Restarting The Renewable Energy School
The operation part, a limited liability not for profit company called Orkuvordur ehf. was declared bankrupt January 2011. Six months later UpperBlue a consultancy run by David Gudjonsson bought the brand, several immaterial assets and the website. The purpose of the purchase was to Restart RES with its previous or better format. With the same or academic requirements for students. Thereby ensuring no further devaluation of the degree for graduated students and the project itself for all the volunteers.
