Global Climate Solution Stocks
2023 List

Communication & System Solution is a Thai distributor of electrical equipment. While they do import and distribute electrical wires for the grid, they also import many other products in the same business line. They do not offer a breakdown of how much they make from their high voltage electrical wires, so we exclude them.

Solis Holdings is a Singapore based construction firm. While they specialize in lighting and electrical work, a small amount of their work is related to actually expanding the electrical grid, so we exclude them.

Stark Corporation is a Thai producer of electric wires. While they do make wires for grid expansion a majority of their revenue came from low-voltage wire applications.

Tirathai public company specializes in manufacturing, installing, and maintaining electrical transformers that are used to move high voltage electricity on the grid to low voltage that can be used in homes and buildings. They are needed for grid expansion.

Kijcharoen Engineering is a Thai manufacturing firm that makes electrical systems for buildings. As these are not used for expanding the grid, we exclude them.

Sesan4a Hydropower is a Vietnamese builder of hydropower plants. They also engage in grid expansion projects. Both of which are necessary climate solutions.

Power Line Engineering is a Thai construction firm that engages in many kinds of construction projects. While some of them are grid expansion projects, they do not provide a sufficient breakdown of their revenue from their different business lines.

VNECO 1 Electricity Construction is a Vietnamese construction firm. While they do engage in grid expansion projects they also work on many other construction projects from airports to expressways. As they do not provide a revenue breakdown from each, we exclude them for lack of information.

VNECO 8 Electricity Construction is a Vietnamese construction firm. While they do build grid expansion projects, they also engage in many other kinds of construction activities. As they do not provide a revenue breakdown of each, we exclude them for lack of information.

QTC Energy makes and maintains transformers for the electrical grid in Thailand. They also build and operate solar farms.

Pestech, a Malaysian company, engages in a range of climate solutions. It plans and builds transmission lines to expand the electrical grid. It helps railways electrify. And it has building automation services to help buildings use energy more efficiently.

IDICO Urban and House Development is a Vietnamese construction firm. While they do engage in expanding the electrical grid, they make a majority of their revenue from other construction projects like building apartment complexes.

Semacom is an Indonesian provider of electrical panels in Indonesia which are necessary for expanding the grid and the "electrification of everything." They also sell EV charging stations and renewable energy.

Gunkul Engineering is a Thai manufacturing firm that builds electrical equipment for expanding the grid as well as engages as a solar and wind developer.

Ekarat Engineering builds and sells electrical transformers that are needed when expanding the grid. They also operate as a solar developer.

Pertamina Geothermal is a pure play developer of Geothermal energy operating from and in Indonesia. They use the heat of the earth to generate electricity.

Vietnam Electricity Construction generates a majority of its revenue from designing and building electrical grid systems in Vietnam.

Hanoi Battery makes batteries in Vietnam, but they provide no information on the kind of batteries they make, so we exclude them for lack of information.

PT Barito does some work in geothermal but makes the majority of its revenue from fossil fuels.

Dry Cell and Storage Battery is a Vietnamese battery manufacturer. While they do make some batteries for use in electric vehicles and energy storage a majority of their revenue comes from traditional car batteries.

LafargeHolcim is a Moroccan cement producer that notably does offer lower-carbon green cement alternatives. But these products still only represent a tiny fraction of their revenue in comparison to their traditional cement products.

Cartier Saada is a Moroccan company that makes a majority of its revenue from preserving fruits that come from perennial sources like olives and tree fruits.

Miniere de Touissit is a Moroccan mining company that mines for a number of critical minerals for the energy transition like lead and zinc, but they also mine for non-critical minerals like lead and gold, so we exclude them.

Ciments du Maroc is a Moroccan cement producer. While they do have some innovative approaches to sustainability like running their CO2 emissions through an algae reactor, they do not actually make any alternative or low-carbon cement mixes.

Jet Contractors is a Moroccan construction firm. While they do operate a business line dedicated to building solar farms, they generate the majority of their revenue from constructing buildings and highways, neither of which are climate solutions.

Managem is a Moroccan mining company. While they do mine for multiple critical minerals for the energy transition like cobalt, zinc, and copper, they also extract other non-critical minerals like gold, meaning they do not pass our mining filters.

TAQA is a Moroccan electrical utility. While they do use some solar and wind in their generation mix, they use about 10x more coal, leading them to fail our utility filters.

Zellidja is a Moroccan lead smelter that has been operating since the 1940's that also generates revenue from provider copper, another critical mineral for the energy transition, to markets in Europe.

Huge Group operates out of South Africa. They are involved in many industries with a minority of their revenue coming from their renewables and batteries business.

Al Khair River operates in land restoration, a climate solution, but they provide no online information to verify this, so we exclude them.

Ellies is a solar company in Southern Africa, that helps homes and businesses get stable electricity production through solar and battery systems.

Despite its name, Renergen seems to only be investing in natural gas extraction and distribution.

Euro-Cycles is a Tunisian manufacturer of bicycles. While it is assembling more electric bicycles, these still seem to be a small portion of their sales, so we exclude them.

Eveready East Africa is a Kenyan provider of car and individual batteries. It is expanding into LED lights and solar, but has not seemed to make up the majority of revenue from climate solutions yet.

Mpact is a cardboard manufacturer in South African with over 50% of their pulp coming from recycled paper, thus reducing the need for new trees to be used in cardboard creation.

Bushveld generates a majority of its revenue from producing vanadium, which is not a critical mineral for the energy transition.

Copper 360 is a South African copper mining company, a critical mineral for the energy transition.

Umeme Limited is an electrical utility in Uganda that generates revenue from expanding the grid, a key climate solution.

CIE is an electrical utility operating in the Ivory Coast. They do generate their own power and some is from fossil fuels, so we exclude them.

Metair is a South African provider of energy storage systems for homes and buildings, serving multiple markets.

Plaza builds shopping and commercial plazas. We could find no way they were integrating climate solutions into their business.

Compania Minera San Ignacio is a Peruvian mining company that explores for two critical minerals: lead and zinc, both of which are needed in far greater quantities for the energy transition.

Aclara Resources is a mining company focusing on rare-earth minerals in Chile and Brazil, which are critical minerals for the energy transition.

Fossal is a Peruvian mining company that primarily explores for Phosphate in Peru. While Phosphate is needed in the energy transition, it is not one of the core minerals required, so we exclude it.

Rigolleau is a glass manufacturer in Argentina. They do not provide any information on the types of glass they produce and how much is high quality glass for buildings that improves insulation vs. other types of glass like glass bottles.

Electro Dunas is a Peruvian distributor of electricity. They also work to expand the grid. As they do not disclose their sources of generated electricity, we exclude them.

Fruticola Viconto is a Chilean grower of various stone fruits, apples, and nuts. Because stone fruits, apples, and nuts can produce calories each year without being harvested we include them as a climate solution. The trees are also less likely to be tied to the destruction of rainforests like tropical plantations are such as palm oil, coffee, and cocoa.

Leyden is a provider of electrical capacitors in Argentina. They make a full range of electrical equipment, only which a minority is used on the electrical grid.

La Reserva Forestal is an Ecuadorian company that seems to be in the food production business. They have no additional information that indicates they are actually involved in reforestation projects, so we exclude them.

Compania Electrica del Litoral is a Chilean electrical utility. They do not provide a breakdown of the sources of their generated electricity, so we exclude them.

Consolidated Water Co builds water distribution systems in the Caribbean. While their desalination products certainly will be more in demand in a warming world, they do not actually provide services that increase water efficiency, so we exclude them.

Fábrica Nacional de Vidrio is a Venezuelan glass maker. As they have no additional information provided, we do not know if they make glass bottles (not a climate solution) or high performance glass that insulates buildings (climate solution), so we exclude them.

Omega Energia is a Brazilian renewable energy developer that has built over 79 solar, wind, and hydro projects.

Wigton Windfarm owns and runs three windfarms on the island of Jamaica enabling residents there to use electricity without needing to burn fossil fuels.

MPC Caribbean Clean Energy is a pure play solar and wind energy developer in the Caribbean based out of Barbados.

Orizon Valorizacao de Residuos is a Brazilian waste management company that captures the methane from their landfills so that it can be burned, avoiding the much greater emissions from methane vs. CO2.

AES Brasil Energia is a renewable energy developer in Brazil that builds and operates solar, wind, and hydropower plants in the country.

CEB is a Brazilian electrical utility that does not disclose where it generates its electricity from, so we exclude it for lack of information.

Chijet, based in the Cayman Islands, has partnered with a major Chinese automaker to produce a range of electric cars, SUVs, and small trucks.

WEG is a major Brazilian manufacturer or motors and other industrial power equipment. While they do make electric motors and products used in the electrical grid, they generate more revenue from their traditional motors business.

CGN Power Co is a Chinese pureplay nuclear power company that builds and operates 26 nuclear power plants in China that generate electricity without carbon emissions.

Sungrow is a pure play Chinese solar and renewable energy company that primarily makes solar inverters but also sells solar panels, energy storage systems, and floating solar systems.

Tianqi Lithium is a Chinese vertically integrated lithium company that mines, refines, and sells a variety of lithium products for use in EV and energy storage batteries.

Dajin Heavy Industry is a pure play manufacturer of wind turbines. It also builds wind farms that generate electricity with zero carbon.

Ganfeng Lithium is a Chinese vertically integrated lithium company that mines and refines lithium and also builds batteries. Lithium is a critical mineral for lithium-ion batteries which are a key part of the energy transition.

YOUNGY is a vertically integrated battery supplier, owning lithium mining operations, battery manufacturing equipment businesses, and also distributing batteries themselves that can power the transition to EVs and grid storage.

Shanghai Putailai is a Chinese manufacturer of lithium battery components that are critical for the EV and energy storage supply chains

JA Solar, headquartered in China, is a pure play solar system manufacturer making both silicon wafers and full panels.

Shenzhen Dynanonic is a Chinese manufacturer of critical materials for batteries that are used in the EV supply chain and energy storage applications.

CECP Solar, headquartered in China, generates all of their revenue from the manufacturing and distribution of solar panels.

Dongzhu Ecological is a Chinese company that specializes in restoring landscapes and restarting their return to nature, thus restarting the carbon cycle on ecologically damaged areas such as mines

Wuhan Energy Technology is a Chinese provider of laser equipment that is solely used for the solar industry to help drive down costs and increase precision in the solar manufacturing process.

Hoyuan Green energy is a Chinese manufacturer of solar silicon cells as well as selling manufacturing equipment to other solar manufacturers.

NARI is a Chinese provider of smart grid technologies that enable the electrical grid to handle and distribute electricity with greater efficiency.

Windey Energy generates a majority of its revenue from manufacturing wind turbines while also developing their own wind projects and energy storage projects.

China Three Gorges Renewables is a renewable energy project developer in China that has built and owns wind, solar, and hydropower projects across the country.

M-Grass is a Chinese seed producer that specializes in projects that restore and heal land such as coal mines. By restarting the growth of plants in such areas, they can begin recapturing the lost carbon from the destruction of the plants and animals that were originally there.

Zhefu is a Chinese company that serves two zero-carbon sources of electricity: hydropower and nuclear. For hydropower it builds components that are used in dams and for pumped energy storage. And for nuclear they build systems to manage safety, waste water, and other parts of the nuclear energy process.

Gotion High-tech is a Chinese company that engages in two climate solutions: batteries and grid expansion. They make battery materials as well as batteries themselves that are used in EVs and energy storage. And they make a range of products for the electrical grid from power lines to transformers.

Guangdong Jiayan specializes in making thin copper foils that are used in lithium ion batteries for the EV and energy storage supply chains.