How we work

Project Sourcing

Project Sourcing

We evaluate geological conditions, map plant locations and check grid capacity, and establish relationships with key stakeholders. We look at projects with existing or well-documented resources with geothermal temperatures in the range of 100-180°C.

 Evaluation & Qualification

Evaluation & Qualification

We confirm our prospects by running various geological, geophysical and geochemical surveys in close collaboration with our global geoscience team. Then we aim to sign the land-lease, related off-take agreements, and obtain local permits.

Execution

Execution

Our local Project Management team manages the actual project development, in parallel with permitting, site preparation, technology procurement, etc. We work very closely with our local partners to facilitate each project and it’s important for us that our partner possesses the knowledge to develop the project in their field of expertise.

Grab a VR headset and join us in Flúðir, Iceland for an interactive tour of our first power plant.

logo

Katrínartún 2, 17th floor, 105 Reykjavík
info@varmaorka.is
500817-1430

logologo