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April 23 -- Geothermal power producers added the most capacity since 1997 last year as developing nations in Asia and other regions seek alternative energy sources, while installation declined in the U.S., according to the Geothermal Energy Association.

The industry added 530 megawatts of new power plants and total installed capacity now exceeds 12 gigawatts worldwide, the Washington-based trade group said today in its annual report. Geothermal power is growing at 4 percent to 5 percent annually. >>View Article