ESR Group targets 1GW of solar PV rooftop capacity by 2030

Asset manager ESR Group targets 100MW of installed rooftop solar capacity in China alone by the end of this year. Image: ESR Group.

Asset manager ESR Group has published its environmental, social and governance (ESG) 2030 roadmap where it aims to reach 1GW of installed solar power capacity from its rooftop assets.

As one of the largest Asia Pacific real asset managers, the company aims to increase its actual installed rooftop solar capacity of nearly 100MW at the end of 2022 tenfold, almost doubling the 52MW target set by 2025.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Japan has the most installed rooftop solar capacity with less than a third (27.9MW) of the already operational 85MW global capacity – the remaining 15MW is expected to be operational in the first half of 2023 – and followed by Singapore with 16.3MW.

In China, the asset manager aims to reach 100MW of installed rooftop solar power capacity by the end of the year.

Tang Boon Kang, head of governance & sustainability at ESR Group and Emma Larsson, ESG officer at ESR Group, said: “ESR has achieved great progress on the targets set out in our 2025 roadmap. As we lead the way forward in the transition to a more inclusive, low-carbon and climate resilient future, our ESG 2030 Roadmap will sharpen our focus in driving ESG efforts forward as an enlarged group. It includes new targets that are coherent with our 2025 roadmap and drive greater accountability as we continue to accelerate best-in-class practices across the group.”

Read Next

May 30, 2024
A new report from the Lawrence Berkeley National Laboratory found that new solar and wind capacity drove US$249 billion of economic benefits.
May 30, 2024
Juan Monge, principal analyst at Wood Mackenzie, says the EPBD timeline is plausible, although “the devil is in the detail”. 
May 29, 2024
Chinese solar manufacturer LONGi has launched a new solar module which it said exhibits the benefits of standardised module and wafer sizes in the solar industry.
May 29, 2024
The challenges facing Europe's solar sector are explored in depth in the latest edition of our quarterly journal, PV Tech Power.
May 28, 2024
Google has signed virtual power purchase agreements (PPAs) with two Japanese companies to build 60MW of new solar capacity in Japan.
May 28, 2024
The module procurement tenders of China's state-owned enterprises have always been a barometer, revealing the fierce competition within the industry over everything from module technology to pricing.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
June 4, 2024
London, UK
Upcoming Webinars
June 11, 2024
3:00 PM (BST) / 4:00 PM (CEST)
Solar Media Events
July 2, 2024
Athens, Greece
Solar Media Events
July 9, 2024
Sands Expo and Convention Centre, Singapore