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Niels B. Christiansen Danfoss

Danfoss CEO steps down

Niels B. Christiansen is stepping down after nine years at the head of Danfoss, where the COO will take over.

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Velux chairman steps down after 20 years

After serving almost 20 years on the board of Velux, Søren Bjerre-Nielsen is stepping down as chairman of the cleantech window company, and his replacement is already lined up. A birth certificate and an impending executive reshuffle form the explanation.

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Nordic hydrogen company challenges the electric car

While auto manufacturers have hesitantly embraced hydrogen technology, Danish-Norwegian tech company Nel Hydrogen has maintained faith in the technology. This led to a large order in California, while the company's Danish facility will soon grow to 15 times its current capacity.

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"You have to kiss a lot of frogs before finding a prince"

Danfoss is running around the swamp kissing frogs in its effort to find the perfect acquisition. But whereas the target used to be buying market shares, the focus has now shifted to technology and growth platforms, according to the group's CEO.

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Strong growth in Rockwool's profit

The cleantech company did not deliver growth on the top line but did cash in a much greater income in 2016. Higher margins are expected this year, along with new conquests.

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EU Parliament passes reform of quota system

It looked like it would be a narrow vote regarding a reform of the EU system for trading CO2 quotas. But several of the overall proposals were approved by a majority. The vote was negative, however, on a proposal for an import tariff.

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New report: Wind now trumps coal throughout the EU

With the expansion of 12 gigawatts in 2016, wind power is now the second-largest source of electricity in the EU. However, political instability and dysfunctional markets could slow things down, sounds a warning.