Archive · 31 Oct 2025
Ingka Investments Launches First Indian Solar Project in Rajasthan
IKEA's investment company is building a big solar power project in India.
This is the first time they've invested in renewable energy in India.
The project will make a lot of electricity from the sun, enough to power all of IKEA's stores and other buildings in India.
They are investing a lot of money in this and other clean energy projects in India.
Building this solar park will create jobs for people in the area.
IKEA wants to be a sustainable company and is working on using only clean energy for its business.
Ingka Investments has made its first renewable energy investment in India with a 210 MWp solar project in Bikaner, Rajasthan.
This project is part of Ingka Group's larger commitment of ₹10 billion towards renewable energy in India.
Construction is set to begin shortly, with operations expected to start in December 2026.
The solar park will produce an estimated 380 GWh of renewable energy annually, sufficient to power IKEA's Indian operations.
The investment includes a 100% stake, with ib vogt Solar India as the development, construction, and initial operations partner.
- Who
- Ingka Investments, the investment arm of Ingka Group
- What
- Launched its first 100% stake investment in a 210 MWp solar project.
- When
- Operations are scheduled to begin in December 2026.
- Where
- Bikaner, Rajasthan, India
- Why
- To power IKEA's retail and operational needs in India with renewable energy, contribute to a cleaner future, and advance the company's sustainability goals.
- Company
- Ingka Investments (Ingka Group)
- Project Type
- 210 MWp Solar Installation
- Location
- Bikaner, Rajasthan, India
- Investment Commitment
- ₹10 billion in renewable energy in India
- Initial Project Investment
- 100% stake in 210 MWp solar project
- Construction Start
- Shortly
- Operations Start
- December 2026
- Expected Annual Production
- 380 GWh
- Development Partner
- ib vogt Solar India
