News & Updates
Iceland to lead geothermal projects in Tenerife – drilling to begin this autumn
Reykjavík Geothermal co-leads sustainable initiative in the Canary Islands For the first time in Tenerife’s history, geothermal drilling for energy production will commence this autumn. The project is a joint effort by Reykjavík Geothermal, the Canary Island’s...
Bolaalda Project Prioritized for Development
June 2024 marked a major milestone for Reykjavík Geothermal in the development of the 100 MWe / 133 MWth Bolaalda project, as the project was prioritized for utilization under Iceland’s Master Plan for Nature Protection and Energy Utilization (the “Energy Master...
Reykjavík Geothermal and DISA secure €58 million EU grant for geothermal projects in the Canary Islands
Reykjavík Geothermal and DISA have achieved a significant milestone in their joint effort to bring geothermal energy to the Canary Islands, securing up to €58 million in grants awarded by the Spanish government's Institute of Energy Diversification and Saving...
Reykjavík Geothermal and DISA secure licenses to advance geothermal projects in Tenerife
Reykjavík Geothermal, in partnership with DISA, has secured licenses to develop geothermal power projects in Tenerife, a significant milestone in the region’s shift towards renewable energy. Formed in 2023, this strategic partnership aims to bring geothermal energy...
RG Company Photos
From Iceland to Ethiopia, our team has been involved in geothermal projects all over the world! Have a look at some of our favorite photos.
Abaya Geothermal Project qualified for Drilling Grant from GRMF
In December 2020, Reykjavík Geothermal (RG) submitted a direct application for the Abaya Drilling Programme in Ethiopia to the Geothermal Risk Mitigation Facility for Eastern Africa (GRMF). This was subsequent to the GRMF funding that was granted for the Abaya...