Apple increases its China Clean Energy Fund by$ 99 million.

Apple aims to encourage the use of renewable energy in China. Image payment: Apple
In order to boost China’s clean energy creation, Apple has launched a second stage of its investment strategy. The China Clean Energy Fund was initially announced by Apple in 2018 with the number 13; It committed to investing$ 300 million in a partnership with 12 of its manufacturers to connect Chinese companies to renewable energy sources. Our suppliers in China are promoting world-class advancement in the fields of intelligent manufacturing and green manufacturing, according to Jeff Williams, Apple’s Chief Operating Officer, in a statement posted on the company’s Chinese website ( in translation ). With the release of the second phase of the China Clean Energy Fund, we are honored to strengthen our relationships with vendors in China. The goal is to increase as more buyers become interested in the portfolio. 13 / 2024- By the time the fund’s initial phase was operational, more than 1 gigawatt of solar and wind jobs were being built in 14 of China’s 23 major regions. 13 / 13 / The job is a part of Apple’s stated goal of being completely carbon neutral by 2030. Apple claims that around two-thirds of its creation in China is currently powered by solar energy. Apple has never disclosed which lover manufacturers are involved in this next stage of the fund. In 2018, the first 12 were: &# 13, Catcher Technology
Compal Electronics
Corning Incorporated
Golden dart
Jabil
Luxshare-ICT
Pegatron
River
Sunway Communications
Wistron
Luxshare has a lot interest in Pegatron’s China-based phone manufacturing facility since 2018. Additionally, Luxshare has purchased two Wistron companies in China. In the same vein, Catcher Technology later sold its important Chinese services to Lens Technology in 2020. &# 13, Overall, Apple’s efforts to become carbon neutral have been recognized for their work in the field, and Lisa Jackson of the company has received an award. Additionally, Apple has consistently received glowing reviews from Greenpeace for its climate efforts. &# 13, Apple was criticized for introducing the Apple Watch Series 9 as the company’s first carbon-neutral product following its 2023″ Wonderlust” event. The announcement was described as being” climate-washing,” according to a Chinese environmental research group. 

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