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Stock impact report

Apple announces $300 million clean energy fund in China [CNBC]

Corning Incorporated (GLW) 
Last corning incorporated earnings: 4/28 07:15 am Check Earnings Report
Company Research Source: CNBC
Zhang Peng | LightRocket | Getty Images An Apple store in Hangzhou, China. Apple in partnership with several of its suppliers announced on Thursday a $300 million fund for investing in renewable energy projects in China. The China Clean Energy Fund aims to produce at least 1 gigawatt of energy — or enough to power about 1 million homes — through fully renewable means over the next four years. Renewable energy has long been part of Apple's corporate DNA. As far back as a decade ago, Apple was already scoping out renewable energy sources for its North Carolina data center. The company commissioned a Bay Area solar contractor build a dedicated solar energy facility for the center, and ended up with three local solar farms and a bio-gas fuel-cell for the data center, Fast Company reported . In April it debuted Daisy the recycling robot , which dissembles old iPhones, and announced that its global facilities across 43 countries are powered by Show less Read more
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