Jul 1, 2024
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 Plan”...
Dec 15, 2023
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...
Aug 10, 2023
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 to...
Nov 2, 2021
Jul 21, 2021
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...
May 13, 2021
An EPC tender was issued for the Tulu Moye Geothermal Project at the end of November 2020. Technical bids have since then been received from 7 companies to conduct EPC in Tulu Moye. The EPC will aid the development of a 150 MW geothermal power plant with an...