IKEA is putting its Hong Kong solar panels supplier Hanergy in the shade in favour of a new partner, the company has announced.

The retail giant had been piloting the sale of solar panels to consumers at its stores in three markets including the UK, Netherlands and Switzerland.

IKEA says the pilot has been successful, but that it was not renewing its contract with Hanergy, instead ending its agreement at the end of October.

Hanergy Thin Film Power Group Ltd has been the subject of an investigation by Hong Kong regulators since the spring, with the firm having seen its stock market value tumble and its shares subsequently suspended.

IKEA said it was looking into alternative solutions to continue selling solar panels but that Hanergy would not be its partner moving forward.

Separately, the retailer this week opened its first order and collect store in the UK, at the Sweet Briar Retail Park in Norwich.