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Bring on the boom times

Demand for gas turbines across much of the globe is booming because of favorable regulations and the availability of fuel.

A WELCOME REVOLUTION

When Mexico approved a sweeping energy reform last December, global experts applauded the move, calling it 'transformative' for a country that had kept its huge power industry shuttered to foreign investors for eight decades.

EUROPE

Hitachi has announced it has bought the Horizon nuclear power project in the UK for £696m ($1.2bn).

Testing times for european marine energy

In Europe to-date, there has been much talk about harnessing the potential of the region's wave and tidal energy resources and a number of innovative pilot projects are underway, but any sort of commercialisation appears a long way off.

AFRICA

Overseas Private Investment Corporation (OPIC), a development finance institution of the US government, has dedicated $250m towards developing its first 60 MW solar power project in South Africa.

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