Ingka Investments, the investment arm of Ingka Group, makes a €2 million investment in the Swedish innovation company GREEN14. The cooperation aims to support more sustainable silicon production and ensure the supply of critical raw materials needed for a renewable future. The investment will support GREEN14’s ongoing development of its pilot facility and accelerate the scaling of its hydrogen plasma technology which transforms quartz into high-purity silicon with significantly lower emissions compared to traditional methods. This new approach has the potential to transform silicon production, a key component in solar…
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Ingka Investments makes EUR 340 million investment in nine solar PV park projects in Europe as part of its commitment towards a renewable energy future
Ingka Investments, the investment arm of Ingka Group, acquires nine solar PV park projects in Germany and Spain from solar PV developer, ENERPARC. The total investment in the solar PV development portfolio will amount to approximately EUR 340 million. The expected energy capacity of the solar PV parks equals 300 megawatts in Germany across four solar PV development projects and 140 megawatts in Spain across five solar PV development projects. The expected production of the solar PV parks in Germany and Spain is equivalent to the electricity consumption of roughly…
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