Global Climate Solution Stocks

Lopez Holdings is an owner of FGEN which is a large renewables developer in the Philippines with a specialty for geothermal

NexGen Energy Corp. is a Thai developer of renewable energy resources like solar and wind. They do generate electricity from biomass which we do not consider a climate solution, but it is a small part of their generation mix.

Reservoir Link is a Malaysian large developer or renewables that generated 60% of their revenues from renewable projects and 40% from oil and gas.

TPC Power is a Thai generator of electricity that generates a majority of its electricity from zero carbon sources like solar, wind, and hydro

UAC Global does some work in renewables, but generated 76% of their revenue from distributing chemicals, which is not a climate solution.

Kinergy owns about 30 different subsidiaries in SE Asia, most engaged in climate solutions. Unfortunately some are also gas turbine companies and despite our searching, we could not find a breakdown of their revenue in our 2025 review.

Can Don Hydro Power Joint Stock Company is a Vietnamese electric utility that generates all of its electricity from hydropower, a carbon-free power source.

Mega First Corporation generated 41% of its revenue from owning renewable energy, but the rest from non climate solutions like packaging, so we exclude them

Leoch International is a large battery manufacturer in Singapore. While they do make batteries for energy storage and EVs, they make a majority of their revenue from lead-acid batteries that are used inside of datacenters and medical devices, which are not climate solutions.

Manila Electric Company is a large Filipino utility that does not disclose its generation mix, so we exclude them

Megapower Makmur is a pure play solar developer based in Indonesia with projects in Australia

Meta Corporation is a Thai group that has historically done some work in renewables but did not report any revenue from it in their latest annual report, as of our 2025 review.

Supreme Cable Manufacturing is an Indonesia manufacturing firm that generates 90% of its revenue from cabling using in expanding the electrical grid and enabling the electrification of everything.

G Capital is a Thai business that specializes in enabling buyers of industrial equipment in Thailand to pay over time. They do this for some climate solutions like mini-hydropower systems, but generate more of their revenue from agricultural equipment

Solar District Cooling Group is a Malaysian company that specializes in building automation, a key climate solution that can reduce the amount of energy needed to keep a building at a stable temperature. They also install solar hot water heaters.

Charoen Pokphand Foods is a large Thai producer of meat. While they do some advanced aquaculture in shrimp farming, this only makes up 13% of their revenue, so we exclude them.

Wasco Berhad is a Malaysian company that does some business in biofuels but generates a majority of its revenues from traditional fossil fuels.

Banpu Power Public Company is a Thai producer of electricity. While it does own solar and wind generation, a majority of its generation comes from thermal sources like oil and gas.

Malakoff Corporation Berhad is a Malaysian conglomerate that owns multiple power plants. Unfortunately most are thermal, so we exclude them.

Noco-Noco is a Singapore based technology company that is developing a technology that can enable battery powered energy storage systems to last longer. They have not reported revenue yet as of our 2025 review, but this is their sole focus.