Geothermal power sector gains steam in renewable energy race

Japanese turbine makers see opportunities as market expands 40% over decade

20210612N Blue Lagoon Iceland

Discharged water from a nearby geothermal power plant feed into the volcanic hot springs of the Blue Lagoon in Grindavik, Iceland. © Reuters

RYO MUKANO and AZUSA KAWAKAMI, Nikkei staff writers

TOKYO -- As geothermal power gains momentum as a viable renewable energy source, Japanese contractors are well positioned to flex their dominance in this growing business.

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