GREEN
09/11/2008 05:12 am ET | Updated May 25, 2011

IKEA To Sell Solar Panels

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.

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