Apple today announced it has committed up to 720 million yuan (nearly $100 million) towards accelerating the development of clean energy sources in China, as part of the company’s goal of transitioning its supply chain to 100% renewable energy by 2030.
The investment will go towards the second phase of the China Clean Energy Fund, which aims to add approximately 550,000 megawatt-hours of wind and solar capacity to China’s grid each year, according to Apple. The first phase added more than a gigawatt of new wind and solar projects across the country, the company said.
Källa: Apple Announces Next Step Towards Achieving 2030 Environmental Goal