News & Updates

Mr. Kofi Annan, the former Secretary-General of the UN and co-recipient of the 2001 Nobel Peace Prize, recently visited Iceland. Mr. Kofi Annan was particularly interested in learning about Icelandic geothermal utilization, thus he toured the Hellisheidi Power Plant with the President of Iceland, Mr. Ólafur Ragnar Grímsson.

A ten-day geothermal exploration in Rabaul, East New Britain by experts from Iceland, has confirmed that the province, which is famous for its active volcanoes, does have a lot of potential in developing geothermal energy as a renewable, reusable power source.

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...