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Reykjavik, January 26, 2026 Carbon Iceland has signed an agreement to secure land for a large-scale CO₂ capture and eMethanol production facility at Grundartangi Eco-Industrial Park in Southwest Iceland, close to Reykjavik area. The agreement was signed on 26 January 2026 by Hal Oskarsson, CEO of Carbon Iceland, and Gunnar Tryggvason, CEO of Faxaflóahafnir. The […]

by: Matthias Olafsson In April 2025, the International Maritime Organization (IMO) took a significant step towards decarbonizing global shipping by approving a new legal framework to tackle greenhouse gas (GHG) emissions. This decision aligns with the IMO’s 2023 GHG Strategy, aiming for net-zero emissions by 2050. What makes this framework particularly groundbreaking is its combination

London, March 26, 2025 In a significant step toward advancing the global transition to sustainable fuels, Carbon Iceland and Johnson Matthey (JM) have officially signed a Memorandum of Understanding (MOU) to accelerate the deployment of sustainable methanol. This collaboration underscores the commitment of both companies to drive the adoption of renewable energy solutions and reduce

Today, Carbon Iceland had the honor of meeting with Her Excellency Ambassador Clarissa Duvigneau at the German Embassy (Botschaft der Bundesrepublik Deutschland) in Reykjavik, Iceland. It is of great importance for Carbon Iceland to inform the Ambassador about the project, particularly as German related companies are directly involved in the design processes and providing key

Today, the CEO of Carbon Iceland and the CEO of Ölgerðin signed an agreement regarding buying green liquid CO2 from the Carbon Iceland plant that will start operating at Grundartangi industrial zone in 2028. Carbon Iceland will capture a large volume of CO2 from Norðurál aluminum smelter, aslo located in the Grundartangi area. Ölgerðin has

Carbon Iceland is preparing capturing emissions from the largest smelters in Iceland, starting with Norðurál, a Century Aluminum Company and others to follow. This will allow Carbon Iceland to capture more than one million tons/year of CO2 that will be used to produce renewable fuel for the Icelandic fishing and maritime industries and other transportation

During the Carbon Iceland Launch Meeting, Siemens Energy and the Minister of the Environment, Energy and Climate discussed how Siemens Energy can widely support energy transition in Iceland regarding various process engineering including technology and equipment for hydrogen production and compression. During the meeting, Siemens Energy invited the Minister and Carbon Iceland to formally visit

At the Arctic Energy Forum (AEF), participants try to navigate the Green Energy Transition in the Arctic by charting a path for responsible governance for thriving northern communities. Carbon Iceland was invited to present the ‘Carbon Iceland Model’ that can help communities thriving and reaching a better future with more environmentally friendly fuel for industries

Carbon Iceland and Zeyphyr have signed an agreement regarding energy for the Carbon Iceland project. Zephyr is a wind energy producer aiming for the installment of several wind energy projects in Iceland. Wind energy is an excellent addition for the Carbon Iceland project as the design of the project assumes that a considerable amount of

Carbon Iceland and Siemens Energy have agreed to start working on next steps of CI’s design processes. Details are still confidential but will be revealed at a later stage. This is an important stepping stone in the overall design of the Carbon Iceland production plants and facilities. It is very valuable for Carbon Iceland to