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There currently is ongoing and planned development of about 15,000 MW in power generation capacity, which would more than double the current installed capacity. Estimating development over the next 5 year period, the International Geothermal Association (IGA) expects development of around 4,100 MW in capacity, picking up pace compared to the 4,341 MW added in the time period of 2008 to 2018. Key growth markets are Asia, Africa, Europe and North America.
To read the full press release, click here.