Apple Inc. is launching a $300 million partnership in China to bring renewable energy to the country, the company announced late Thursday. The China Clean…
Apple Inc. is launching a $300 million partnership in China to bring renewable energy to the country, the company announced late Thursday .
The China Clean Energy Fund, which Apples claims is a first-of-its-kind fund, will invest in clean energy projects throughout the country, with a goal of generating more than 1 gigawatt of renewable energy over four years, enough to power nearly 1 million homes.
China is the largest source of carbon pollution, and the investment is intended to help the country with its climate issues.
The partnership, led by Apple and 10 other suppliers, is part of the company’s push to proactively address climate change and increase the use of renewable energy within its supply chain.
