IKEA

Mainstream Renewable Power has closed a deal to sell its 46-MW Oldman 2 Wind Farm, located in Alberta Canada, to IKEA. Mainstream has commenced construction of the project at a cost of approximately CAD$90m and it is expected to be operational in the autumn of 2014 at which point IKEA will purchase the plant. As part of the deal Mainstream will continue to operate and maintain the wind farm on behalf of IKEA for its lifespan.

Mainstream Renewable Power closed a deal to sell its 7.65-MW Carrickeeny Wind Farm to IKEA. Mainstream has commenced construction of the project which is located in Leitrim in the North West of Ireland and it is expected to be operational in early 2014 at which point IKEA will purchase the plant. As part of the deal Mainstream will continue operate and maintain the wind farm on behalf of IKEA for its 20-year lifespan. This acquisition will increase the total number of wind turbines that the IKEA Group has committed to owning and operating to 137.

IKEA extended its partnership with ECOtality with plans to add 24 Blink electric vehicle charging stations across eight more locations in the United States. The newly designated sites include seven stores in Illinois, Georgia, Pennsylvania and Texas, as well as the U.S. corporate office. Installation will be completed by end of summer 2013 and will bring the total number of Blink charging stations at IKEA locations to 55.

IKEA officially plugged-in its solar energy system installed, developed and designed by REC Solar, at its store in Stoughton, Massachusetts. The 118,000-square-foot photovoltaic (PV) array consists of a 590.8-kW (DC) system, built with 4,220 laminated panels. IKEA owns and operates each of its solar PV energy systems atop its buildings – as opposed to a solar lease or PPA – and globally has allocated $1.8 billion to invest in renewable energy through 2015.