Friday, April 20th, 2018

What Apple’s $848 Million Solar Energy Deal Really Means

Apple is starting to out-Google Google when it comes to making splashy investments in renewable energy. Take Tuesday’s announcement that the company would spend nearly a billion dollars to buy 130 megawatts of electricity generated by the California Flats Solar Project under construction in Monterey County. The power plant will generate a total of 280 megawatts—enough to power about 100,000 homes—by deploying solar panels over 2,900 acres of former farmland. “We know at Apple that climate change is real,” Tim Cook said at a Goldman Sachs conference, according to The New York Times.

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