CORRECTING and REPLACING Future IKEA Live Oak to be equipped with solar rooftop array and EV charging stations
November 14 2018 - 4:12PM
Business Wire
Reissuing release dated November 13, 2018 to correct ticker
symbol for searching purposes and to replace fourth paragraph.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20181113006161/en/
Future IKEA Live Oak to be equipped with
solar rooftop array and EV charging stations (Photo: Business
Wire)
The corrected release reads:
FUTURE IKEA LIVE OAK TO BE EQUIPPED WITH SOLAR ROOFTOP ARRAY
AND EV CHARGING STATIONS
IKEA, the world’s leading home furnishings retailer, today
announced that its future San Antonio-area store will be equipped
with solar panels and electric vehicle (EV) charging stations when
it opens Winter 2019 in Live Oak, TX.
IKEA Live Oak will feature a 245,000-square-foot solar array,
which will consist of a 1.72 MW system, built with 4,986 panels,
and produce approximately 2,510,000 kWh of electricity annually for
the store, the equivalent of reducing 1,86 metric tons of carbon
dioxide (CO2) – equal to the emissions of 400 cars or providing
electricity for 280 homes yearly (calculating clean energy
equivalents at
www.epa.gov/energy/greenhouse-gas-equivalencies-calculator).
For the development, design and installation of the new store’s
solar power system, IKEA selected REC Solar, a national leader in
solar electric design and installation with more than 580 systems
built across the U.S.
In addition, the store will have three Blink® electric
vehicle charging stations. This initiative reflects the continued
partnership between IKEA and Blink Charging Co. (NASDAQ:BLNK,
BLNKW) a leading owner, operator and provider of electric vehicle
(EV) charging station products and networked EV charging services
with thousands of public charging stations in the U.S. There are
currently Blink EV charging units at 34 IKEA stores in the U.S.
“We are excited to further our sustainability commitment with
the installation of solar panels and electric vehicle charging
stations at the future Live Oak store,” said Lars Petersson, IKEA
U.S. president. “At IKEA, we have a mission to create a better
everyday life for the many, and IKEA Live Oak can add to this goal
by installing the second-largest solar rooftop array in the San
Antonio area.”
This installation will represent the 55th solar project for
IKEA in the U.S., and contribute to the company’s solar presence
atop nearly 90% of its U.S. locations, with a total generation of
more than 56 MW. IKEA owns and operates each of its solar PV energy
systems atop its buildings – as opposed to a solar lease or PPA
(power purchase agreement) – and globally has allocated $2.5
billion to invest in renewable energy through 2020, reinforcing its
confidence and investment in solar photovoltaic technology.
Consistent with the goal of being energy independent by 2020, IKEA
has installed more than 750,000 solar panels on buildings across
the world and owns approximately 441 wind turbines, including 104
in the U.S.
To charge an EV at the future IKEA Live Oak, drivers can tap
their Blink InCard (RFID card) to the reader below the screen,
initiate the session directly from the Blink Mobile application, or
use a guest code provided via the Blink Mobile
app, www.BlinkCode.com, or Blink Customer Support
(888-998-2546). Once the session is initiated, drivers can shop and
eat at their leisure in the IKEA store while their vehicle is
charging. EV drivers can become a Blink member for free and
typically receive discounted charging fees at thousands of Blink
units. More information about how to use the Blink EV charging
stations and how to become a Blink Member is available
at blinknetwork.com.
Drawing from its Swedish heritage and respect of nature, IKEA
believes it can do good business while minimizing impacts on the
environment. Globally, IKEA evaluates locations regularly for
conservation opportunities, integrates innovative materials into
product design, works to maintain sustainable resources, and
flat-packs goods for efficient distribution. Specific U.S.
sustainability efforts include: recycling waste material;
incorporating environmental measures into the actual buildings with
energy-efficient HVAC and lighting systems, recycled construction
materials, skylights in warehouse areas, and water-conserving
restrooms; and operationally, eliminating plastic bags from the
check-out process, and selling only LED bulbs.
The 289,000-square-foot future IKEA Live Oak store will reflect
the same unique architectural design for which IKEA stores are
known worldwide. It will be built on 31 acres at the southwest
corner of Interstate 35 and Loop 1604, approximately 15 miles
northeast of downtown San Antonio. The future IKEA Live Oak will
feature nearly 10,000 exclusively designed items, multiple
inspirational room-settings, three model home interiors, a
supervised children’s play area, and a restaurant serving Swedish
specialties such as meatballs with lingonberries and salmon plates,
as well as American dishes.
About IKEA
Since its 1943 founding in Sweden, IKEA has offered home
furnishings of good design and function at low prices. The IKEA
Group operates 367 IKEA stores in 30 countries, including 48 in the
U.S. IKEA incorporates sustainability into day-to-day business and
supports initiatives that benefit children and the environment. For
more information,
see IKEA-USA.com, @IKEAUSANews, @IKEAUSA or
IKEAUSA
on Facebook, YouTube, Instagram and Pinterest.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20181113006161/en/
For IKEAVictoria Peris,
305-347-4343victoria.peris@bcw-global.com
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