IKEA, the world’s biggest furniture and home retailer, says the opening of a new wind farm in Sweden has made it energy independent in the Nordic region.

The global furniture giant says it wants to be energy independent — by which it means producing more energy from renewable sources than is consumed in its buildings — worldwide by 2020.

IKEA has opened a new wind farm in Glötesvålen, Sweden which it says means has now reached that goal in the combined Nordic countries of Sweden, Norway, Finland and Denmark.

It became energy independent in Canada last year and it says operations in both Poland and the US could be next with wind farms under construction.

IKEA Group has now committed to own and operate 314 wind turbines in nine countries — including the UK and Ireland — and has installed 700,000 solar panels on it buildings. The company aims to have invested and committed to invest €1.5bn in wind and solar power by the end of 2015.

Steve Howard, chief sustainability officer for the IKEA Group, said: “At IKEA, we invest into renewable energy because it is the right thing to do for people, the planet and for the future of our business. Achieving energy independence in the Nordic countries is a big step towards our goal to produce as much renewable energy as all the energy we use globally by 2020.”