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IKEA Continues Renewable Energy Efforts

March 2012 - IKEA has installed a 1,196 kilowatt solar system that is expected to generate nearly 1.6 million kilowatt-hours of renewable electricity each year in College Park, Maryland. The College Park installation is the 15th completed solar energy project for IKEA in the U.S., with 22 additional solar projects underway. IKEA contracted with REC Solar for design and installation of the College Park system. This latest solar system contributes to IKEA's goal of increasing its total U.S. solar generation to 30.8 megawatts.

IKEA's renewable energy progress was further detailed with the release of the company's 2011 Sustainability Report, which highlighted the company's green power efforts. From September 2010 to August 2011 IKEA allocated about $670 million to be invested in renewable energy projects over the next 1.5 years. The report also highlighted the completion of a geothermal energy project at the company's Denver, Colorado store.

News Release - IKEA Powers-up Solar Energy Panels at College Park, MD Store

Additional Information - IKEA Marches Toward 100% Renewable Energy

Contact: Sharon Black, 301-446-6411

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