Apple’s China Clean Energy Fund Surpasses Goals with Over 1 Gigawatt of Renewable Projects

April 18, 2024 – Apple’s Managing Director for Greater China, Ge Yue, has announced that the China Clean Energy Fund has exceeded its targets, investing in the construction of over 1 gigawatt of wind and solar projects across China.

Ge expressed Apple’s pride in collaborating closely with its suppliers to accelerate the development of renewable energy in China through innovative methods. She highlighted that this achievement is a testament to the company’s commitment to sustainability and environmental responsibility.

In 2018, Apple took an innovative approach by utilizing the China Clean Energy Fund to assist 12 of its suppliers operating in China to access renewable energy resources. This initiative has now surpassed its goals, with investments in wind and solar projects across 14 provinces in China totaling over 1 gigawatt.

These projects are expected to generate over 2,400 gigawatt-hours of renewable energy annually, which is equivalent to the electricity consumption of 2.5 million people in China. To date, Apple’s global operations and manufacturing supply chain have utilized over 18 gigawatts of clean electricity, which is more than triple the amount used in 2020.

Looking ahead, Apple has set an ambitious 2030 goal to achieve carbon neutrality across its entire value chain. As part of this effort, the company is urging its global suppliers to adopt clean energy and ensure that all Apple-related operations are fully carbon neutral.

This announcement demonstrates Apple’s continued commitment to sustainability and its leadership in driving the transition to a cleaner, greener future.

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