08 Aug '11, 12pm

IKEA Buys Scottish Wind Farm and Plans 39,000 Solar Panels in UK

IKEA Buys Scottish Wind Farm and Plans 39,000 Solar Panels in UK

IKEA, the world’s largest furniture retailer from Sweden, has set a goal to derive all of its energy from renewable sources, and it is now installing 39,000 solar panels on the rooftops of it’s stores in the United Kingdom to help achieve that goal. It also purchased a 12.3-MW (12,300-kW) wind farm in Huntly (in northeast Scotland) from Good Energies Capital Inc, according to the chief sustainability officer, Steve Howard. He said that is enough to cover 30% of IKEA’s UK electricity consumption. The 12.3-MW farm is only one of the wind farms owned by IKEA, which also has wind farms in Denmark, Germany, France, and elsewhere in the UK. Howard said that the benefit of generating a significant percentage of its own energy from solar and wind sources is that it helps to protect the company from energy price spikes that cost IKEA a whopping €1.2 billion euros ($1.7 billion USD)...

Full article: http://cleantechnica.com/2011/08/08/ikea-buys-scottish-wi...

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