24 Nov '14, 3pm

IKEA makes its largest wind farm investment to date

IKEA makes its largest wind farm investment to date

The IKEA Group has announced the purchase of its second wind farm in the US from Apex Clean Energy. The 165 MW Cameron Wind Farm in Texas is the single largest global renewable energy investment made by the company to date and will contribute significantly to the group’s 2020 goal of producing as much renewable energy as the total energy the company consumes worldwide. It is expected to be fully operational in late 2015. Earlier this year, IKEA announced its first wind farm purchase in Hoopeston, Illinois. The Cameron wind farm will be one and a half times the size of the Hoopeston project. Together, the two wind farms are expected to generate nearly 1,000 gigawatt hours of electricity per year, equivalent to the average annual electricity consumption of around 90,000 American households. “IKEA believes that the climate challenge requires bold commitment and action" said R...

Full article: http://www.renewableenergymagazine.com/article/ikea-makes...

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