Apple has partnered with German asset manager DWS Group to launch the China Clean Energy Fund, which aims to invest up to $300m in developing 1 GW of renewable energy. Over four years, the fund aims to bring together suppliers and renewable energy resources, with Catcher Technology, Sunway Communication, Wistron and Jabil among the initial participants. More and more suppliers are now starting to follow suit. The fund, which will be managed by a consortium including CATL, is expected to raise around $200m from investors over its first three years.
Apple has partnered with German asset manager DWS Group to launch the China Clean Energy Fund, which aims to invest up to $300m in developing 1 GW of renewable energy. Over four years, the fund aims to bring together suppliers and renewable energy resources, with Catcher Technology, Sunway Communication, Wistron and Jabil among the initial participants. The fund, which will be managed by a consortium including CATL, is expected to raise around $200m from investors over its first three years.