- Fluctuating revenue and profit quarter-over-quarter due to the long development cycle of solar projects
- Interest rate increases and labor shortages for solar professionals
- Broken or high-cost supply chains
- Entry of traditional energy companies into the renewable energy space
- Climate-related risks (floods, earthquakes, landslides, etc.)
- Seasonal variations in solar radiation
- Economic impact due to natural disasters
- Reduced solar radiation
Emeren Group Ltd.
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Emeren Group Ltd. disclosed greenhouse gas emissions of 242 tCO2e/year. By scope: Scope 1: 28 tCO2e/year; Scope 2: 42 tCO2e/year; Scope 3: 174 tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
242 tCO2e/year
2022
📊 Emissions by Scope (2022)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 28 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 42 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 174 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Monetized approximately 192 MWs of solar projects
- Grew project pipeline to a record 3 GW
- Acquired a 50 MWp fully operational solar farm in Branston, U.K.
- Acquired Emeren, an Italy-based utility-scale solar power and battery storage project developer in Europe
- Commercialized first inaugural IPP project in Hungary
- Accumulated over 1.5 GWh of storage pipeline
- IPP assets produced approximately 244 GWh of energy in 2022, equivalent to powering 22,913 households, 81,333 electric vehicles, and removing 21,217 cars from the road; reduced 52,948 metric tons of CO₂ emissions
🌱 ESG Focus Areas
Climate ChangeDiversity & InclusionGovernanceSupply Chain SustainabilityOccupational Health and SafetyBusiness EthicsCommunity Engagement