Reykjavik Geothermal was founded in 2008 by one of the world’s most experienced geothermal management and science teams. Prior to the formation of the Company, members of the RG team were responsible for over a quarter of the world’s geothermal power development over the previous four years. Limited parent entity was established in 2010.
The RG management team has been involved with the development of over 3000 MW of geothermal projects in over 30 countries, including all phases from greenfield to commissioning of the Hellisheidi power plant in Iceland, currently the world’s largest combined heating and power geothermal plant.
RG has the experience to untap the vast commercial potential of geothermal energy while also being committed to the sustainable use of this naturally occurring resource capable of providing near zero-emission baseload power. By putting our industry-leading development team to work on the best quality geothermal resources around the world in areas with significant market demand, RG is able to provide clean energy now and in the future, in locations all around the world.
To achieve this RG maintains relevant associations with local power off-takers and clients who rely on the efficient and reliable delivery of clean indigenous power. RG invests considerable amounts of time, resources and effort to establish and maintain meaningful relationships with governments, public utilities, mining operations and multi-national corporations representing manufacturing and other industries vital to local economies in our target markets.
Reykjavik Geothermal has a certified QHSE business management system according to the international standards ISO 9001 on quality management, ISO 14001 on environmental management and ISO 45001 on occupational health and safety. The company is also committed to the ISO 26000 standard on social responsibility and the SA 8000 standard on social accountability.
RG values and is committed to responsibility, integrity, and quality, contributing to every project the best possible practices for sustainable development, health, safety and environmental protection.