NEWS

Iceland is now the leading exporter of geothermal expertise to the rest of the world, according to the Trade Council of Iceland.Iceland's engineers, geologists and financiers are working on projects whenever there are incentives or easily-tapped reservoirs of underground heat . Iceland's third-largest bank, Glitnir, helped finance the world's biggest geothermal district heating project in the city of Xianyang, China, and it retains a staff of geologists to evaluate the potential of early stage drilling projects,according to sources.