Iceland

Canadian geothermal power producer and developer Magma Energy Corp. (TSX: MXY.TO) said today it will sell a 25% share of its 98.5%-owned Icelandic geothermal power company HS Orka hf to a group of Icelandic pension funds for approximately C$71.5 million, approximately equal to Magma’s original cost of the acquisition.

Here are the Top 10 Renewable Energy News Stories You May Have Missed this Week:

Iceland, the world's leader in geothermal energy is going to work with China, the world's largest energy consumer, to develop geothermal resources in the Middle Kingdom, Bloomberg reports.

This week's Renewable Energy Leader's Forum features an executive hailing from Iceland.  Alexander Richter helps coordinate the geothermal funding projects of a major Icelandic bank, Islandsbanki (translated, "Iceland's bank").  Islandsbanki is a major resource for the geothermal sector, which historically has a more difficul

The World Geothermal Conference, or WGC2010, held from April 25 to the 30 in Bali, touted Indonesia’s huge geothermal resources and aimed at transforming that Southeast Asian nation from an emerging economy to the geothermal capital of the world.

Iceland recently came one big step closer to making the innovative “Energy for Debt” plan a reality, when the country’s voters rejected a referendum to pay back debt incurred by the country’s privatized bank Ices

Iceland is a country in a highly visible state of evolution, a vast volcanic island where the landscape is obviously alive. With shifting glaciers, spouting geysers, simmering hot springs, rushing rivers, and a number of active volcanoes, it's a place bursting with a bounty of natural power.

The United States Department of Energy recently announced the selection of 19 projects, specifically targeting geological carbon dioxide storage. These projects will span the U.S., combating and evaluating the risk of the invisible emissions threat.

How much do you know about Rutabagas, the Hecate Strait, Taiwan, the smart charging system, or "green" beer? 

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Magma Energy (CVE:MXY) continued their impressive global shopping spree of geothermal assets by outbidding competitors to potentially acquire up to 48.1% of Iceland-bas