Apple Enterprises Establishes $ 300 Million Fund for Clean Energy Investments in China



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Apple creates a fund clean energy of $ 300 million in China with 10 of its suppliers. This extends the technology giant's commitment to a country at a time when growing trade tensions between the United States and the largest foreign market are increasing. Part of the partners of the China Clean Energy Fund is one of the largest suppliers to the US company – Pegatron, Wistron and Jabil, according to the Financial Times . The fund aims to direct investments towards renewable energy sources as part of Apple's campaign to "clean up" its supply chain

The Ambitions

The fund will be managed by DWS Group, a subsidiary of Deutsche Bank. invest in that. The quadrennial plan is to make clean energy projects representing more than one gigawatt of renewable energy sources financial resources in . These investments will be used to equip the 10 participating suppliers to bademble the iPhone

with the help of the former director to A Merida Environmental Protection Agency Jackson has set ambitious long-term goals to reduce the impact on the environment. Last year, the company announced that it hoped someday to produce all of its appliances entirely from recycled materials and to fully dig the soil, "though that is not the case.

Apple is already investing in wind and solar projects in the US states of Oregon, Nevada and Iowa, as well as in Japan and China Earlier this year the company said that its facilities were powered by "100% pure energy".

However, the new plans Include Data Centers and Retailers of Apple while Third Party Manufacturers That Generate Much Higher Emissions to Produce Devices such as Apple Apple including Corning in the United States, Compal and Catcher t Taiwanese, said in the new Chinese Fund for clean energy. Foxconn, the largest supplier of Apple, is not yet among the participants

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