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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.


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.


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.


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.