Leading in the production of renewable energy for 45 years
Innovation and creative thinking have always been at the core of the company's operations, and they continue to be at the heart of the Resource Park, where we emphasize the use of all resource streams.
thousand m³ of hot water
Deepest geothermal well
Total depth of geothermal wells
Number of geothermal wells
Launch of Iceland’s largest rapid EV charging hub
InstaVolt, in partnership with HS Orka, launched Iceland’s largest rapid electric vehicle charging hub located by Courtyard by Marriott Reykjavik hotel, only five minutes away from Keflavik Airport.
The expansion of Reykjanesvirkjun is officially in operation
The expansion of Reykjanesvirkjun, REY4, has now officially passed from the construction stage to commercial operation.
HS Orka´s sustainability report for 2022
For the second time HS Orka now publishes a sustainability report in accordance with the Global Reporting Initiative Standards (GRI). In the report information is presented with regards to HS Orka’s impact on the environment, society and economy in the past year. Furthermore, HS Orka´s choice of six UN´s Sustainable Development Goals for implementation in its operations are now presented for the first time.
Best ever operating year for HS Orka
The year 2022 was the best operating year in the history of HS Orka hf. Operating revenue amounted to 10.6 billion ISK, increasing by 14.7% from the previous year. The largest part of this is due to the high price of aluminium and price increases in the wake of energy shortages. The financial standing of the company is strong with equity amounting to ISK 28.6 billion, and its equity ratio at 41.5% at the end of the year.