The solar facility, located in the Muntenia region near Butimanu, is one of Romania’s largest renewable energy projects. Ingka Investments plans to invest over $216 million into the development, with completion anticipated by the end of 2025. Once operational, the project is expected to generate enough energy to power approximately 170,000 households annually, significantly contributing to Romania’s energy transition and reducing its reliance on fossil fuels.

In addition to the solar project, Ingka Investments operates nine wind farms across Romania, totaling 171 MW of capacity. Together, these renewable assets provide a diversified energy portfolio that supports the country’s clean energy objectives.

The new solar power initiative will not only bolster IKEA’s renewable footprint but also enhance local supply chains by supplying renewable energy to a broader range of local suppliers. This localized production is vital for reducing the carbon footprint across IKEA’s extended value chain.

Amid these developments, IKEA remains committed to responsible forest management in Romania, where it is the largest private forest owner. However, concerns persist regarding timber sourcing practices, prompting calls for enhanced monitoring to protect biodiversity.

Overall, Ingka’s investments in Romania are part of a larger strategy to bolster sustainability across its global operations, reflecting a commitment to addressing climate change through renewable energy initiatives.

Source: environmentenergyleader.com