Apple and 10 of its suppliers in China have said they will invest $300m to develop 1 GW of renewable energy by 2022, through their China Clean Energy Fund. Along with a 38 MW farm in bordering Hubei province developed by Fenghua Energy Investment Group Co., Ltd., these three clean energy projects are the first investments of the China Clean Energy Fund. Their first investment has been in three wind power schemes, two of 48 MW and one of 38 MW. The Chinese government is also investing heavily into clean energy. Globally, 44 Apple suppliers in 16 countries have pledged to use 100% renewable energy in their work for the company, representing 4 GW, by 2020.
Apple and 10 of its suppliers in China have said they will invest $300m to develop 1 GW of renewable energy by 2022, through their China Clean Energy Fund. Their first investment has been in three wind power schemes, two of 48 MW and one of 38 MW. The Chinese government is also investing heavily into clean energy. Globally, 44 Apple suppliers in 16 countries have pledged to use 100% renewable energy in their work for the company, representing 4 GW, by 2020.