Iceland's state-owned power company, Landsvirkjun, has successfully raised USD 220 million through a green bond issuance. The capital is earmarked for the financing of renewable energy projects, reinforcing the company's commitment to sustainable infrastructure development and its transition toward further green energy expansion in Iceland.
Port of Reykjavik officials have showcased the new Vör Cruise Terminal to delegates, highlighting its role in enhancing cruise operations in Iceland. The facility, designed to improve passenger flow and sustainability, is scheduled for its official inauguration next week, marking a significant infrastructure upgrade for the capital's harbor.
A man in his forties has been remanded to four days of pretrial detention by the Reykjanes District Court in Iceland. The detention follows a police operation involving the seizure of a firearm. Authorities have initiated an investigation into the incident, which remains ongoing as law enforcement continues to process evidence related to the case.
The Icelandic housing market is showing signs of a slowdown, with a growing number of property sellers in the capital region and beyond lowering their asking prices. High interest rates and a cooling demand have shifted the market dynamic, leading to longer sales times and increased price negotiations as sellers adjust to new economic realities.
A delegation from the Congress of Local and Regional Authorities of the Council of Europe has completed its inaugural mission to observe local elections in Iceland. The mission assessed the conduct of the electoral process, engaging with national and local authorities to evaluate adherence to democratic standards and the European Charter of Local Self-Government.
Biotech company Alvotech has announced the successful conclusion of a routine surveillance inspection by the U.S. Food and Drug Administration (FDA) at its manufacturing facility in Reykjavik, Iceland. The inspection is part of the regulatory process for the company's biosimilar development and production operations.
The Icelandic Minister of Infrastructure has formed a specialized working group to evaluate and mitigate risks to critical infrastructure on the Reykjanes Peninsula. This initiative follows ongoing volcanic and seismic activity in the region, aiming to secure essential services and protect vital assets from potential future eruptions and geological instability.
Statistics Iceland has announced that the nation's population grew by 520 individuals during the first quarter of 2026. This increase brings the total population of Iceland to 395,050, reflecting ongoing demographic trends in the Nordic country.
Fire crews in Iceland's capital region have been placed on high alert due to an elevated risk of wildfires. Unusually dry weather conditions have prompted authorities to urge public caution and implement restrictions to prevent potential blazes in the area surrounding Reykjavík.
Icelandic chef Snædís Xyza Mae Jónsdóttir has successfully qualified for the grand final of the prestigious Bocuse d'Or culinary competition. Following a strong performance at the European selection event, she will now represent Iceland on the world stage in Lyon, France, competing against top culinary talent from across the globe.
Century Aluminum has successfully resumed operations on the No. 2 electrolytic cell line at its Norðurál smelter in Grundartangi, Iceland. The restart, which occurred ahead of the company's original schedule, marks a significant operational milestone for the facility as it restores full production capacity following previous maintenance and operational adjustments.
New data from the Reykjavík City Council highlights current trends in municipal financial assistance. The report indicates that a majority of individuals receiving support are currently unemployed, providing insight into the economic challenges facing residents within the Icelandic capital.
Icelandic authorities and researchers continue to monitor sea ice movement using satellite data and Coast Guard aircraft. While the frequency of sea ice reaching Icelandic waters has seen a significant long-term decline due to climate change, the Icelandic Meteorological Office maintains surveillance to ensure maritime safety and provide critical data for shipping and fishing.
Icelandic energy company ON Power has finalized a loan agreement of ISK 4.625 billion to fund critical upgrades and expansion projects at the Hellisheidi Geothermal Power Plant. This investment aims to enhance the facility's operational efficiency and support the continued development of sustainable geothermal energy infrastructure in Iceland.
An Icelandic pilot is under investigation by the Icelandic Transport Authority following reports of a low-altitude flight over the Westman Islands. The incident, which involved a small aircraft, has raised concerns regarding aviation safety regulations and potential risks to the public in the populated area.
Young people in Iceland who are 18 years old are now eligible to apply for the latest round of the Erasmus+ DiscoverEU initiative. Successful applicants will receive free Interrail travel passes, allowing them to explore Europe by train and discover the continent's cultural diversity as part of the European Union's program to foster youth mobility and connection.
West Iceland welcomed the start of the Easter weekend with crisp spring conditions. Residents and visitors experienced clear visibility and temperatures hovering around -2.6°C, providing a bright, albeit cold, beginning to the holiday period across the region.
Iceland Seafood International hf. has successfully completed an auction of 6-month bills, raising 680 million ISK. The financial instrument was issued at a simple interest rate of 8.49%, marking a notable development in the company's short-term financing activities within the Icelandic market.
Recent comparative data highlights that primary school pupils in Iceland receive fewer annual teaching hours compared to the European average. The findings have prompted discussions regarding the structure of the Icelandic education system and how it compares to international standards in terms of instructional time and student learning outcomes.
Ragnar Jónasson's acclaimed Icelandic thriller novel 'The Darkness' is being adapted into a major international television series. Starring Lena Olin as Detective Hulda Hermannsdóttir, the production brings the chilling atmosphere of Icelandic crime fiction to a global audience, highlighting the growing international demand for Nordic Noir storytelling.
