Developer

Iceland America Energy Inc

www.icelandamericaenergy.com

Total capacity of implemented projects

50 - 250 MW

Countries of projects presence

1

Iceland America Energy Inc. (IAE) is a renewable energy company based in the United States that specializes in geothermal energy projects. The company was founded in 2004 with the goal of developing sustainable energy solutions that could help reduce the world's reliance on fossil fuels.

Geothermal energy is a form of renewable energy that is generated by harnessing the heat that is naturally produced within the earth's crust. This heat can be used to generate electricity or to provide heating and cooling for buildings. Geothermal energy is considered to be one of the most reliable and sustainable forms of renewable energy, as it is not dependent on weather conditions or the availability of sunlight or wind.

IAE has been at the forefront of geothermal energy development in the United States, with a particular focus on the western states where there is a high potential for geothermal resources. The company has developed a number of geothermal energy projects in California, Nevada, and Oregon, and has also been involved in international projects in countries such as Iceland, Indonesia, and the Philippines.

One of IAE's most notable projects is the Salton Sea Geothermal Project in California. This project involves the development of a geothermal power plant that will generate up to 185 megawatts of electricity, enough to power over 100,000 homes. The project is located in an area that has been identified as having one of the highest geothermal potentials in the United States, and is expected to provide significant economic benefits to the local community.

IAE has also been involved in the development of geothermal energy projects in Nevada, where the company has partnered with local utilities to provide clean and reliable energy to the state's residents. The company has developed a number of geothermal power plants in the state, including the Faulkner 1 and 2 plants, which have a combined capacity of 59 megawatts.

In addition to its geothermal energy projects, IAE has also been involved in the development of other renewable energy technologies, including solar and wind power. The company has partnered with other renewable energy companies to develop large-scale solar and wind projects in the United States and internationally.

IAE's commitment to sustainability and renewable energy has earned the company numerous awards and recognitions. In 2018, the company was named one of the Top 10 Geothermal Companies in the world by Energy CIO Insights magazine. The company has also been recognized for its commitment to environmental stewardship and sustainable development, and has received awards from organizations such as the Geothermal Energy Association and the US Department of Energy.

IAE's success in the renewable energy sector can be attributed to its focus on innovation and collaboration. The company has a team of experienced engineers and scientists who are constantly working to improve and refine its geothermal energy technologies. IAE also works closely with local communities and stakeholders to ensure that its projects are developed in a sustainable and responsible manner.

Looking to the future, IAE is committed to continuing its work in the renewable energy sector, with a particular focus on geothermal energy. The company believes that geothermal energy has the potential to play a major role in the transition to a low-carbon economy, and is working to develop new and innovative geothermal energy technologies that can help make this vision a reality.

In conclusion, Iceland America Energy Inc. is a leading renewable energy company that has made significant contributions to the development of geothermal energy in the United States and internationally. The company's commitment to sustainability and innovation has earned it numerous awards and recognitions, and its focus on collaboration and community engagement has helped ensure that its projects are developed in a responsible and sustainable manner. As the world continues to transition to a low-carbon economy, IAE's work in the renewable energy sector will be more important than ever, and the company is well-positioned to continue leading the way in the development of sustainable energy solutions.