Tongwei Co Ltd

Common Name
Tongwei
Country
China (Mainland)
Sector
Technology
Industry
Solar
Employees
55,724
Ticker
600438
Exchange
SHANGHAI STOCK EXCHANGE
Description
Tongwei Co., Ltd. is a diversified conglomerate primarily engaged in the new energy and agriculture industries. It operates through several key segments, including solar power, feed production, aquacu...

Tongwei Energy Data Preview

In 2023, Tongwei disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Tongwei also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Tongwei also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Tongwei also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Tongwei's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Tongwei's Energy Renewability

In 2023, Tongwei consumed a total of 100.34 million Gigajoules of energy across its operations. Of this total, 0.02% 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 99.98% 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.

Tongwei's Energy Renewability Rate

0%

How much of Tongwei's energy consumed is renewable?

In 2023, Tongwei consumed a total of 100.34 million Gigajoules of energy, of which 0.02% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Tongwei has considerable room to improve its energy sustainability strategy.

Are Tongwei's energy practices becoming more sustainable?

Since 2021, Tongwei's total energy consumption increased by 122.22%, including a 35.04% increase in 2023, reflecting a sustained rise in overall energy demand.

Over the same period, the share of renewable energy increased by 52.16%, but declined by 10.82% in 2023, suggesting recent volatility or sourcing constraints.

Overall, Tongwei’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.

Tongwei's Renewable vs Non-renewable Energy Over Time

13.21 M6.21 M786.66 k13.21 MGigajoules (GJ)202120222023100%100%100%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Tongwei's Energy Consumption & Production Mix

In 2023, Tongwei disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Tongwei's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Tongwei's Energy Consumed by Sources and Technologies

Biomass, Hydropower,Natural Gas, SolarEnergy, Electricity(Unspecified Source)and Wind Energy(95.4%)

What are the main sources and generation technologies behind Tongwei's energy consumption?

In 2023, Tongwei's total energy consumption was primarily sourced from

  • Biomass, Hydropower, Natural Gas, Solar Energy, Electricity (Unspecified Source) and Wind Energy (95.42%)
  • Coal (3.42%)
  • Steam (Unspecified Source) (0.91%)

How diverse is Tongwei’s energy consumption mix?

In 2023, Tongwei consumed energy from 12 different sources or generation technologies, indicating a highly concentrated energy mix, with Biomass, Hydropower, Natural Gas, Solar Energy, Electricity (Unspecified Source) and Wind Energy alone accounting for 95.42% of total consumption.

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