Top 6 Green Energy startups in Iceland

Updated: February 04, 2024 | Editor: Alexander Gillet

1
Funding: $3.7M
Laki’s technology is a small aluminum box — not much larger than a breadbox — that snaps onto high-voltage transmission power lines, loaded with a slew of monitoring equipment. This technology promises early detection of trouble with, or around, transmission lines.
2
Funding: $2.5M
IceWind designs and manufactures small vertical axis wind turbines for telecom towers and residential applications.
3
Funding: ISK105M
Nitrogen electrolyser for direct sustainable ammonia produciton
4
Funding: $751.1K
Loki Geothermal specializes in the production and service of geothermal equipment and is currently developing wellhead valves for high-temperature geothermal wells. The company's main objective is to develop equipment that is more reliable and easier to use than equipment that is currently available on the market.
5
The YOUWINd software and management consultancy tool enables its users to optimize an offshore wind farm business case in an easy an efficient way with a state of the art algorithm, market data and enables comparing the results with over 800 already developed and operated wind farms worldwide.
6
Funding: €450k
Youwind helps the energy industry accelerating Offshore Wind with the leading design & optimization IT-Platform. The software helps accelerating offshore wind farms with the combination of site data and the speed of wind farm analysis and evaluation.
Editor: Alexander Gillet
Alexander Gillet is a senior editor for EnergyStartups. He has a deep background in energy sector and startups. Alexander graduated from Emlyon Business School, a leading French business school specialized in entrepreneurship. He has helped several non-profit organizations dedicated to promoting environmental education and sustainability and has written over 250 articles on energy technology for various websites. In his free time, Alexander enjoys yoga, camping and exploring the Blue Ridge Mountains. You can contact Alexander at alexgillet(at)energystartups(dot)com