News overview
ON Power Seeks Buyers for 150 Megawatts of Renewable Electricity: Explores Market Opportunities for Sustainable Energy Future
ON Power has published an advertisement on an international platform seeking interested parties in the purchase of 150 megawatts of electricity from its power plants. ON Power operates geothermal power plants in the Hengill area, where hot water is also produced for the capital area, and a hydroelectric power plant on the Andakílsá river in...
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ON Power and GeoSalmo Agree on Purchase of Electricity
ON Power and GeoSalmo have successfully secured a contract to acquire up to 28 MW of electricity for GeoSalmo’s land-based salmon farm located in Þorlákshöfn. This agreement is a testament to both companies’ unwavering commitment to environmental consciousness and sustainability. High-quality salmon in a closed aquaculture system GeoSalmo...
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Tenfold increase to CO2 direct air capture and storage at Hellisheiði
Climeworks‘ new direct air capture plant at Hellisheiði, Iceland, built in collaboration with Carbfix and ON Power, will bring a tenfold increase to the current CO2 capture and storage capacity at the site. The new plant adds to the capacity of Climeworks‘ Orca plant, which commenced operations in September 2021, the first of its kind in the...
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ON Power at COP26
The United Nations Climate Change Conference, COP26, began in Glasgow on Sunday and will run until November 12. Representatives from ON Power will attend for informed discussion about the problem that nations face, as well as to network and take part in the proceedings. Green electricity production needs to be increased to meet Iceland’s goals of...
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