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Solar panels for IKEA’s buildings in China

IKEA To Use Solar Power on Buildings in China, Market Watch, June 12, 2012, IKEA Group partners with Hanergy to install solar panels on IKEA buildings  BEIJING, Jun 12, 2012 (BUSINESS WIRE) — IKEA Group today announced that, as part of its goal to only use renewable energy to power its buildings, it will partner with Hanergy, one of China’s leading clean energy companies, to install solar photovoltaic panels on IKEA owned buildings in China.

Once complete, the solar panels will
provide both 10-15 percent of all electricity needed to run IKEA
stores and 100 percent of the electricity needs of IKEA distribution
centres in China, saving around 6,000 tonnes of CO2 each year. In
addition to helping to power IKEA operations in China, the project is
also being extended to the company’s suppliers in China. The solar
panels will be manufactured and installed by Hanergy over the next
three years……
More than half of the energy needed to power IKEA buildings around the
world currently comes from renewable sources — primarily solar and
wind power. There are now over 250,000 solar panels on IKEA buildings
and it owns and operates around 80 wind turbines. IKEA Group has
allocated Euro 470 million to invest in renewable energy, including
the solar project in China and other investments that will be
installed over the next three years….
In addition to using renewable energy, IKEA is also continuing to use
less energy by improving the efficiency of its stores. During its last
financial year (FY11), the energy consumption of IKEA stores reduced 4
percent(1), mainly through store equipment improvements (heating,
ventilation, air conditioning (HVAC) systems and smarter use of
commercial lighting). This helped IKEA to save Euro 6.2 million during
the year, further demonstrating how sustainability improvements can
deliver strong business benefits…..
http://www.marketwatch.com/story/ikea-to-use-solar-power-on-buildings-in-china-2012-06-12

June 13, 2012 - Posted by Christina Macpherson | China, decentralised