Stockholm-based GREEN14, a pioneer in sustainable silicon production, has received €2M in funding from Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer. Ingka Investments, as part of a €7.5B initiative for 100% renewable energy consumption, has committed €4.2B to wind and solar power projects, energy storage, hydrogen, and grid infrastructure. The investment with GREEN14 focuses on advancing greener silicon production using hydrogen plasma technology, essential for solar panels and other renewable energy technologies. This collaboration aims to ensure a stable supply of critical raw materials domestically, reducing Europe's reliance on imports and enhancing energy security. GREEN14's CEO highlights the importance of sustainable silicon production for climate ambitions. The funding will support the development of a pilot facility and scaling of hydrogen plasma technology. Ingka Investments sees this investment as a way to secure more sustainable silicon for solar panel sourcing, aligned with its focus on renewable energy and sustainability. The partnership signifies a step towards continuous innovation in the renewable energy sector, driving towards a more resource-efficient and sustainable future.