Geothermal power is a particularly compelling energy source, as the Earth produces heat at all times, geothermal power can be considered base-load and plants operate with near zero emissions.

About Reykjavík Geothermal

The majority of the world’s finest geothermal resources are still unexploited. Properly harnessed, these represent some of the planet’s most cost effective energy sources – highly competitive with coal or natural gas. Reykjavík Geothermal (RG) was founded in 2008 by one of the world’s most experienced geothermal management teams to harness the vast untapped investment and development opportunities worldwide, particularly in developing and emerging markets.RG’s vision is to work with local partners to harness this resource, develop utility-scale geothermal power plants, and provide an inexpensive, clean and indigenous energy source for the benefit of local economies, while providing attractive returns for investors. RG is committed to passing geothermal expertise on to local entities, a transition that would include training and education of local experts and cooperation with regional institutions and local contractors and consultants. RG is also dedicated to introducing the UN geothermal program to its partners and to utilizing other educational and training programs to increase the competence of its partners.

RG is uniquely positioned to become a leading company in this rapidly growing sector. The management team’s track record spans over 30 countries and includes spearheading the development of the world's largest geothermal power plant (Iceland’s 700+ MW Hellisheiði Project) on time and on budget. Backed by strong industry, government and investor networks, RG is currently active in Africa, Asia, Russia, China, South America, Oceania, and the Caribbean. In addition to pioneering the first geothermal developments in the Arabian Gulf and in India, RG presently focuses on building its pipeline of development projects in East Africa and across the world.

Reykjavik Geothermal has a certified ISO 9001 business management system and is currently working on implementing the international social accountability standard, SA 8000. International economic project realization is guaranteed with our commitment to our values, emphasizing passion, responsibility, integrity, and quality, as well as our contribution to sustainable development, including HSE (health and safety) and environmental protection.

RG places great emphasis on developing a constructive and prosperous relationship with the communities in which it operates. RG has dedicated itself to improving people’s lives within those markets by choosing local partners, while creating local jobs and increasing educational opportunities. Through its operations, RG supports the improvement of health care and community based resource management. By capitalizing on the incredible opportunity to create a safer and cleaner environmental future for ourselves and our children through the developing of geothermal assets, we will not only provide a better solution for our energy needs but will also contribute to a stronger and more stable economy for our communities.