EnergyWatch

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US blade manufacturer opens tech center in Denmark

Denmark is strengthening its position as a hub for the development of wind turbine blades as US-based TPI Composites plans to open a research and technology center in the city of Kolding next year. It remains uncertain how many engineers the company will hire.

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These are Norway's oil investments

Norway's Government Pension Fund Global recommends selling its stocks in oil and gas because it finds that Norway is too exposed to the sector. The fund has oil stocks worth hundreds of billions of Norwegian kroner. Learn here where the money is invested.

Trump's 'America first' foreign policy erodes work on climate

Almost 200 countries have sent representatives to discuss climate initiatives at COP23 in Bonn, Germany. The shadow cast by Donald Trump's withdrawal from the global climate pact leaves some nations questioning why they must shoulder the burden instead.

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Beatrice will be ready on time despite distressed supplier

The consortium behind what will be Scotland's largest offshore wind farm does not expect delays on the project, even though a subcontractor is under such financial pressure that staff may not be paid. The owners have declined to comment on whether they feel responsible for the supplier's struggles.

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Rockwool moves in on European investments in 2018

After years of major investments in new factories in North America, the firm might now set it sights on western Europe. However, the group CEO plans to test the durability of the economic recovery first.

US authorities fine Statoil for manipulation

According to US authorities, Statoil attempted, over a period of time, to manipulate a propane index in efforts to avoid losses. The Norwegian oil company has been penalized with a fine.

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