Icelandic scientists turn CO2 to stone
Icelandic scientists have achieved the groundbreaking result of permanently immobilising CO2 in just two years by injecting it into the ground, where it turns to stone.
Alvotech grand opening in Reykjavik
Alvotech opens the state of the art research and development center in the Science Park of the University of Iceland, Reykjavik, on 3 June 2016.
Icelandic Data Center at WHD2016
Due to ideal climate, green energy and sound infrastructure, Iceland can play a role in the disaggregation of data and the changing data center landscape, as explained by Jorge L. Balcells, Director of Technical Services at Verne Global.
Iceland ranks #3 in the ICT Development Index 2015
The International Telecommunications Union has published the ICT Development Index for 2015, ranking 167 economies based on information and communication technologies (ICTs), based on internationally comparable data and agreed methodologies. Iceland keeps third place as in 2010.
Iceland's Clean Energy and Climate Change
Invest in Iceland and three of Iceland's largest energy companies, participate in the Sustainable Innovation Forum, an event held in Paris at the same time as the COP21 Climate Summit.
Poly Silicon Producer Secures Equity
Silicor Materials, Inc. has secured $105M in equity capital agreements to support the construction of its first commercial-scale manufacturing of Polysilicon at Grundartangi, Iceland. This plant will be using green energy and proprietory new technology to produce the vital ingredient in solar cell.
New State of the art Silicon Metal factory
One of the world's most advanced silicon metal production plants is being built in Northeast Iceland by international PCC group. The plant will be powered exclusively by energy from renewable resources, mainly geothermal, and utilising energy-efficient technologies.
Danish supercomputer in Iceland to cut cost
The next High Perfomance Computing facility of the Danish Meteorological Institute, will be located in Iceland, due to cost efficiency and the green energy.
Marriott EDITION to open in Reykjavik
The new luxury 250 room boutique hotel, next to Reykjavik's award winning Harpa Conference Center and Concert Hall, will be a Marriott EDITION hotel.
Capital Account Liberalisation Announced
The temporary capital controls will be lifted, while ensuring financial stability in Iceland, according to a comprehensive strategy announced by the Government. The measures include Central Bank currency auctions for holders of offshore ISK in the autumn.