Latest news with #solarparks
Wall Street Journal
2 days ago
- Business
- Wall Street Journal
IKEA Store Owner Ingka Group Buys Dutch Solar Farms
STOCKHOLM–Ingka Group, which owns most IKEA stores globally, bought a portfolio of solar parks in the Netherlands from Swiss-based infrastructure investment manager Susi Partners. The acquisition was made by the company's Ingka Investments investment arm and adds three solar parks with a capacity of 76.3 megawatts to its portfolio of renewable assets. Together, the solar parks generate enough energy for more than 24,000 Dutch households.
Bloomberg
26-05-2025
- Business
- Bloomberg
European Solar Profits Tumble to Record Low on Long Sunny Spring
Profits at Europe's solar parks have sunk to record lows, raising concerns that the more the industry expands, the farther prices will fall. The figures are most stark in Spain, where the so-called capture rate, a key measure of profitability for renewable energy assets, has averaged just 7% so far this month, according to data from London Stock Exchange Group Plc. That's down from 43% a year ago.
