Global Climate Solution Stocks
2023 List

Asefa is a Thai manufacturer of electrical components used in power distribution like switchboards and panels.

Delta Electronics is a Thai manufacturer of electronics that builds across many product lines. While it does make some products that can be used in expanding the electrical grid, it generates more revenue from its other business lines.

SCI Electric is a Thai producer of various products that are used in updating and expanding the electrical grid, a key climate solution.

Ziga Innovation is a Thai producer of steel conduits and piping. While some of its conduits are used to house electrical wires that enable grid expansion, it is unclear how much of their revenue comes from this, so we exclude them.

Sirakorn is a Thai manufacturer of precast concrete products. It also manufactures products for upgrading the grid, but it generates less than half of its revenue from these activities.

Charoong Thai Wire makes a variety of cables, but generates over half of their revenue from cables used in electricity transmission and systems.

Precise Corporation is a Thai grid expansion company. It also implements smart grid and renewable energy climate solutions.

Asian Insulators is a Thai producer of electrical insulators that are necessary for expanding the grid, a key climate solution.

Teera-Mongkol is a Thai producer of lighting products that makes a majority of its revenue from LEDs.

Lighting and Equipment Public Company is a Thai lighting designer and manufacturer. Most of their lights use LEDs which require far less power to make light than traditional power.

ATP 30 is a Thai provider of mass transit bus services in Thailand. By providing bus and shuttle service, they reduce the demand for single-occupancy cars on the road, a far less energy efficient mode of transport.

Bangkok Expressway and Metro is a state-owned company that has the right to build and operate a series of expressways and rail lines in and around Bangkok. They do not disclose how much revenue they make from their expressways vs. railways, so we exclude them.

While Cassava is technically a perennial plant, to harvest it and make tapioca kills the plant because it is derived from the cassava root. Given this, we exclude Premier Quality Starch.

Solartron is a solar company based in Thailand. They build panels, install them, and develop solar projects in the region.

Sermsang Power is a Thai developer of solar and wind farms with dozens of projects around SE Asia. They do operate a biomass plant, which we do not consider a climate solution, but they make a majority of their revenue from the renewables business.

PCPG is a Thai renewable energy developer, with solar, wind, and hydro projects spread around SE Asia.

Super Energy is a pure play wind and solar energy developer that builds projects in Thailand.

TSE is a Thai solar and biomass developer with utility scale and rooftop projects in Thailand and Japan. They make a majority of their revenue from these projects and a minority from their three biomass power plants, which we do not consider a climate solution.

SAAM is a Thai based solar developer that builds and operates solar projects in Thailand and beyond.

Power Solution Technologies is a Thai provider of energy services. They do develop renewable energy projects, but they also own oil pipelines and LNG refueling stations. They do not provide a breakdown of revenue from these different segments so we exclude them.