The municipality of Norðurþing is facing significant financial strain from the halted operations at PCC BakkiSilicon. The closure of the silicon plant at Bakki is estimated to cost the municipality 700 million ISK (about €4.6 million), largely in lost revenue and associated economic activity. RÚV reports that Mayor Katrín …
The municipality of Norðurþing has signed a memorandum of understanding with the British-Norwegian company GIGA-42 Ltd. to develop a new data center on the industrial site at Bakki near Húsavík. The agreement, signed in Húsavík this week by Norðurþing deputy mayor Bergþór Bjarnason and GIGA-42 CEO William Tasney, outlines …
A small fire broke out in the PCC silicon plant at Bakki, north of Húsavík, in the early morning hours during the night shift. A swift response for the municipal fire department, first responders and staff on site prevented further damage. This is the second time that a fire …
The first turbine unite of the 90 megawatt Þeistareykir geothermal power plant went online today. The new plant consists of two turbine units, each with a 45 megawatt capacity. The second 45 MW turbine unit is scheduled to go online in April next year. Landsvirkjun, the National Power Company …
