Farms.com Home   Ag Industry News

IKEA Canada Buys Industrial Wind Turbine Farm in Alberta

By Amanda Brodhagen, Farms.com

IKEA, the world’s largest furniture retailer continues expand into the wind business.

The company said Nov. 14, that it has agreed to buy a 20-industrial wind turbine farm in southern Alberta from Mainstream Renewable Power Ltd. The 20-turbine project is expected to generate about 161 gigawatt-hours of power yearly.

In August, IKEA bought a wind farm in Ireland. The company plans to invest about     U.S$2.4 billion in wind and solar by 2015. The retailer pledged to own about 157 wind turbines worldwide and to continue installing solar panels. Currently, IKEA has more than 500,000 solar panels on its businesses in nine countries. IKEA said it strives to be energy independent by 2020.

The Alberta wind project is expected to be operational by fall of 2014. About 16 wind farms are connected to Alberta’s electrical grid.
 


Trending Video

Farming Broke Me

Video: Farming Broke Me

I experienced a life-changing farm accident two months ago that not only tested me physically but also challenged me mentally in ways I never expected. In this video, I’m opening up about the injury, my journey to recovery, and how the farm has shaped me—both for better and for worse.