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Farasis Energy (Gan Zhou) Co Ltd

Common Name
Farasis Energy (Gan Zhou)
Country
China (Mainland)
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
6,463
Ticker
688567
Exchange
SHANGHAI STOCK EXCHANGE
Description
Farasis Energy (Gan Zhou) Co., Ltd. is a cutting-edge company specializing in the development and production of lithium-ion batteries and battery systems. Primarily focused on the automotive sector, t...

Farasis Energy (Gan Zhou)'s Energy Data Preview

In 2024, Farasis Energy (Gan Zhou) disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Farasis Energy (Gan Zhou) disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Metric (GJ)2024202320222021-2019
Total Energy Consumption
2,409,738a
2,754,533a
3,015,225a
Non-Renewable Energy Consumption
1,036,187a
1,156,904a
2,201,114a
Renewable Energy Consumption
1,373,550a
1,597,629a
814,111a
Renewable Energy Production
133,328a
133,668a
75,746a
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Verified Sources Behind Farasis Energy (Gan Zhou)’s Energy Management Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Farasis Energy (Gan Zhou)'s ESG Report 2024

Insights into Farasis Energy (Gan Zhou)'s Energy Renewability

In 2024, Farasis Energy (Gan Zhou) consumed a total of 2.41 million Gigajoules of energy across its operations. Of this total, 57% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 43% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a

Farasis Energy (Gan Zhou)'s Energy Renewability Rate

57%

How much of Farasis Energy (Gan Zhou)'s energy consumed is renewable?

In 2024, Farasis Energy (Gan Zhou) consumed a total of 2.41 million Gigajoules of energy, of which 57% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a

This moderate level of renewable energy adoption indicates that Farasis Energy (Gan Zhou) is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.

Are Farasis Energy (Gan Zhou)'s energy practices becoming more sustainable?

Since 2022, Farasis Energy (Gan Zhou)'s total energy consumption decreased by 20.08%, including a further 12.52% drop in 2024, highlighting a continued decline in energy use.a

Over the same period, the share of renewable energy increased by 111.11%, but declined by 1.72% in 2024, suggesting recent volatility or sourcing constraints.a

Overall, Farasis Energy (Gan Zhou)’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.

Farasis Energy (Gan Zhou)'s Renewable vs Non-renewable Energy Over Time

2.42 M921.23 k578.77 k2.42 MGigajoules (GJ)20242023202257%58%27%43%42%73%
  • Renewable Energy Consumption
  • Non-Renewable Energy Consumption
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