Friday, April 20, 2012

Iceland & China:

China, Iceland Announce Deal on Geothermal Energy (ChannelNewsAsia.com)

Iceland's Orka Energy signed a deal with China Petrochemical Corporation of the Sinopec Group on using geothermal energy in China for heating homes and generating electricity.

China and Iceland announced a series of deals Friday after Chinese Prime Minister Wen Jiabao flew in to Reykjavik on the first stage of a four-nation European tour.

The deal was part of a package of six agreements signed on the first day of the Chinese premier's visit to the country, during which he held talks with his Icelandic counterpart Johanna Sigurdardottir.