IKEA aims to run India stores, shopping centres on renewable energy by 20252 min read 20 Apr 2021, 09:37 PM IST
India has tremendous renewable energy potential, said Peter Betzel, CEO and chief suitability officer, Ikea India
Recently, Ingka Group—that owns the bulk of IKEA stores worldwide—acquired a 49% stake in 8 solar PV parks in Russia
Furniture retailer IKEA plans to power its stores, warehouses and shopping centres entirely on renewable energy by 2025, even as Ingka Investments—the investment arm of parent Ingka Group—is considering India for investments in renewable energy plants, the company said on Tuesday.
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