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The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). Vincent and the Grenadines, Taiwan, Thailand, Uganda, the United States, and Yemen.
This comes after a fairly long period of dampened economic conditions in some of the key global markets which saw rough macroeconomic conditions, country-specific local currency depreciation, availability of foreign exchange and also regulatory issues.
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