IKEA Foundation and Rockefeller to Infuse $1 Billion into Global Electrification

The IKEA Foundation, a philanthropic organization formed by the founder of furniture giant IKEA, and The Rockefeller Foundation have set up a $1 billion platform to develop minigrids and other decentralized energy projects for the 3.6 billion people with unreliable electricity or none at all. Announced Monday, the program aims to reduce 1 … [Read more...]

IKEA to Build Large Solar Plus Storage Microgrid in Australia

Iconic retail giant IKEA is set to help power a microgrid initiative in South Australia. Part of a switch to 100% renewable energy, IKEA will tie in large-scale solar with storage capacity. IKEA’s Adelaide store will be powered with a 1.2 MW roof-top solar PV installation and 3.4 MWh of electricity storage, but the system will also support a … [Read more...]