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From Home Furnishing Business

Ikea Hits 37% Renewable Energy Use

Home furnishings retailer Ikea's recent purchase of a wind farm in Alberta, Canada, will allow the company to meet 37% of its energy consumption globally.

With the new purchase of a 46-megawatt wind farm in Alberta, Canada, home furnishings giant IKEA will be producing enough renewable energy to meet 37% of its energy consumption globally. The company is planning for 100% renewable energy worldwide by 2020, so it’s well on its way to that goal.

The new wind farm is currently being built, and is expected to be operating by 2014. The electricity produced will be about enough to power 32 IKEA stores, and amounts to 60% of IKEA electricity consumption in North America.

With this new addition to its renewable energy portfolio, IKEA will have a total of 157 wind turbines worldwide. So far, the company has invested in wind turbines in Sweden, Denmark, Germany, France, Poland, the UK, and Ireland.

 

Read Entire Story Source: The 9 Billion 



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