Xinyi Solar
Xinyi Solar Holdings Limited, commonly known as Xinyi Solar, is a leading player in the solar energy industry, headquartered in China (CN). Founded in 2006, the company has established itself as a prominent manufacturer of high-quality solar glass and photovoltaic (PV) modules, serving major operational regions across Asia, Europe, and North America. Xinyi Solar's core products include solar glass, solar cells, and solar modules, distinguished by their advanced technology and commitment to sustainability. The company has achieved significant milestones, including substantial production capacity expansions and strategic partnerships, solidifying its market position as one of the largest solar glass producers globally. With a focus on innovation and quality, Xinyi Solar continues to drive the renewable energy sector forward, contributing to a greener future.
DitchCarbon Score
How does Xinyi Solar's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Solar Thermal Electricity industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Xinyi Solar's score of 14 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Xinyi Solar's reported carbon emissions
In 2023, Xinyi Solar reported total carbon emissions of approximately 5,710,230,000 kg CO2e, with Scope 1 emissions accounting for about 4,490,174,000 kg CO2e and Scope 2 emissions contributing approximately 1,220,056,000 kg CO2e. This marked an increase in emissions compared to previous years, with total emissions in 2022 at about 3,929,933,000 kg CO2e, 2021 at approximately 3,249,629,000 kg CO2e, and 2020 at around 15,248,890 kg CO2e. Xinyi Solar has disclosed emissions data across Scopes 1, 2, and 3, with significant emissions from purchased goods and services in Scope 3, amounting to approximately 1,508,301,000 kg CO2e in 2020. The company has not set specific reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. The greenhouse gas emissions intensity of their solar glass products has shown a decrease, with 2023 reporting an intensity of about 4,990 kg CO2e per tonne, down from 5,690 kg CO2e per tonne in 2022. This suggests a focus on improving production efficiency and reducing the carbon footprint of their products. Overall, while Xinyi Solar has made strides in emissions reporting and product intensity reduction, the lack of formal reduction targets highlights the need for enhanced climate commitments moving forward.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 176,920 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 15,120,020 | 000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 3 | 15,248,890 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Xinyi Solar is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
