Global Climate Solution Stocks
2023 List

Alternergy Holdings is a Filipino renewable energy developer with projects in wind, solar, and energy storage/.

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.

Cosmos Technology is a Malaysian company that makes flow meters for the oil and gas and water industry. It is unclear what % of their revenue comes from water saving technologies, so we exclude them.

Informina is a tech consulting firm in Malaysia. They do offer a telecommunications tool, but it is a small part of their business offering.

Genetic Technology makes automation systems that increase the efficiency of production for climate solutions like solar and electric cars. But it is unclear how much of their revenue they make from these products vs. their other industries.

ECA makes automation solutions that specifically enable the more efficient manufacturing of some climate solutions like renewables and electric cars, but they do not share how much revenue they generate from these industries vs. their other customers.

QL Resources is a Malaysian conglomerate that operates in many industries. While it does make some revenue from clean energy, it generates far more from its others including convenience stores and palm oil, a highly environmentally destructive industry.

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

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

Tek Seng is a Malaysian producer of polyvinyl products like laminate floors, it only has a small solar production business.

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.

Ygl Convergence is a Malaysian distributor of computer hardware and software. It also installs solar systems, but makes less than half its revenue from that, so we exclude them.

Raslag is a solar developer operating out of the Philippines.

SP New Energy is a pure play solar developer operating out of the Philippines.

PetroEnergy, despite its name, generated over 70% of its revenue from its wind, solar, and geothermal divisions in 2022.

Metis Energy is a large renewable energy developer operating out of Singapore with projects throughout Asia and Oceania.

Ego Vietnam is a Vietnamese producer of animal proteins, mainly goat and wild pig meat. They do make some revenue from installing solar farms, but this is a minority of their business.

Duc Long Gia Lai Group is a Vietnamese conglomerate focusing on multiple sectors. While they do build solar and wind farms, it is unclear how much of their revenue they generate from it, but it is likely far less than 50%.

Pekat Group is a Malaysian installer of solar systems and indoor lighting systems that use LEDs.

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

Africa Clean Energy Solutions, based in Mauritius builds and maintains clean energy systems in Africa with multiple solar and biogas farms. They do also have a biomass plant which we do not consider a climate solution, but they generate most of their revenue from their other activities.

El Sewedy Electric is an Egyptian manufacturing firm that builds wires and other equipment needed for expanding the electrical grid in Sweden. They also build renewable energy projects like solar and wind.

Alpha Namibia installs and operates solar farms in Namibian and Southern Africa.

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.

Wuhan Sanzhen is a water distribution and wastewater processing company in China, neither of which are climate solutions.

Zhongmin Energy is a Chinese developer of wind and solar projects. However, we only consider pure play developrs for this list and as Zhongmin also develops biomass projects, which we do not consider a climate solution, we exclude them from this list.

Tianjin Capital Environmental Protection Group is a sewage processing company in China. While important, processing wastewater is not a climate solution.

Chongqing Water Group is a water company in China that distributes tap water and processes wastewater, neither of which are climate solutions

Jiangxi Hongcheng is a Chinese water company that distributes tap water and performs waste water treatment, neither of which are climate solutions.

While Tongwei does provide silicon cells for solar production it generates a majority of its revenue from selling animal feed which is not a climate solution.

Canmax Technology makes a majority of its revenue from selling products for clean rooms and protective films for your phone. None are climate solutions.

Guangxi Guiguan Electric PowerCo is a Chinese owner of mainly zero-carbon power plants like hydropower. But it does own coal plants meaning it fails our utility filter and is therefore excluded.

Beijing Capital Eco-Environment Protection Group is a Chinese water distribution and wastewater company. As they do not offer products that reduce the energy used to distribute water and wastewater treatment is not a climate solution, we exclude them.

Wuhan Tianyuan Environmental Protection is a Chinese waste management company that generates a majority of its revenue from processing wastewater which, while important, is not a climate solution.

Wuhan Nusun is a Chinese landscaping company that designs and builds landscapes for businesses and apartment complexes. Landscaping is not a climate solution as it is not restoring land to its natural condition.

LingNan Eco&Culture-Tourism is a Chinese landscaping company that also offers eco-tours, neither of which is a climate solution.

Beijing Originwater generates over half of its revenue from processing waste water from cities and businesses. While important, waste water processing is not a climate solution.

CEC Environmental Protection is a Chinese water company that distributes water to businesses and then treats the waste water. As they do not make products that reduce the emissions from water transportation, we do not include them.

Hunan Zhongke Electric makes a range of electromagnetic devices that are used in steel manufacturing. While valuable, these devices do not necessarily lead to a reduction in emissions from making steel, so they are excluded for not being a climate solution.

Palm Eco-Town generates over 90% of its revenue from doing landscaping design for homes, apartments, and buildings. Landscaping is not a climate solution and is different than restoring land to a natural state.

Hunan Kaimeite is a Chinese supplier of various industrial gases. While they do distribute some GHG gasses like CO2 and CH4 for commercial use, they do not share how these gases are sourced (likely from fossil fuels). They also distribute many other types of gases meaning a majority of their revenue comes from other products than climate solutions.

While Chengdu Xingrong does engage in distributing water, they do not make products the improve the energy efficiency of doing so and their waste to energy business represents a small part of their overall revenue

China Longyuan is an owner of multiple power plants. While they do generate a majority of their revenue from wind, they generate 25% from coal, thus failing our utility filter.

Beijing Orient Landscape generates a majority of its revenue from managing industrial waste. They do not report their methane capture nor their circular economy activities so we exclude them.