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AppleLaunches

Apple launches $300 million renewable energy fund in China

Apple launches $300 million renewable energy fund in China

Apple said yesterday that it’s joining with 10 suppliers to launch a new $300 million “China Clean Energy Fund” to enable its large supplier network there to expand renewable power use.

Why it matters: Corporate sourcing is increasingly a driver of renewable power deployment, and Apple’s move show how it can evolve to fold in supply chains too.

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