Apple to Launch $300m China Clean Energy Fund
Apple to Launch $300m China Clean Energy Fund

Apple to Launch $300m China Clean Energy Fund

Apple to Launch $300m China Clean Energy Fund

Apple Inc will launch a $300 million clean energy fund in China, the firm said in a statement on Friday, working with its suppliers to invest in renewable energy projects that could power close to 1 million homes in the country. China’s government has made cutting pollution a key priority, putting pressure on local and international firms to help reduce high levels of smog in its major cities and clean up the country’s waterways and polluted soil, Reuters reported. The investment from the iPhone maker, which will be made along with 10 suppliers, including Pegatron Corp and Wistron Corp, over a four-year period, also comes as the United States and China lock horns over trade. Apple’s CEO Tim Cook earlier this year called for calm heads in Washington and Beijing, as the world’s two largest economies have veered toward a trade war and exchanged tit-for-tat tariffs on billions of dollars of goods. Apple has been making a broader push in renewable power.


Short URL : https://goo.gl/uWY71x
  1. https://goo.gl/ZfT6eA
  • https://goo.gl/7CE5Hm
  • https://goo.gl/9fnb9c
  • https://goo.gl/znT6VP
  • https://goo.gl/PJWh1p

You can also read ...

Vitol to Stop Business With Iran
Energy trader Vitol will stop doing business with Iran after...
Iran Hydropower Production Down 36%
The unprecedented decline in precipitation during the past...
Crude Prices at 4-Year High, Producers Resist Output Rise
Oil prices hit their highest since November 2014 on Tuesday,...
India Crude Demand to Grow - Photo: OilManMagazine
India’s crude oil demand is forecast to grow to 500 million...

Add new comment

Read our comment policy before posting your viewpoints