Iceland Offered Geothermal Expertise to India
Iceland proposed a partnership to deploy advanced geothermal energy and carbon-to-stone technology in India.
Updated on Oct. 7, 2026 in Energy
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Iceland has proposed a new partnership with India to develop geothermal energy infrastructure and export specialized carbon storage technology. The collaboration aims to leverage Iceland’s technical expertise to help India harness its vast, untapped geothermal potential.
Why it matters
Iceland is seeking to scale its specialized carbon-to-stone technology and geothermal experience by expanding into international markets with significant untapped energy resources. This partnership would provide India with the regulatory frameworks and drilling technologies needed to utilize its estimated geothermal capacity.
Iceland generates 30% of its electricity from geothermal sources and 70% from hydropower. Next-generation drilling techniques could potentially increase borehole productivity by 10 times.
The players
Jóhann Páll Jóhannsson
Jóhann Páll Jóhannsson is an Icelandic official who led discussions on geothermal energy and carbon-to-stone technology partnerships in New Delhi.
Carbfix
Carbfix is a specialized technology developer that converts captured carbon dioxide into stone through mineralization.
The details
The proposed partnership includes the deployment of Carbfix technology, which mineralizes captured carbon dioxide to store it permanently as stone, specifically targeting India's steel and cement industries. Additionally, Iceland has offered legal expertise to help India develop the regulatory structures necessary to manage large-scale geothermal energy production.
Timeline
Jóhann Páll Jóhannsson discussed energy partnerships during meetings in New Delhi on October 7, 2026.
The Big Picture
This proposal marks a shift toward the international scaling of the Carbfix carbon-to-stone mineralization process. By applying this method to the steel and cement industries, the initiative aims to bridge the gap between niche geological carbon storage and large-scale industrial decarbonization.
The deployment of next-generation geothermal drilling and carbon-mineralization technologies could eventually lead to lower-cost, carbon-neutral energy production in industrial sectors. If successful, these methods may be adopted globally to reduce the carbon footprint of heavy manufacturing like cement and steel production.
The takeaway
The partnership highlights how specialized renewable expertise from smaller nations can provide critical infrastructure support to large, developing economies. Successfully implementing these geothermal technologies could establish a new model for decarbonizing energy-intensive industries on a global scale.
Further reading
For more information on global shifts in power production, visit the Energy section.
Source note: This article includes information reported by The Hindu.
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