Apple invests in China's largest wind turbine maker
The deal marks Apple's largest clean energy project, according to Lisa Jackson, vice-president of environment, policy and social initiatives at Apple. Photograph: (AFP)
Apple Inc has invested in China's largest wind-turbine maker Goldwind Science & Technology Co Ltd, according to Mashable.
Apple has invested in four Chinese companies owned by Beijing Tianrun New Energy Investment, a subsidiary of Goldwind, Mashable reports.
The deal marks Apple's largest clean energy project, according to Lisa Jackson, vice-president of environment, policy and social initiatives at Apple.
The investment "will add 285 megawatts of clean energy to China's grid as part of Apple's commitment to reducing the carbon emissions from its manufacturing", Jackson told China Daily.
The subsidiaries are located in Henan, Shandong, Shanxi and Yunnan provinces, according to China Daily.
Apple now assumes 30 per cent of equity in these four subsidiaries.
In September, Apple had committed to use more renewable energy at its third-party suppliers.
The announcement further concretes Apple’s intention of reducing its reliance on non-renewable energy sources.