Icelandic New Energy Ltd (Íslensk NýOrka ehf) is a company founded in 1999 following a decision in 1998 by the Icelandic Parliament to convert vehicles and fishing fleets to hydrogen produced from renewable energy by 2050. Icelandic New Energy was formed as a spin-off from the research by the University of Iceland and was initially 51% owned by Vistorka, with the remainder owned by Daimler, Norsk Hydro and Shell Hydrogen.
Icelandic New Energy Ltd (Íslensk NýOrka ehf) is a company founded in 1999 following a decision in 1998 by the Icelandic Parliament to convert vehicles and fishing fleets to hydrogen produced from renewable energy by 2050. Icelandic New Energy was formed as a spin-off from the research by the University of Iceland and was initially 51% owned by Vistorka, with the remainder owned by Daimler, Norsk Hydro and Shell Hydrogen.
Source: Wikipedia "Icelandic New Energy" · CC BY-SA 4.0
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