Apple just inked its first power deal in China
The investments in wind turbines will produce an estimated 285MW of energy.
Quartz recently reported that Apple has invested in four subsidiaries of Goldwind, China’s largest wind-turbine manufacturer. Each 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. 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. The company hopes to direct the power toward manufacturers connected to Apple’s supply chain.
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