Farr, Christina, and Nichola Groom. “Apple Investing $850 Million in
California Solar farm.” Fortune Apple Investing 850 Million in
California Solarfarm Comments. Fortune, 10 Feb. 2015. Web. 20
Feb. 2015.
http://fortune.com/2015/02/10/apple-investing-850-million-in-california-solar-farm/
Apple stocks toped out over 700 billion for the first time ever; this momentous moment came with an impressive green energy statement as well. With the announcement that Apple would be receiving power for its new Head Quarters and for its other operations in California. This is an impressive benchmark, both for the sustainability of Apple’s system and for their company. The solar power station with be using solar panels built primarily in Arizona. The plant will also supply about 60,000 homes with solar power. This project will cost Apple 850,000,000 to complete and will cover approximately 2900 acres.
Thai is a huge step for Apple and California, Apple still no doubt uses highly polluting methods in their factories in China however and their actions could be seen as a smoke screen to try to divert attention from this fact. Whatever their reason this will hopefully encourage other large corporations to fund other projects similar to this one. Because even if they do not change the system by themselves they are, for all intents and purposes funding further development of solar technology. This is hugely important considering the need for funding that solar technology companies always have. If this investment spurs others to invest similarly then it is far and away one of the best things that could happen to the industry.
Wow, cool article and username! Do you think other companies will begin doing this after seeing the benefits?
I think that this is a giant step forward in corporations taking responsibility for their actions, and to offset their carbon emissions.
Really interesting reaction- is it a smoke screen? Great question to pose. In the end though, they will be offsetting a lot of fossil fuel use. One question- who are you Thoughtful Turtle? I want to give you credit.