Monday, August 12 17:07:38
IKEA Ireland Ltd today announced that it is investing in the purchase of a new wind farm located in Carrickeeny, North- West Leitrim.
It is buying the windfarm from global wind and solar company, Mainstream Renewable Power.
The electricity generated from the wind farm will be used to supply its Dublin and Belfast stores, becoming one of the first corporate businesses in Ireland to operate a wind farm in this way.
The Irish Wind Energy Association (IWEA), the national body representing the wind energy sector in Ireland, today welcomed the announcement from IKEA that it is investing in the purchase of a new wind farm located in Carrickeeny, North- West Leitrim to be used to power both its Belfast and Dublin stores.
Speaking following confirmation of the deal IWEA Chief Executive Kenneth Matthews noted "IKEA's decision to invest directly in wind energy is a first for Ireland, and highlights the increasingly critical role access to clean, renewable energy is playing in future business and sustainability strategies of leading multi-nationals. The ready availability of renewable energy, and particularly wind power, will play an important role in any future foreign direct investment decision, and Ireland is perfectly positioned to take advantage."
"We would expect to see more activity of this nature as companies recognise we all have responsibility to commit to a more sustainable future which can bring with it a more secure, affordable, stable renewable electricity source to facilitate commercial success. IWEA welcomes the decisive proactive leadership taken by IKEA in Ireland today and call on other companies to follow suit and place sustainability at the forefront of it's business planning."