Ikea to Start Selling Solar Panels in Switzerland, Netherlands
Sept. 22 (Bloomberg) — Ikea Group, the biggest home- furnishing retailer, will start selling solar installations in Switzerland and seven more countries following the rollout of that strategy last year in its British stores.
The company, which sells solar panels at its 18 U.K. stores, will be offering the home systems in the Netherlands later next month and in Switzerland by the end of the year, it said today in a statement. Six other countries will follow over the next 18 months, it said without naming them.
Ikea has already committed 1.5 billion euros ($1.9 billion) in wind and solar plants for its operations as part of plans to source all of its energy from renewables by 2020. It started selling photovoltaic systems in the U.K. in July 2013 with Hanergy Solar Group Ltd., a partnership it’s now expanding.
To contact the reporter on this story: Marc Roca in London at mroca6@bloomberg.net To contact the editors responsible for this story: Reed Landberg at landberg@bloomberg.net Randall Hackley, Will Wade
