RARIK Energy Development (RED) is a development and investment company in the field of renewable energy in Iceland and abroad.
Since RARIK works mainly in the field of building and running of electricity transmission and distribution systems, small and medium sized hydro plants and hot water supply, this will be the main focus of the company. However, participation in bigger projects or in related fields, e.g. wind energy is also a possibility.
One important goal of RED is to create a working field for Icelandic experts abroad and thus disseminate the knowledge of energy and harnessing of renewable energy sources.