Will Apple invest in Australian renewables?
Apple believes the next decade will be critical for companies and policymakers to invest in renewables in the global fight against climate change.
Apple plans to invest in renewable energy projects in Australia to ensure they eliminate their carbon footprint by 2030.
The company believes the next decade will be critical for companies and policymakers in the global fight against climate change.
Apple is committed to becoming carbon neutral across its entire business and supply chain, including Australia. Investing in renewable energy projects in Australia including solar and solar batteries will help achieve their goal to reduce harmful emissions from dirty fuels.
Companies no longer need to choose between running a successful business and taking care of the planet. More and more enterprises are realising that investing in sustainability, environment and energy use generates higher returns.
Apple Park 100 percent solar powered
Apple’s headquarters in Cupertino is now the largest LEED Platinum-certified office building in North America. It’s powered by 100 percent renewable energy from multiple sources, including a 17-megawatt onsite rooftop solar installation that rings the enormous circular roof and a microgrid with battery storage. Apple gives clean energy back to the public grid during periods of lower occupancy over holidays and weekends.
Apple’s giant data centre in Nevada is one of the largest in the world. Kilometer-long buildings house more than 200,000 servers hosting and delivering iCloud, Apple Music, Apple TV, Apple Pay and other Apple online services at lightning speeds.
Powering all these machines, and keeping them cool, takes a lot of power – constant, uninterrupted, redundant power. That means 100 percent renewable power from three different Apple solar farms.
Apple’s achievement involves financing, building, or locating new renewable energy sources, such as solar and wind farms. Apple now have more than 25 operational renewable energy projects in 11 countries.
Apple partners for renewable energy
More than 110 of their manufacturing partners around the world are moving to 100 percent renewable energy for their Apple production, with nearly 8 gigawatts of planned clean energy set to come online. This eliminates more than 15 million metric tons of CO2e annually — the equivalent of taking 3.4 million cars off the road each year.
The company acts as a catalyst, working with local utilities and regulators to build new solar or wind farms that pump new renewable power onto the public grid. This allows the clean energy market to grow around these initiatives.
Apple likes to partner with a local utility or independent green power provider which understands the power market and knows how to do things like balancing power loads against supply.
Now that renewable energies are more mainstream with lower costs, local utilities, developers, and renewable energy companies are willing to take on greater roles and risk in building new energy projects.
Apple’s main role is often to commit to buying the power for periods up to 20 years. Not only does that commitment help the developers of the green energy projects secure financing, but it also gives Apple low and predictable energy rates for years into the future.
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