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HS Orka commences 22MW expansion at Svartsengi Power Plant

HS Orka has broken ground on the 22 MW expansion of its Svartsengi Power plant. Svartsengi 7 will increase the current production capacity by 22 MWe bringing the total capacity to 85 MWe.  


HS Orka and Sæbýli sign a Letter of Intent to farm abalone in the Resource Park

HS Orka and Sæbýli have signed a Letter of Intent to farm abalone in HS Orka‘s Resource Park.


Svartsengi recieves Top Plant award from POWER Magazine

Recently HS Orka won an award for the power plant at Svartsengi.


HS Orka and Hydrogen Ventures sign a term sheet on hydrogen production in HS Orka's Resource Park.

HS Orka and Hydrogen Ventures Limited (H2V) have reached an agreement on energy prices and other terms for a hydrogen production in Iceland, which will be used to produce methanol in HS Orka's Resource Park.


HS Orka Sustainability Report 2021

HS Orka has for the first time issued a sustainability report on the company‘s performance regarding environmental, social and governance issues for 2021. The report is in accordance with the Global Reporting Initiative, GRI standards. The report reflects HS Orka's knowledge of the company's impact for 2021.


Letter of Intent signed to investigate the feasibility of producing synthetic fertiliser domestically

HS Orka, Kaupfélag Skagfirðinga and Fóðurblandan will conduct a feasibility study for a plant, located in Iceland, to produce fertiliser. The parties have signed a Letter of Intent to that effect.


Plans to invest ISK 15 billion in methanol production in Reykjanes

Hydrogen Ventures Limited (H2V), an international energy company, plans to produce a large amount of hydrogen in Iceland, which will be used to make methanol. Although the methanol production will be completely environmentally friendly, HVL's plant will be located in the Reykjanes Resource Park, near one of HS Orka's two power plants.


New onshore fish farming in the Resource Park

The following press release on the matter was sent out from Samherji on Tuesday 15 June.


Kristinn Harðarson new Executive Vice President of Production

Kristinn holds an MBA from the University of Iceland, a master's degree in operations engineering from DTU in Denmark as well as a B.Sc. degree in industrial engineering from Tækniskóli Íslands.


Construction work on the expansion of Reykjanes Power Plant to begin

Construction on the expansion of the Reykjanes Power Plant, which is set to start up in early 2023, will begin soon. The main projects have been put out to tender, and there has been a lot of interest in them. The 30 MW expansion is unique in that it makes use of geothermal water that is already being used at the existing power plant.


Tender for the expansion of Reykjanes Power Plant

Tender documents will be available on HS Orka's tender website on Thursday, October 1st. To gain access to the website, tenderers must send an email to


New Chief Legal Officer of HS Orka

Arna Grímsdóttir has been hired as HS Orka's new Chief Legal Officer. Arna has a Cand.jur. from the Faculty of Law at the University of Iceland and earned rights as a district court lawyer. She will start working for the company at the beginning of next year.