2025: Growth Opportunities for Alternative Energy Stocks for Thai Investors

The geopolitical changes and global energy market instability over the past year have accelerated many countries’ decisions to promote renewable energy sources. Due to the shortage of traditional energy resources, the demand for clean energy stocks has continuously increased, especially in the context of reducing dependence on fossil fuels and complying with global environmental agreements.

Why are renewable energy stocks becoming more attractive?

Currently, interest in renewable energy stocks is driven by four main factors:

1. Policy pressure: Governments worldwide are implementing policies to support investment in renewable energy, leading to rapid industry changes.

2. Technological advancements: Since 2000, investments in clean energy technologies have surged, resulting in significantly improved efficiency over traditional systems.

3. Economic reasons: The cost of clean energy continues to decrease, such as solar power being cheaper than conventional energy, enabling businesses to save costs in the long run.

4. Social awareness: Consumers and investors are placing greater importance on companies with environmental responsibility.

Leading global clean energy companies to watch

1. Enphase Energy (NYSE: ENPH) - Solar technology leader

Founded in 2006, this company pioneered the development of microinverters, key devices that convert solar energy into AC electricity. By reducing reliance on large inverters, ENPH’s technology enhances efficiency and extends the lifespan of rooftop solar systems for homes and commercial buildings.

Current data: Price: $63.69 USD, Market cap: $8.60 billion USD

2. NextEra Energy (NYSE: NEE) - Largest licensed utility in America

A utility company serving approximately 5.9 million customers with around 24,000 MW of renewable energy capacity. The company has demonstrated resilience in managing even during severe natural disasters.

Current data: Price: $70.76 USD, Market cap: $143.33 billion USD

3. Brookfield Renewable Partners (NYSE: BEP) - Diversified renewable portfolio

Headquartered in Bermuda, this company owns and operates various renewable power plants, including hydro, wind, and solar, with a total installed capacity of about 21,000 MW. Last year, BEP underwent restructuring through mergers and acquisitions.

Current data: Price: CAD 20.66, Market cap: CAD 9.06 billion

4. Algonquin Power & Utilities (NYSE: AQN) - Multi-country utility provider

Founded in 1988, this utility operates in Canada, the US, Chile, and Bermuda. In 2025, the company sold its renewable energy business to restructure and focus more on regulated utility services.

Current data: Price: $4.41 USD, Market cap: CAD 4.89 billion

5. Tesla (NASDAQ: TSLA) - Electric vehicle pioneer

An American company founded in 2003 to accelerate the transition to sustainable energy through manufacturing electric vehicles and energy solutions. Since 2004, when Elon Musk became a major shareholder, Tesla has expanded its scope. Currently, Tesla continues to develop long-lasting, high-efficiency batteries and expand its Supercharger network worldwide.

Current data: Price: $426.50 USD, Market cap: $1.34 trillion USD

Clean energy stocks in the Thai market

In Thailand, the development of renewable energy stocks is still relatively new but is strongly supported by the government and technological growth. This makes Thai clean energy companies attractive options for investors seeking opportunities amid this transition.

B. Grimm Power Public Company Limited ( )BGRIM(

Founded in 1993, this company pioneered Thailand’s private power generation industry, producing electricity from combined heat and power plants and renewable sources. In 2025, the company announced a ฿136 billion investment plan to expand renewable capacity to 10 GW by 2030. Additionally, it launched a data center business to support technological growth.

Current data: Price: $13.00 USD, Market cap: ฿44.84 billion

) Gulf Energy Development Public Company Limited ( )GULF###

Founded on August 19, 2011, this company invests in and develops energy projects domestically and internationally, focusing on clean energy stocks, especially wind and solar power. It aims to produce 1,000 MW of clean energy within five years through continuous expansion. GULF remains a leader in Thailand’s energy industry.

Current data: Price: ฿58.25, Market cap: ฿686.39 billion

How continuous energy transformation is happening

The key fact is that the traditional energy sources relied upon by the global industry are finite and will eventually run out. As energy demand continues to grow, clean energy becomes an essential solution—not just an option. This transformation also addresses environmental challenges such as global warming and pollution, which impact human quality of life worldwide.

For investors seeking long-term growth opportunities, tracking renewable energy stocks from both Thailand and abroad is a way to consider future stocks. Besides generating financial returns, these investments can also support sustainable development worldwide starting right now.