Following a thorough due diligence, 14 pension funds, which in recent months have examined the possible purchase of a stake in HS Energy, have decided to enter into an agreement with Magma Energy Sweden AB
Representatives of the African Development Bank (AfDB) and utility companies from Djibouti, Ethiopia, Kenya, Rwanda, and Uganda attended a seminar in Reykjavik January 13–16 to support the development of clean energy along East Africa´s Rift Valley. The seminar was...
The main goal of the workshop was to create a uniform policy towards geothermal utilization in terms of attracting direct foreign investment. RG was invited to contribute the company’s experience and ideas to create geothermal operations from a private sector...
Reported from India, “Thermax, a Pune-based capital goods manufacturer, is set to partner Icelandic firm Reykjavík Geothermal to set up a geothermal power project in India. A pilot 3 MW project is slated to be set up in Puga Valley in Ladakh, which is likely to be the...
aced with a dearth of projects, Icelandic engineering companies have increasingly been looking overseas for work. They are being supported by the government and even by the President directly, to win projects for tapping geothermal energy abroad.
Reykjavik Geothermal also announced the intention to establish a headquarters in Masdar City. The company is currently active in Iceland, India, Kenya, Nicaragua, Russia, Rwanda and the United Arab Emirates.