LAAYOUNE / WAM The United Arab Emirates on Wednesday opened its consulate general in Laayoune, southern Morocco. This followed a recent telephone conversation between His Majesty King Mohammed VI of the Kingdom of Morocco and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, in which His …

Bloomberg Shares of Vestas Wind Systems A/S, the world’s biggest wind-turbine maker, fell the most in three years as investors weighed the impact of the US election on the renewable energy sector. Shares fell as much as 13% before recovering some losses; down 7.7% in Copenhagen. The wind turbine maker posted a stronger-than-expected profit in the third quarter on Wednesday. …

Bloomberg Statkraft AS has signed an agreement to buy the London-based renewable energy developer Solarcentury Holdings Ltd, it said in statement. The 118 million-pound ($152 million) deal will hand the Norwegian state-owned utility six gigawatts of solar projects under development in Spain, the Netherlands, the UK, France, Greece, Italy and Chile. “This acquisition is in line with our strategy to …