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Research News: IT Green Power

IKEA to Grow Company's U.S. Solar Presence to 75% with Plans to Install Solar Panels on 10 Stores

Tuesday, December 06, 2011   (0 Comments)
Posted by: Eric Paul
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CONSHOHOCKEN, Pa., Dec. 06 /CSRwire/ - IKEA, the world’s leading home furnishings retailer, today announced plans to install solar energy panels on ten additional United States locations – its entire presence in the Southern U.S. Pending governmental permits, installation can begin this winter, with completion expected in Summer 2012. Collectively, the nine stores and one distribution center will total 10.7 Megawatts (MW) of solar generating capacity, nearly 45,360 panels, and a projected annual electricity output of 15,248,334 kilowatt hours (kWh).

This investment by IKEA reinforces the company’s long-term commitment to sustainability and confidence in photovoltaic (PV) technology. IKEA will own and operate each of its solar PV energy systems atop its buildings – as opposed to a solar lease or PPA (power purchase agreement) – now including its three Texas stores (Frisco, Houston and Round Rock), three Florida stores (Orlando, Sunrise and Tampa), three other stores (Atlanta and Charlotte, and in Woodbridge, VA), and the IKEA Distribution Center in Savannah, GA as listed below with approximate system statistics and corresponding clean energy equivalents (based on calculations

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