Apple launched a $ 300 million fund to bring clean energy to China



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Photo: courtesy of Apple

Apple announced on July 13 a unique investment fund in China to connect suppliers to energy sources renewable.

The company also announced that the 10 initial suppliers will jointly invest $ 300 million over the next four years in the China Clean Energy Fund

The fund will invest and develop clean energy projects totaling more than A gigawatt of renewable energy in China, equivalent to nearly one million homes. 19659004] "At Apple, we are proud to join the companies that are mobilizing to meet the climate challenge," said Lisa Jackson, vice president of environment, policy and social initiatives at Apple. . "We are delighted that so many of our suppliers are participating in the fund and hope that this model can be replicated globally to help businesses of all sizes have a significant positive impact on our planet. "

Through the intermediary of a third party, the DWS group, specializing in sustainable investments, will also invest in the fund.

The news follows Apple's announcement that its global facilities are 100% powered by clean energy and the launch of its Clean Energy Program provider in 2015.

Initial suppliers participating in the China Clean Energy Fund are:

  • Catcher Technology
  • Compal Electronics
  • Corning Incorporated
  • Golden Arrow
  • Jabil
  • Luxshare-ICT [19659010] Pegatron
  • Solvay
  • Communication Sunway [19659009] Wistron

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