Apple Invests ₹100 Crore in Renewable Energy Expansion in India
Apple to invest Rs 100 crore in India renewable energy expansion
The Economic Times
Image: The Economic Times
Apple has announced an initial investment of ₹100 crore (approximately $12 million USD) to develop over 150 megawatts of renewable energy capacity in India, partnering with CleanMax. This initiative aims to support India's clean energy economy and reduce plastic pollution through collaborations with organizations like WWF-India.
- 01Apple's investment will develop over 150 MW of renewable energy capacity.
- 02The initiative aims to power around 150,000 Indian households annually.
- 03Apple collaborates with CleanMax for renewable energy projects.
- 04The company is also focused on reducing plastic pollution through partnerships.
- 05Apple's efforts contribute to India's clean energy economy and sustainable development.
Advertisement
In-Article Ad
Apple has committed an initial investment of ₹100 crore (approximately $12 million USD) to enhance renewable energy infrastructure in India, aiming to develop over 150 megawatts of green energy capacity. This initiative, in collaboration with CleanMax, is expected to power around 150,000 households annually. Apple emphasizes its commitment to environmental sustainability as a catalyst for innovation, with plans to scale renewable energy across its supply chain in India. Additionally, the company is working with WWF-India to combat plastic pollution through recycling and waste management initiatives, expanding their efforts to regions like Coimbatore. This multifaceted approach underscores Apple's dedication to supporting India's clean energy economy and protecting its natural resources.
Advertisement
In-Article Ad
This investment will enhance renewable energy access for many households in India, contributing to lower energy costs and promoting sustainability.
Advertisement
In-Article Ad
Reader Poll
Do you support investments in renewable energy by major corporations?
Connecting to poll...
More about Apple
Read the original article
Visit the source for the complete story.