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Ingka Group buys into two U.S. solar projects for IKEA stores

Ingka Group, the owner of 380 IKEA stores in 30 countries, finalized the takeover of two U.S. solar projects that have a total capacity of 403 MW.The deal was first set in motion in September 2019, when Ingka Investments agreed to acquire 49% stake in the two projects. The acquisition of the Utah pr Read More...

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IKEA Retailer Commits Extra 4 Billion Euro to RE Investments

The IKEA retailer Ingka Group announced April 20 that it will increase its renewable energy investments by 4 billion euro in support of its goal to use 100% renewable energy across its value chain.Inkga Group, the largest retailer in the IKEA network, has invested 2.5 billion euro in onsite and offs Read More...

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IKEA Plans Clean Electricity Subscription Service

IKEA will soon offer its Swedish customers access to wind and solar energy through an electricity subscription service.INGKA Group, the parent company of IKEA, announced Aug. 17 the new STRÖMMA program, a subscription service for electricity from its solar and wind generation sources available Read More...

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Ingka Group Adds Green Steel

Ingka Group, the largest IKEA retailer, announced it has signed an agreement for the delivery of green steel to be used in IKEA warehouse racking. The agreement with H2 Green Steel forms part of Ingka Group's  plan to reduce its climate footprint and will account for 50% of warehouse racki Read More...

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