Global Climate Solution Stocks
2023 List

Demco is a Thai engineering and construction firm that builds and maintains electrical grids and builds solar farms.

Eastern Power Group is a Thai energy developer. They have multiple solar plants, but also have built fossil-fuel powered cogeneration plants. They do not provide any revenue breakdown for investors on either, so we exclude them.

SPCG is a pure play solar developer in Thailand that owns over 36 projects.

Nova Empire is a Thai company that used to make sheeting for buildings but has completely revamped into a solar and wind company.

Rojana is a major owner of industrial parks in Thailand. It has a side business of selling solar energy, but it makes up a small portion of their revenue, so we exclude them.

Stars Microelectronics is an electronics manufacturer in Thailand. It also is involved in the solar industry, but this is a minority of its revenue.

Prime Road Power is a pure play solar developer based in Thailand with projects in and around East and Southern Asia.

Thai Nondestructive Testing engages in multiple industries, including coal power, but also solar generation. It generates a small portion of its revenue from solar, so we exclude it.

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

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.

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

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

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.

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.

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.

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

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.

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.

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.

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