The company has been at the forefront of geothermal research and development in China, leading the geothermal industry in achieving a number of firsts:
Through close collaboration with our key partners, we build up local companies within our target markets. Arctic Green Energy is the leading exporter of the Icelandic success and leadership in geothermal to markets around the globe.
We operate the world´s largest geothermal district heating company – Sinopec Green Energy – in cooperation with Sinopec Group. Linking the Icelandic leadership in geothermal and clean tech with China´s huge market and green energy potential, the company is growing at a fast pace towards an IPO.
A new venture was recently launched in Vietnam and our geographical focus has been expanded to include markets in Central Asia and Europe.
Past projects include a 50 megawatt power development in the Philippines.
Arctic Green Energy is a leading developer & operator of profitable
green energy projects in Asia
Apart from extensive geothermal operations, our portfolio also includes waste heat utilization- and energy efficiency projects based on the EMC model, and the first solar investments are being prepared.
Arctic Green Energy has shown that its ventures in Asia are profitable while at the same time offering its customers green energy at lower prices than the fossil fuel driven competition – without any subsidies.
Arctic Green Energy has maintained close cooperation with Icelandic geothermal consulting companies such as Iceland Geosurvey, Icelandic drilling, VERKIS and Mannvit.