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ON Power is constructing a new building within the Geothermal Park at Hellisheiði, dedicated to innovation, collaboration, and knowledge sharing. In this space, startups, entrepreneurs, and scientists will work together to develop sustainable solutions for the future.
Submit suggestionInnovation Hotspot
ON POWER’s Geothermal Park occupies just over 100 hectares adjacent to the Hellisheiði geothermal power plant. In this green industrial park, we’ve built a community of forward-thinking companies that understand the importance of circular-economy principles. At the Geothermal Park, these companies harness local resources in a responsible and profitable way and this development is still in full swing.
A Sustainable Future with Renewable Energy
The Geothermal Park covers 103 hectares and has direct access to renewable energy from the Hellisheiði geothermal powerplant, the largest geothermal power station in Europe. In addition to electricity and thermal energy, the Park provides access to land and water resources, all managed with circular-economy thinking at the forefront.
Facilities and ResourcesNews and Articles
New Bathing Lagoon One of the Projects within ON’s Geothermal Park
Plans remain on track for the lagoon to open in the coming years, following recent development work.Lesa meira
World’s Largest Direct Air Capture Plant in ON’s Geothermal Park
The world’s largest carbon-capture plant, Mammoth by Swiss company Climeworks, has begun operations in ON’s Geothermal Park at Hellisheiði. Mammoth can capture up to 36,000 tonnes of CO₂ per year directly from the air.Lesa meira
Join the Geothermal Park
We welcome to our community sustainability-focused companies, startups, and innovation projects working in sectors such as power generation and energy utilization, agriculture, algae farming, biotechnology, tourism, eco-friendly material production, and those emphasizing health and well-being.