IKEA sees rising demand for solar panels in Sweden due to tax incentive


  • World
  • Friday, 29 Jan 2021

STOCKHOLM, Jan. 28 (Xinhua) -- Home furnishing giant IKEA predicted that the demand for domestic solar panels will increase dramatically in Sweden due to a tax incentive introduced at the turn of the year.

"We believe it [the new incentive] will accelerate the boom for solar that has already been in full swing for a couple of years," Jonas Carlehed, head of sustainability at IKEA Sweden, told business daily Dagens Industri.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Haiti blasts Macron's criticism of transition council as 'unfriendly and inappropriate'
Cote d'Ivoire, EU sign new fishing agreement
North Korea's Kim accuses US of stoking tension, warns of nuclear war
Canada to give holiday tax break for groceries
U.S. stocks close higher
Slovak PM shooting suspect faces prolonged custody
Gas Leak prompts evacuation of 150 people in Prague
Nations strive for climate funding consensus as COP29 deadline nears
Biden's shift on missiles for Ukraine informed by North Korean troops in Kursk, Trump's election victory
Wall Street top regulator to leave SEC when Trump takes office

Others Also Read