Ikea Group Corp is a multinational conglomerate based in the Netherlands that has made a name for itself as a leading developer of renewable energy projects. The company has invested heavily in solar and wind power, and has made significant strides in reducing its carbon footprint and promoting sustainable practices.

Ikea Group Corp was founded in 1943 by Ingvar Kamprad, a Swedish entrepreneur who started the company as a mail-order business selling household goods. Over the years, the company has grown to become one of the world's largest furniture retailers, with over 400 stores in 52 countries. However, in recent years, the company has shifted its focus towards sustainability and renewable energy, recognizing the urgent need to combat climate change.

One of the key areas of focus for Ikea Group Corp has been solar energy. The company has invested heavily in solar panels, installing them on the roofs of many of its stores and warehouses around the world. In 2019, the company announced that it had installed over 1 million solar panels on its buildings, generating over 500 GWh of renewable energy each year. This is equivalent to the energy consumption of over 65,000 households.

In addition to its own buildings, Ikea Group Corp has also invested in large-scale solar projects. In 2018, the company announced that it had acquired a 49% stake in a 165 MW solar project in Texas, which is expected to generate enough energy to power 45,000 homes. The company has also invested in solar projects in other parts of the world, including the UK, Poland, and Germany.

Another area of focus for Ikea Group Corp has been wind power. The company has invested in several large-scale wind projects, including a 46 MW wind farm in Finland and a 50 MW wind farm in Romania. In 2019, the company announced that it had acquired a 25% stake in a 402 MW wind farm in Texas, which is expected to generate enough energy to power 120,000 homes.

In addition to its own renewable energy projects, Ikea Group Corp has also been a vocal advocate for renewable energy and sustainable practices. The company has set ambitious targets for reducing its carbon footprint, with a goal of becoming carbon neutral by 2030. It has also been a vocal supporter of the Paris Agreement on climate change, and has called on governments and businesses around the world to take action to combat climate change.

Overall, Ikea Group Corp has emerged as a leader in the renewable energy sector, with a strong commitment to sustainability and a track record of investing in large-scale solar and wind projects. The company's efforts to reduce its carbon footprint and promote sustainable practices have earned it widespread recognition and praise, and it is likely to continue to play a key role in the transition to a low-carbon economy in the years to come.