“All of Reykjavik might be able to fit in that apartment block,” remarks Einar Magnusson, the vice president of business development for Iceland-based Arctic Green Energy Corporation (AGEC), as he drives past miles and miles of Beijing’s residential skyscrapers. Following Jiang Zemin’s visit to Iceland in 2002 – the first-ever by a Chinese President – the two nations opened a new chapter in their partnership, which was originally founded upon shared strategic interests. China’s interest in cleaner energy sources has led to a fruitful area of cooperation with Iceland, where geothermal plants generate 66 percent of the country’s primary energy and provide nine in ten households with heat.