Ingka Group, a holding company based in the Netherlands that owns and operates IKEA retail under franchise agreements with Inter IKEA Systems B.V., announced it has reached an agreement with Copenhagen Infrastructure Partners (CIP) to acquire a 49% stake in two solar PV projects in Utah and Texas. With a total of 403 megawatt capacity this development ranks among the larger Solar Photovoltaic (PV) projects in the United States.
IKEA U.S. announced on November 12 that it had completed the installation of llinois’ largest solar rooftop on its Midwest distribution center under construction in Joliet, IL. Combined with arrays atop the Chicago-area IKEA stores in Bolingbrook and Schaumburg, this third project will make IKEA the owner of three of the state’s largest solar rooftop installations.
IKEA, the world’s leading home furnishings retailer, today announced plans to install a solar energy system atop its Memphis store opening late Fall 2016. Panel installation will begin this summer, with completion expected in early Fall for what will be the largest rooftop solar array in the State of Tennessee. The 271,000 square-foot future IKEA Memphis, including approximately 800 parking spaces, will be built on 35 acres in the Wolfchase Corridor along the southwestern side of Interstate-40 near the Germantown Parkway exit.