by Apparel Resources News-Desk
18-November-2018 | 2 mins read
Sweden-based home furnishing giant, IKEA, has announced that its upcoming store at Live Oak Town Centre will feature solar panels and charging stations for electric vehicles when it will be inaugurated next year.
The new IKEA store will be spread across 289,000 sq. ft. With 4,986 solar panels which are expected to generate electricity in excess of 2,500,000 kWh on annual basis. IKEA authorized REC solar for design, installation and development of the whole set-up.
Lars Petersson, President, IKEA US spoke on the development and shared, “At IKEA, the company works to create a better everyday life for the many, and IKEA Live Oak can add to this goal by setting up the second-largest solar rooftop array in the San Antonio area.”
Notably, IKEA has been targeting to boost its sustainability approach and has assigned US $ 2.5 billion to invest in renewable energy through the next couple of years. Ikea has installed over 750,000 solar panels on buildings throughout the world and owns around 441 wind turbines, including 104 in America.
Furthermore, the Swedish retailer also marked its debut in India recently with its first store launch in Hyderabad. Taking its global expansion in consideration, the home furnishing manufacturer has previously stated that, it will launch 25 stores in India by 2025.
Reportedly, this installation will be the retailer’s 55th solar project in the country and it will contribute to 90 per cent of the company’s solar presence across its stores in America.
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