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Geothermal Power Generation - Key Industry Dynamics

06-05-2025 07:19 AM CET | Energy & Environment

Press release from: The Insight Partners

/ PR Agency: The Insight Partners

The geothermal power generation market size is projected to reach US$ 27,149.2 million by 2031 from US$ 15,453.3 million in 2023. The market is expected to register a CAGR of 7.3% during 2023-2031. Growing role of geothermal power in future energy transition is likely to remain key trend in the market. Geothermal power generation is a clean, sustainable, and environmentally friendly method that taps into the Earth's internal heat to produce electricity.

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Top Key Major Players:
Northern California Power Agency
Turboden SpA
Toshiba Energy Systems & Solutions Corp
Berkshire Hathaway Inc
NIBE Industrier AB
General Electric Co.
Fuji Electric Co Ltd
Kenya Electricity Generating Co Ltd
Carrier Global Corp.
Danfoss AS

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Life Science, Technology, Healthcare, Manufacturing, Automotive and Defense, Food Beverages, Chemical etc.

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If you have any queries about this report or if you would like further information, please contact us:
Ankit Mathur
Sr. Vice President - Research
sales@theinsightpartners.com

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