Environment That Enables Growth
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.
Shape The Future of Sustainable Industry
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
ON Power and Ölfus Cluster Partner to Drive Sustainable Solutions for the Future
ON Power and Ölfus Cluster recently signed a memorandum of understanding on collaboration in research and innovation in the fields of sustainable resource utilization, environmental protection, and energy transition. The partnership will include developing joint projects and mutual support for each party’s initiatives, including sharing expertise and experience and providing professional guidance. “We are very…Lesa meira
A year of growth, innovation and collaboration
The year 2025 was both dynamic and impactful for ON Power’s Geothermal Park, marked by significant advances in development, innovation, and collaboration. Strong emphasis was placed on strengthening the Geothermal Park as a living platform for sustainable energy utilisation, circular thinking, and knowledge sharing, while simultaneously increasing the site’s visibility both in Iceland and internationally.…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.