Magma Energy Purchases of a Further Interest in Icelandic Geothermal Energy Producer

According to the press release, “Magma Energy Corp. (TSX: MXY) announces that its wholly-owned subsidiary, Magma Energy Sweden A.B., today has closed a portion of a previously announced agreement to acquire further shares of Iceland geothermal company HS Orka hf. Magma Sweden now holds an 84.21% interest in HS Orka. The acquisition was originally announced [...]

Iceland serves up ice

Carbon emissions come from all types of different sources, some are traditional and some we know very little about. Automobiles, running on brown energy release CO2 into the air, as to home appliances, boats and other products that require electricity. In a changing world, there are always going to be new, and potentially more environmentally [...]