The first phase of a new geothermal district heating utility in China's official geothermal city, Xian Yang, opened this week, implemented by a consortium of Icelandic/Nordic companies, including financier Glitnir and Orkuveita Reykjavikur.

"Every day that we utilize geothermal energy instead of burning coal is a good day." -- Asgeir Margeirsson, ENEX chairman and a director at Orkuveita Reykjavikur