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Geothermal power plants can take 3-5 years to build
Unlike many other renewable technologies, geothermal plants can take 3 to 5 years to build, even after all permits are in place. This long lead time prevents many new companies from benefiting from the PTC unless it is extended after the first two years. However, some companies are reluctant to take this risk when an extension is not guaranteed. 2000 data
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Topics : Geothermal Energy