e from Scope 2 emissions, and about 4.40 billion kg CO2e from Scope 3 emissions.
In 2024, the company's total emissions were approximately 7.85 billion kg CO2e, comprising about 5.43 billion kg CO2e in Scope 1, approximately 1.24 billion kg CO2e in Scope 2, and about 1.18 billion kg CO2e in Scope 3.
Looking back, Xinyi Solar's Scope 1 and 2 emissions were about 5.71 billion kg CO2e in 2023, approximately 3.93 billion kg CO2e in 2022, approximately 3.25 billion kg CO2e in 2021, and about 2.52 billion kg CO2e in 2020.
Xinyi Solar has committed to achieving peak Scope 1 and 2 greenhouse gas emissions by 2029, with a target officially established in 2025.
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Xinyi Solar’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Xinyi Solar1 month ago
29
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