Following a slew of announcements, the 353 megawatt (MW) Blakliden/Fäbodberget wind farm in Sweden is underway and, upon completion, will be one of the country’s largest onshore wind farms.
A Denmark-based pension fund managing around $46 billion in assets has announced that it will now exclude 35 prominent oil and natural gas firms from its investment portfolio, according to recent reports.
One of the world’s most beloved toymakers, the LEGO Group, announced Wednesday that it had reached its 100% renewable energy goal three years ahead of schedule thanks to the completion and operationalization of the 258 megawatt Burbo Bank Extension Offshore Wind Farm.
Wednesday saw the opening of the Burbo Bank Extension Offshore Wind Farm, a 258 megawatt offshore wind project which is the first project so far to make use of the world’s most powerful wind turbines, Vestas 8 MW turbines.
The fourth largest pension fund in Denmark has apparently divested itself of investments in five Canadian oil producers, and is assessing another 44 oil and gas companies, amidst concerns that fossil fuel companies are at risk of becoming stranded assets and facing long-term heavy financial losses.
