IKEA plans to pour $77 million into clean-technology start-ups within the next five years and could add “green” goods such as solar panels to its inventory, according to Cleantech Group. The four-person, 50 million euro IKEA GreenTech fund has been operating for eight months, the report said. And it could invest in up to 10 fledgling companies in the next few years, perhaps first in Europe, where IKEA rings up about 82 percent of its sales.
Efforts to commercialize new and affordable green technologies within several years could lead to IKEA selling the resulting products among its growing collection of stores, currently 283 in more than 30 nations. The goods reportedly would relate to energy in the form of solar panels, efficiency meters, and lighting; as well as more sustainable materials, and water treatment and conservation.
