Apple is investing another $99 million in renewable energy in China

Apple is investing another $99 million in renewable energy in China

Apple (AAPL) announced a new investment fund in China that will support its plans to transition to a 100% renewable energy supply chain by the end of the decade.Read more...

Apple launches new investment fund to accelerate clean energy in China

Apple launches second clean energy fund in China - DatacenterDynamics - WiredFocus

US technology provider and manufacturer Apple has launched a new clean energy fund in China. The fund is worth an estimated 720 million yuan ($99.26m), according to National Technology News, which first reported the story. It is the second clean energy fund the company has launched in the country. The fund will be managed by global investment firm Schroders and aims to support early-stage renewable energy projects. The fund has a goal of adding…

Apple to invest $99M for clean energy in China

Apple committed to investing up to CNY720 million ($99.2 million) for a new clean energy initiative in China in a bid to add about 550,000 megawatt hours of wind and solar capacity to the country’s power grid each year. The announcement yesterday (24 March) coincided with Apple CEO Tim Cook meeting with government officials in China, following US President Donald Trump administration imposing 20 per cent tariffs on all Chinese goods earlier this…

ESG News Recap: Apple Sets Up $99M Green Push Fund in China

Impakter Apple Launches $99M Clean Energy Fund in China Today’s ESG Updates Apple’s $99M Clean Energy Fund – Supports 100% renewable supply chain by 2030, boosting sustainability efforts. EU Backs Gaza Plan Strongly – Urges Palestinian Authority governance, warns of two-state threat, demands humanitarian aid. Social Bonds Surge Rapidly Worldwide – Issuance up 130% to $657B; strong ESG investment demand, supporting global initiatives. JPMorgan [……

Logon Opalesque Alternative Market Briefing

From Chinadaily: Apple Inc announced on Monday a new investment fund, with a pledge of 720 million yuan ($99.3 million), to expand clean energy production in China, reinforcing its commitment to transition its global supply chain to 100 percent renewable energy by 2030. The move is designed to laun... Article link