Apple Fund has invested in three new wind farms in China. The hills of the poor Dao County now look incredibly stunning, as there are dozens of wind turbines settled along its horizon line.
Unlike fossil fuels, wind energy is practically inexhaustible, accessible, and more environmentally friendly. However, wind farm construction is rather difficult, both technically and economically.
Concord New Energy Group was the company to build new wind farms. What strikes the most is that each wind farm generates 48 megawatts (MW) of clean energy.
The China Clean Energy Fund was launched only a year ago and during this time managed to attract many investors such as, for instance, Apple. Apple and ten of its Chinese suppliers plan to invest nearly 300 million dollars into projects totaling one gigawatt of renewable energy by 2020.
Thanks to the wind parks, the suppliers will be able to implement new renewable energy projects. Three of these wind parks already provide 10% of the total planned electricity generation.
To see these projects completed and already supplying clean energy to the grid is really exciting,” said Lisa Jackson, Apple’s vice president of Environment, Policy and Social Initiatives. “We are proud that suppliers participating in the fund share our commitment to supporting innovative energy solutions, cutting emissions and fighting climate change.
Apple has set a goal to switch to the clean energy entirely in the production of its devices. By 2020, Apple and its suppliers will produce more than four gigawatts of clean energy, which is more than a third of the electricity needed for Apple’s suppliers and manufacturers.