The Geothermal Energy Market size in terms of installed base is expected to grow from 15.68 gigawatt in 2024 to 17.91 gigawatt by 2029, at a CAGR of 2.69% during the forecast period (2024-2029).
The geothermal energy market is semi fragmented. Some of the major players in the market (in no particular order) include Mitsubishi Power Ltd, Ormat Technologies Inc., Engie SA, Tetra Tech Inc., and First Gen Corporation, among others.
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