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2025-10-23 06:18:10 -

Binary Cycle Dominates Geothermal Power Market

The global geothermal power market is entering a dynamic new phase, underscored by its crucial role as a reliable, baseload renewable energy source. Valued at USD 7.90 billion in 2023, the market is projected to climb steadily, with forecasts pointing to a remarkable USD 10.61 billion by 2031, exhibiting a stable Compound Annual Growth Rate (CAGR) of 3.81% over the forecast period. This growth...

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