SunPower’s solar farms for Apple in China to quadruple power

“SunPower Corp. agreed to build three solar farms in China’s Inner Mongolia region with a capacity of 170 megawatts for Apple Inc., a sale that will more than quadruple the technology company’s commitments to pollution-free power in the country,” Chris Martin and Mark Chediak report for Bloomberg.

“When completed next year, panel manufacturer and developer SunPower, Tianjin Zhonghuan Semiconductor Co. and another partner will own the three plants, San Jose, California-based SunPower said in a regulatory filing Wednesday,” Martin and Chediak report. “While the third investor wasn’t identified in the statement, SunPower Chief Executive Officer Tom Werner said Wednesday that Apple would take an equity stake in the new projects.”

Read more in the full article here.

MacDailyNews Take: Anything that’s pollution-free, especially in China, is a good thing.

Apple expands renewable energy, new environmental initiatives in China – May 10, 2015
Apple invests in China solar project – April 16, 2015
Apple buying 36,000 acres of private forestland to be sustainably harvested and used in Apple packaging – April 16, 2015
How Apple is making money off of its landmark $850 million solar deal – March 27, 2015
Apple’s $850 million solar plant investment rockets it to first place among U.S. corporations – February 12, 2015
Apple to build new solar farm, and some greens hate it – February 11, 2015
Tim Cook: Apple to build $850 million solar farm – February 10, 2015


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