“Apple has invested in four subsidiaries of Goldwind, China’s largest wind-turbine manufacturer,” Josh Horwitz and Echo Huang report for Quartz. “ach branch is located in a different province—Henan, Shandong, Shanxi, and Yunnan—and Apple will take a 30% stake in each, according to a Dec. 7 statement from Goldwind (link in Chinese). The specific terms of the deal remain undisclosed.”
“Lisa Jackson, Apple’s vice president of environmental initiatives, told local media that the investments in wind turbines will collectively yield 285 megawatts of clean energy,” Horwitz and Huang report. “The company hopes to direct the power toward manufacturers connected to Apple’s supply chain.”
“This is not the first time Apple has invested in a renewable energy project in China. In June 2015 it launched a joint venture with California-based SunPower, a maker of solar panels, to build two solar projects totaling 40 MW in Sichuan, which it completed in October of that year,” Horwitz and Huang report. “Since much of Apple’s production occurs in China, investing in green energy initiatives helps it reduce the environmental impact of its manufacturing. It also aligns with the Chinese government’s initiatives.”
Read more in the full article here.
MacDailyNews Take: China. The land of pay for play. So, when can Apple start selling iPhone 6/Plus units, iBooks, and iTunes movies again, China?
SEE ALSO:
Apple developing wind power in China in exchange for Foxconn’s U.S. expansion? – December 8, 2016
Apple argues for China’s iPhone 6/Plus sales ban to be lifted – December 8, 2016
Apple CEO Cook ‘pretty confident’ of soon resuming movie and book sales in China – May 3, 2016
So does this earn any points for Apple in terms of diversifying, or will it just be ignored by Wall Street?
wind power is a joke, so no.
Someone should’ve told Google that because their building a 100+ megawatt wind turbine farm.
*they’re
You were right the first time: their
https://www.technologyreview.com/s/602468/the-one-and-only-texas-wind-boom/
Even if that’s true, if the company is profitable (and I have no idea if it is), that’s all that should matter in this case.
Apple is never perfect. But if only all companies were as responsible as Apple about their impact on the environment of miracle planet Earth, our only home.
Oh and if only my US government were as responsible as Apple! The government gears as locked in REVERSE at this point in time. Really sick and sad. The carbon fuel barons love it. My planet suffers for it.
then turn off your electricity.
then buy a bicycle.
then purchase no product made of plastic.
Actually, I’m planning on buying a solar panel system. The price has dropped $50 per solar panel just this year.
tell me how that works out after you get it installed.