Global Climate Solution Stocks

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.

PCPG is a Thai renewable energy developer, with solar, wind, and hydro projects spread around SE Asia. They also generate some revenue from managing oil storage sites, but this is a minority of their revenue.

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

Super Energy generated a majority of its revenue from developing and owning wind and solar energy projects in Thailand, helping decarbonize their electricity grid.

SPCG is a pure play solar developer in Thailand that owns and generates profits from 36 projects.

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

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

Rojana generated 76% of their revenue from selling fossil fuel generated electricity as of our 2025 review, so we exclude them

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

Semsang 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, as of 2025, but they make a majority of their revenue from the renewables business

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

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 again in our 2025 review

Teera-Mongkol is a Thai producer of lighting products that makes a majority of its revenue from LEDs again in our 2025 review.

Energy Absolute generated 45% of their revenue from selling electric vehicles and batteries, but the rest from electricity and biofuel derived from raw palm oil. We do not consider biofuels from raw materials to be climate solutions given their high environmental impact as of our 2025 review.

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, a key climate solution.

Ubon Bio Ethanol is a Thai Cassava plantation that generates bio-ethanol from Cassava as well as other products. While biofuels are a climate solution, given the resources needed to grow crops, we only include them if they are produced from waste products, so we exclude Ubon as of our 2025 review.

TEAM consulting is a Thai engineering and construction firm that builds some climate solutions like hydropower plants, but generates more revenue from traditional construction projects like roadways and bridges.

Thachang Green Energy is a Thai based producer of electricity that uses largely biomass. As they do not primarily use waste biomass as their inputs, we exclude them, as of our 2025 review.

Bangchak Corporation Public Company is a Thai company that generates a majority of its revenue from oil and gas, but also some from biofuels, 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 as of our 2025 review. They also do business in solar.