REYKJAVIK, ICELAND--(Marketwired - Mar 19, 2014) - Landsvirkjun, one of Europe's leading renewable energy companies, recently saw the start up of its newest hydropower station in Iceland, Búðarháls Hydropower Station.
An official start-up ceremony took place on Friday 7th March where Mr Bjarni Benediktsson, Minister of Finance and Economic Affairs and Ms Ragnheiður Elín Árnadóttir, Minister of Industry and Commerce, powered up the hydropower station.
"The development and construction of the Búðarháls Hydropower Station has been exemplary by any standard and cooperation on the project has been a unified effort. Landsvirkjun is very proud of this achievement. Búðarháls will be Landsvirkjun's 16th power station, producing green, sustainable energy for the national grid and creating value for our owners, Icelandic society, for years to come," explained Hörður Arnarson, CEO of Landsvirkjun.
Búðarháls marks a turning point in the development of hydropower stations in the area as the station utilises the 40 metre head in the Tungnaá River from the tail water of the Hrauneyjafoss Power Station to the Sultartangi Reservoir.
The station is the 7th largest power station owned by Landsvirkjun. The installed capacity of the station is 95 MW and it generates approximately 585 GWh of electricity per year for the national grid.
For more information about Landsvirkjun and the Búðarháls Hydropower Station in Iceland, visit www.landsvirkjun.com.