Iceland leads the world in addressing pollution control and natural resource management challenges, according to the 2010 Environmental Performance Index (EPI) produced by a team of environmental experts at Yale University and Columbia University. This is the third edition of the EPI, which has been revisited biannually since 2006.

Global Geothermal has signed an exclusive MOU with the city of Husavik in Iceland, to acquire, refurbish, maintain and operate the 2MW Kalina cycle plant in Husavik. The Husavik was the first and only example of a Kalina Cycle geothermal plant, prior to the commissioning of two plants by Siemens in Germany in 2009.