Apple Invests in Clean Energy in China

Ten Suppliers Will Jointly Invest in Climate Change Solutions in China

Apple has announced a new first-of-its-kind investment fund in China to connect suppliers with renewable energy sources last week. As part of Apple’s commitment to address climate change and increase the use of renewable energy within its supply chain, 10 initial suppliers and Apple will jointly invest nearly $300 million over the next four years into the China Clean Energy Fund. The fund will invest in and develop clean energy projects totaling more than 1 gigawatt of renewable energy in China, the equivalent of powering nearly 1 million homes. ”At Apple, we are proud to join with companies that are stepping up to address the climate challenge,” said Lisa Jackson, Apple’s... ... More: Official Press Release Apple

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Apple, supplier, China, clean energy investment fund, renewable energy