On Wednesday 26th October, Islandsbanki and Glacier Securities won the ‘Best in Show’ audience choice award for its booth at the geothermal energy conference, Geothermal Energy Expo in San Diego, California. This annual event is the largest geothermal energy conference and exhibition held in the United States. Read the full story

Glacier Securities, a subsidiary of the Icelandic bank Islandsbanki, has predicted a strong future for the geothermal energy industry within the U.S., despite temporary set backs over the past couple of years. Read the full story

The geothermal energy conference, Geothermal Energy Expo and the GRC Annual Meeting, both taking place today until October 26th 2011 in San Diego, California, will see participation from the Icelandic bank Islandsbanki for the fifth time running; highlighting the bank’s commitment to the geothermal energy industry in the United States. Read the full story

Geothermal power stations in Iceland will have to reduce their emissions of hydrogen sulphide in the wake of a new directive proposed by the Minister for the Environment. The proposed rules are the first step in the ministry’s plan to lower sulphur pollution from geothermal stations which are potentially harmful to health. Read the full story

The recent volcanic activity at the Eyjafjallajokull glacier in southern Iceland has attracted a lot of interest amongst geologists and volcanologists, both in Iceland as well as internationally. Read the full story

Islandsbanki is proud to support the U.S. Geothermal Energy Association (GEA) and its Geothermal Energy Finance Forum 2010, which takes place on Thursday, January 14, 2010 in The Ritz-Carlton, Battery Park, New York City. Read the full story

According to the third annual U.S. Geothermal Energy Market Report issued by Islandsbanki (formerly Glitnir), there are around 144 geothermal energy projects in development in the United States today. Read the full story

Magma Energy Corporation from Canada has announced that they will invest in the companies of Geysir Green Energy and HS Orka in Iceland, which are partners with Asbru’s clean energy development. Asbru will gain much from this investment opportunity including better knowledge to further develop green energy research. Read the full story

Iceland’s first geothermal power station outside of the country opened this week in El Salvador, in the Berlin region. The development was announced at the weekend by the Icelandic energy company Enex. Read the full story

It has come to light that certain bacteria may be able to ‘eat’ the hydrogen sulphide from geothermal power station steam emissions and thereby reduce pollution. The initial research results look promising, but scientists working at the Hellisheidi power station research lab in Iceland must carry out further research before releasing final results, RUV.is reports.

For the last two years, a small research station has been conducting the experiment at the Nesjavellir power station. In their experiments, scientists passed the geothermal emissions through ten litre containers of different sorts of bacteria to see which was best at removing the hydrogen sulphide.

Jakob K. Kristjansson, doctor of biochemistry, say that the initial findings suggest that bacteria could be useful in cleaning the emissions from geothermal power stations. But it has yet to be confirmed if the Read the full story