Apple Powers Up: 650 MW of Renewables in Europe and a $150M Green Push in China
Apple’s Green Surge: 650 MW in Europe and $150M for China
Apple is accelerating its renewable energy strategy, announcing a significant expansion of 650 megawatts (MW) of clean power across Europe and a $150 million investment in China to support its suppliers’ transition to renewable energy sources. This move aligns with Apple’s commitment to achieving carbon neutrality by 2030.
European Expansion: Solar and Wind Projects
In Europe, Apple has secured contracts for renewable energy projects in several countries:
- Greece and Latvia: 110 MW solar farms in each country.
- Spain: 131 MW solar capacity.
- Poland: 40 MW solar project.
- Romania: 99 MW wind farm.
- Italy: A portion of a 129 MW solar-wind hybrid project.
These projects are expected to offset the energy consumption of Apple products used by European customers, which accounts for nearly one-third of the company’s carbon footprint.
China Investment: Supporting Supplier Transition
In China, Apple plans to invest $150 million to help its suppliers transition to renewable energy. Currently, over 90% of Apple’s manufacturing and production in China is powered by renewable sources. This investment aims to further reduce the carbon footprint of Apple’s supply chain.
Strategic Implications
Apple’s renewable energy initiatives are not just about sustainability; they also make economic sense. Solar and wind energy are among the most cost-effective forms of new generating capacity, often undercutting coal and natural gas. Additionally, these projects can be completed relatively quickly, providing a reliable power source for Apple’s data centers and AI operations.
By investing in renewable energy, Apple is setting a benchmark for other tech companies, demonstrating that environmental responsibility can go hand-in-hand with business growth.
Glossary
- Megawatt (MW): A unit of power equal to one million watts.
- Carbon Neutrality: Achieving a net-zero carbon footprint by balancing emitted carbon with an equivalent amount offset or sequestered.
- Power Purchase Agreement (PPA): A contract between a power producer and a buyer to purchase electricity at a predetermined price.
For more details, read the full article here: Apple adds 650 megawatts of renewables in Europe with more coming in China
