Innovation 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
ON Power and the Iceland Ocean Cluster sign a Memorandum of Understanding
ON Power and the Iceland Ocean Cluster have signed a memorandum of understanding to collaborate on innovation related to sustainable resource utilization, environmental protection, and the energy transition. Through this partnership, the two parties aim to strengthen connections between Glóð and the blue economy, share knowledge, and create a platform for developing new projects that…Lesa meira
Geothermal Park gains international spotlight for pioneering sustainability
ON Power and the ON Geothermal Park were prominently featured in the latest editions of Sustainability Magazine and Energy Digital in an article by Steven Downes showcasing Iceland as the land of fire, ice, and climate innovation. The article, which earned the cover story in Energy Digital, highlights ON Power’s leading role in driving sustainable energy production and pioneering new…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.