Global Climate Solution Stocks
2023 List

Thai Energy Storage Technology is a battery company in Thailand. While batteries are critical climate solutions, this company does not provide batteries for electric cars, nor for energy storage of electricity, so we exclude them. Their main market are automobile batteries.

Tiasang Battery is a Vietnamese battery company. While they do sell some batteries for use in climate solutions like e-bikes, they make more of their revenue from traditional automobile batteries.

Thac Mo Hydro Power is a Vietnamese electrical utility that generates all of its electricity from hydropower.

Southern Hydropower is a Vietnamese electrical utility with 100% of its generated electricity coming from fossil-fuel free sources.

Hydro Power No. 3 is a Vietnamese operator of hydroelectric plants in Vietnam. Given that all of their electricity is generated without fossil fuels, we include them.

Nuoc Trong Hydro is a Vietnamese electric utility that generates all of its electricity from hydropower.

Repower is a Philippine operator of hydropower plants that generates electricity in the Philippines without fossil fuels.

YTL is a Malaysian conglomerate. It operates numerous power plants, some of which are fossil-fuel fired, so we exclude them.

Synergy Grid and Development is a Filipino electrical utility. As they only provide transmission services and no generation, we exclude them.

Truong Tinh Energy is a Vietnamese electrical utility. While they claim to only use hydropower, we could find no way of verifying this, so we exclude them.

PT Sepeda Bersama is a large distributor of bicycles in Indonesia. While our climate benefits the more who ride bikes, they do not seem to do much for electric bikes which more traditionally replace fossil fuels for commutes.

Gaya Abadi Sempurna is an Indonesian producer of electric mopeds and bikes as well as LED light bulbs, both of which are important climate solutions.

TWZ is a Thai conglomerate. While they do sell electric vehicles, they make most of their revenue from smartphone sales and other electronics businesses.

Zapp Electric Vehicles is a Thai two-wheel electric vehicle company that offers a high-end, high-performance electric scooter.

GEOGRACE is a mining company based in the Philippines. It does not specifically state what it mines for, so we exclude it.

Caravelle is a shipping company based in Singapore that is creating a more economical and environmentally friendly way of drying out lumber using the waste heat from shipping it to its final destination, thus avoiding the need to burn fossil fuels to generate the heat needed to dry them otherwise.

TBK is an Indonesian mining company that focuses on the mining and production of nickel, a critical mineral for the energy transition.

PT Ifishdeco is an Indonesian miner and distributor of nickel, a critical mineral for the energy transition.

Pan Asia Metals is a Thai mining company that explores for two different critical minerals: Tungsten and Lithium.

PT Tembaga Mulia Semanan sells copper and aluminum rods. While copper is a critical mineral, copper is not, and to be included in this list, a company must generate 100% of its revenue from critical minerals.

Marula is a Kenyan mining company. While it mines for many critical minerals like lithium, it does not only mine for critical minerals, so we exclude them.

Amalgamated Regional is a conglomerate based in Zimbabwe. While they do own a battery manufacturing company, they are only used in traditional automobile batteries, which are used in internal combustion engines.

SICABLE is an Ivorian manufacturer of electrical cables that help enable the expansion of the grid in and around the Ivory Coast.

Masimba Holdings is an engineering company that works on a wide variety of projects in Zimbabwe. While they do work on mass transit and electricity transmission projects, this represents a small fraction of their revenue.

Metal Fabricators of Zambia generates most of its revenue from making copper wires for transmitting power, enabling the expansion of the electrical grid.

Electro Cable Egypt makes cables, most of which are used in the electrical system for expanding the grid, a precursor for electrifying everything.

CAFCA is a Zimbabwe-based company that makes a variety of cables with a majority of their revenue coming from cables used for electricity transmission.

Cutix is a Nigerian producer of wires that generates over half of its revenue from wires built for the electrical grid system.

TransCentury is a Kenyan engineering and construction firm that specializes in projects related to expanding the electrical grid, a key step towards the electrification of everything.

Assad is a Tunisian battery manufacturer. While they do generate some revenue from recycling batteries, they generate most from providing batteries to be used in conjunction with internal combustion engines in automobiles and boats.

Cocoa Processing Company is a Ghanaian processor of cocoa beans for chocolate. While cocoa is a perennial staple, the expansion of the industry often comes at the expense of natural forests, which is not beneficial from a climate perspective.

Multi-Trex integrated is a Nigerian processor of cocoa beans for chocolate. While cocoa is a perennial staple, the expansion of the industry often comes at the expense of natural forests, which is not beneficial from a climate perspective.

Societe Ivoirienne de Coco Rape is an Ivorian distributor of coconut products. While coconut is a perennial fruit, the expansion of the industry often comes at the expense of wild, natural forests, which move us backwards from a climate perspective.

Invicta is a South African provider of construction equipment. While some of their revenue does come from products and projects used to expand the grid, most comes from other segments like providing construction vehicles.

Eaagads is a Kenyan coffee producer in Kenya. While coffee is a perennial plant, we have decided not to include it as a climate solution because it often involves destroying natural forest in order to replace it with coffee plantations.

United Bus Service is a provider of public transportation on the island nation of Mauritius that enables those who are looking to get around to use a bus instead of a car.

Kakuzi is an avocado grower based in Kenya. While they do also grow macadamia nuts which we would include, avocados are more strongly linked to deforestation so we exclude them.

While Shumba Energy in Botswana does engage in renewable energy development, it generates a majority of its revenue from coal mining.

East African Cables, based in Kenya, makes a majority of its revenue from building and supplying cables that are used to expand the electrical grid in East Africa, a key step before mass electrification.

Societe Industrielle is a Tunisian provider of gas, electricity, and water meters. While they do make some revenue from LED light bulbs, it isn't a large part of their business.

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.

Trina Solar is a Chinese solar cell manufacturer that makes multiple components that are used to construct solar panels.

Pylon Technologies is a Chinese manufacturer of battery powered energy storage systems that enable renewable electricity to be stored and then deployed when needed.

Wuxi Autowell specializes in making automated processes for the production of solar panels in China, thus helping drive down the costs of the solar supply chain and making solar more affordable to deploy around the world.

Artech Solar is a Chinese manufacturer of solar tracking systems that help solar panels shift over the course of the day so they get optimal output as the sun moves across the sky.

Ningxia Jiaze Renewables is a Chinese renewable energy developer with a growing portfolio of wind, solar, and energy storage projects in China, thus enabling the Chinese electricity grid to operate with fewer fossil fuels.

GoodWe is a Chinese manufacturer of solar inverters in China, a key part of building a solar farm that converts the solar energy into usable electricity.

Beijing SinoHytec is a Chinese pureplay manufacturer of fuel cell systems that can generate power by burning hydrogen, a fuel that releases no GHG emissions when burned.

Ningbo Ronbay is a Chinese supplier of cathode battery materials that are a key component in making batteries for EVs and energy storage.

China National Nuclear Power Co is a Chinese developer, owner, and operator of nuclear power and clean energy projects in China, both zero-carbon sources of electricity

Hangzhou First Applied Material makes films specifically for the solar industry that help protect solar panels from the elements.

Jinko Power is a Chinese manufacturer of solar panels and also develops solar projects.

CECEP Wind-power is a Chinese pure play wind energy developer that builds, owns, and operates wind farms.

LONGi Green Energy Technology is a Chinese manufacturer of components that are used to construct solar panels.

Nuode New Materials makes copper foils that are a key component in lithium-ion batteries, an important climate solution.

China Southern Power Grid Energy Storage Co owns a series of hydroelectric plants in China, many of which have pumped storage, and they also build and maintain extensive electricity power grids, a necessary piece of infrastructure for the electrification of everything.

Jiangsu Haili is a Chinese pure-play manufacturer of wind turbines building each part of them from the base to the blades.

Zhejiang Provincial New Energy is a Chinese zero-carbon utility that derives all of its electricity from zero carbon sources like hydro, renewables, and hydrogen.

CNGR is a Chinese provider of multiple base ingredients for batteries that are used in EV's and Energy storage applications, both critical climate solutions.

Contemporary Amperex Technology (CAT) is perhaps the largest manufacturer of EV batteries in the world, thus empowering a critical climate solution to scale at an increasingly affordable price.

Jolywood Sunwatt is a Chinese pureplay manufacturer of various components that are used in the construction of solar panels.