Ingka Group, the largest IKEA retailer, has expanded an existing wind farm in Portugal by adding a solar park, creating a hybrid renewable energy project designed to increase clean power generation using the same grid infrastructure.
The wind park currently operates 25 turbines with a capacity of 50 MW and produces about 150 GWh of electricity annually. The newly added solar installation will generate an additional 83 GWh per year, raising total annual output from the site to around 233 GWh.
The hybrid project increases the grid connection’s capacity factor from 34% to 50% and better aligns power generation with the company’s peak daytime electricity demand.
Ingka Group said the development forms part of its wider renewable energy investment strategy. Through its investment arm, Ingka Investments, the company has already invested or committed around €4.3 billion in renewable energy projects, with plans to invest up to €7.5 billion by 2030.
Laia Andreu, Country Retail Manager and Chief Sustainability Officer of IKEA Portugal, said the project demonstrates the company’s commitment to climate action. She said the hybrid park is “a tangible example of how we are actively contributing to a low-carbon economy.”
Frederik de Jong, Head of Renewable Energy at Ingka Investments, said the project shows how existing infrastructure can be used more efficiently. He said the hybrid system “significantly increases energy output using existing infrastructure.”
Ingka Investments currently owns and operates 49 wind farms in 17 countries and 26 solar parks in nine countries, generating more than 5 TWh of electricity annually — equivalent to the yearly consumption of over 1.47 million European households.
