Saturday, Mar 29 2025 | Time 00:13 Hrs(IST)
WorldPosted at: Mar 24 2025 10:54PM


Apple announces new clean energy fund in China

Beijing, Mar 24 (UNI) U.S. tech giant Apple on Monday said it will invest 720 million yuan (about 100.31 million U.S. dollars) to launch a new clean energy fund in China.
The investment fund seeks to add around 550,000 megawatt-hours of wind and solar energy generation capacity to China's power grid annually, with this figure expected to increase as more investors join in, the tech firm said in a statement.
Apple's suppliers in China are making world-class advances in smart and green manufacturing, Apple's Chief Operating Officer Jeff Williams was quoted as saying in the statement.
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