Icelandic HS Orka recognized with Energy Globe Award for its Geothermal Resource Park

Screenshot of video of the Resource Park of HS Orka via Vimeo
Alexander Richter Alexander Richter 6 Jun 2017

Icelandic energy company HS Orka has been recognized for its environmental achievements surrounding its operations of the Geothermal Resource Park on the Reykjanes Peninsula in Iceland.

Icelandic energy company HS Orka announced today, that on World Environment Day, the company “was awarded the Energy Globe Award, which is awarded to companies and individuals who have stood out in their efforts in environmental issues. This year, 178 projects were selected from all over the world, and the Resource Park was selected as the best Icelandic contribution.

“We are touched by this award and the recognition that the Resource Park is receiving internationally. The ideology underlying the Resource Park is simple: that there is nothing that can be called waste. All streams resulting from our energy production are used by companies in the Resource Park. There are seven companies in the Park at present, and their number will be increasing. Albert Albertsson is the concept creator of the Resource Park and our mentor. Albert has always told us that the multi-layered utilisation of resources is simply common sense”, says Ásgeir Margeirsson, CEO of HS Orka.

HS Orka is the third largest energy company in Iceland producing and selling electricity throughout the country. Full utilisation and consideration for the environment has always been the guiding light in the operation and has led to, among other things, the establishment of the Resource Park on the Reykjanes peninsula, where companies have sprung up and utilised the various resource streams that result from the production of electricity and geothermal water extraction. HS Orka is owned by Alterra Power Corporation 66,6% and thirteen Icelandic Pension Funds 33,4%.

The Geothermal Resource Park is a unique set up utilising the geothermal resources on the Reykjanes Peninsula not far from Reykjavik in Iceland in a multiple of different applications.  We previously reported on the incredible entrepreneurship behind the Park, which features a power plant, spa operations, greenhouses, fish drying, fish farming, CO2 to Methanol production, cosmetic products and much more.

Source: HS Orka