News & Updates
Think Geoenergy – Mexxus RG consortium wins 1st geothermal permit for private enterprise in Mexico
MexxusRG, a Mexican company specialized in geothermal development, obtains the first exploration permit endorsed by SENER (Energy Commission) awarded to a private company. MexxusRG is a joint venture formed by Mexxus Drilling International (Mexxus), a Mexican based drilling company, and Reykjavik Geothermal (RG), an Icelandic based geothermal power Development Company. Both companies have been working together for several years in the state of Nayarit near the Ceboruco volcano completing scientific studies and feasibility work.
AJEBNEW – Electric Power, Corbetti Geothermal Company Sign Power Purchase Agreement
Addis Ababa July 27/2015 Ethiopian Electric Power and the Corbetti Geothermal Company have signed a Power Purchase Agreement for the first 500 megawatts.
Ms Yulia Tymoshenko visits Reykjavik Geothermal
Ukrainian politician and businesswoman, Ms Yulia Tymoshenko, visited Reykjavik Geothermal headquarters in Iceland today, 16 June, 2015. Ms Tymoshenko was the first woman to be appointed Prime Minister in Ukraine. She and RG CEO Gudmundur Thoroddsson discussed geothermal potential in Ukraine, business development opportunities and potential future cooperation.
Ambata and RG enter into a partnership
The date is 18 January 2010. Michael Philipp CEO of Ambata and Gudmundur Thoroddsson CEO of Reykjavik Geothermal sign an agreement where Reykjavik Geothermal and Ambata Capital Partners enter into a strategic partnership to explore, develop and operate utility scale geothermal power generation focusing on emerging markets.
St. Vincent & the Grenadines – Signing of Design Contract
On 28 May, 2015, Emera and RG signed a contract with the Icelandic engineering companies Mannvit - Verkis regarding engineering services for the geothermal development project in St. Vincent and the Grenadines in the Caribbean. On the picture taken at RG...
Bloomberg – Egypt, Sudan Edge Toward Cooperation on Ethiopia’s Nile Dam
Egypt and Sudan took another step toward cooperating with Ethiopia on the hydro-power dam it’s building on the Blue Nile river after the three nations’ leaders signed an accord on Monday.