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Where is the best place to build an energy-based business? Helga Kristín Jóhannsdóttir, Head of ON Power’s Geothermal Park, addresses that question and more in a feature filmed at the Hellisheiði Power Plant, where the Geothermal Park spans more than 100 hectares. The video also features representatives from companies operating within the park: Kristinn Hafliðason,…Read more
Over the past few months, ON Power has reached several significant milestones in the development and expansion of its Geothermal Park. Among the key achievements are the establishment of a clear vision for the Geothermal Park through to 2035, the approval of an innovation centre, and the awarding of substantial grants to support research and…Read more
At the Hellisheiði Power Plant in Iceland, a unique ecosystem of companies has taken shape in recent years, showing how geothermal energy can be used far beyond traditional power generation. Within ON Power’s Geothermal Park, companies, researchers, and entrepreneurs work together to develop solutions based on renewable energy, circular economy principles, and smarter resource use.…Read more- Orka náttúrunnar (ON Power) views innovation as a key driver in ensuring sustainable operations, technological leadership and long-term resilience for the benefit of customers, society and the environment. Research and innovation are at the core of the company’s development, supporting its strategy of responsible resource utilization, sustainability and long-term value creation. These themes are at…Read more
Ingunn Gunnarsdóttir, Leader of Innovation at ON Power, appears in the latest episode of the NexTech series, which explores how Iceland is responding to climate change through innovation and sustainable solutions. The episode examines the impact of climate change in Iceland, where warming oceans, retreating glaciers, and unique geological conditions make the country among the…Read more- ON Power and KLAK Icelandic Startups have entered into a collaboration focused on innovation, with an emphasis on sustainable resource utilization, environmental protection, and the energy transition. The first step in this partnership was a visit from startups participating in Hringiða, KLAK’s business accelerator for green solutions, to ON Power’s facilities at Hellisheiði Power Plant.…Read more
- ON Power has received grants from the Climate and Energy Fund for projects that support increased innovation, improved utilization, and value creation. The grants are part of a major allocation by the fund, which awarded a total of ISK 600 million to projects in the field of geothermal utilization. The ON Power projects that received…Read more
ON Power and GRÓ – Geothermal Training Programme (GTP) are now collaborating on knowledge transfer, research, and innovation in the fields of geothermal energy, sustainable resource utilization, and environmental protection. The GTP is one of four programmes under GRÓ – Centre for Capacity Development, Sustainability and Societal Change, which is under the auspices of UNESCO,…Read more
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…Read more- 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.…Read more
