Quantcast
Environmental News for a Healthier Planet and Life

Tim Cook: New Solar Farm Will Be Apple's 'Biggest, Boldest and Most Ambitious Project Ever'

Business

Apple CEO Tim Cook announced yesterday that the company will partner with First Solar to build 1,300-acre, 280-megawatt solar energy farm in Monterey, California.

Apple already has three solar farms including this one in North Carolina. Photo credit: Apple

"We know at Apple that climate change is real, and our view is that the time for talk has passed and the time for action is now,” Cook told the audience at the Goldman Sachs Technology and Internet Conference in San Francisco as he announced what he called Apple's "biggest, boldest and most ambitious project ever."

He said the new development, which First Solar will build with a $850 million investment from Apple and their commitment to purchase the power generated, will generate enough electricity to power the equivalent of 60,000 homes. It will be able to provide renewable energy for Apple's new campus in Silicon Valley, all of its other California offices, all 52 of its retail stores in California and its data center in Newark. The work will begin in a few months and the farm should be operational in 2016.

"Apple is leading the way in addressing climate change by showing how large companies can serve their operations with 100 percent clean, renewable energy," said Joe Kishkill, First Solar's chief commercial officer. "Apple's commitment was instrumental in making this project possible and will significantly increase the supply of solar power in California. Over time, the renewable energy from California Flats will provide cost savings over alternative sources of energy as well as substantially lower environmental impact."

It's not Apple's first foray into solar, although it is one of its most ambitious. The company already has two solar farms in North Carolina and another in Nevada. Apple also has investments in wind, hydropower and fuel cells. Cook said in yesterday's conference presentation that all of Apple's data centers already run on renewable energy and that the new headquarters it's building will be state-of-the-art green.

He assured the audience of investors that Apple's large investment in solar isn't just some feel-good move but also good for business.

“I know this is a financial conference and some of you are interested in, is that a good use of funds or not," he said. "Quite frankly we’re doing this because it’s right to do, but you may also be interested to know that it’s good financially to do it. We expect to have a very significant savings because we have a fixed price for the renewable energy, and there’s quite a difference between that price and the price of brown energy. So we're thrilled to continue on this course of doing things that leave the world better than we found it."

Last May, Greenpeace issued a report called Clicking Clean: How Companies Are Creating the Green Internet, rating 19 Internet companies and naming Apple a "green leader" for its commitment to renewable energy.

"It's one thing to talk about being 100 percent renewably powered, but it's quite another thing to make good on that commitment with the incredible speed and integrity that Apple has shown in the past two years," said Greenpeace senior IT sector analyst Gary Cook in response to Tim Cook's announcement.

"Apple still has work to do to reduce its environmental footprint, but other Fortune 500 CEOs would be well served to make a study of Tim Cook, whose actions show that he intends to take Apple full-speed ahead toward renewable energy with the urgency that our climate crisis demands."

YOU MIGHT ALSO LIKE

25 Top Companies Investing in Solar

3 Charts Prove the Solar Revolution Is Here to Stay

Top 10 States Leading the U.S. in Solar Energy Growth

EcoWatch Daily Newsletter

Pexels

By Zak Smith

It is pretty amazing that in this moment when the COVID-19 outbreak has much of the country holed up in their homes binging Netflix, the most watched show in America over the last few weeks has been focused on wildlife trade — which scientists believe is the source of the COVID-19 pandemic. Make no mistake: Tiger King: Murder, Mayhem and Madness is about wildlife trade and other aspects of wildlife exploitation, just as surely as the appearance of Ebola, SARS, MERS, avian flu and probably COVID-19 in humans is a result of wildlife exploitation. As a conservationist, this is one of the things I've been thinking about while watching Tiger King. Here are five more:

Read More Show Less
Pexels

By Hector Chapa

With the coronavirus pandemic quickly spreading, U.S. health officials have changed their advice on face masks and now recommend people wear cloth masks in public areas where social distancing can be difficult, such as grocery stores.

But can these masks be effective?

Read More Show Less
Sponsored
Jörg Carstensen / picture alliance via Getty Images

By Carey Gillam

Bayer AG is reneging on negotiated settlements with several U.S. law firms representing thousands of plaintiffs who claim exposure to Monsanto's Roundup herbicides caused them to develop non-Hodgkin lymphoma, sources involved in the litigation said on Friday.

Read More Show Less
Tom Werner / DigitalVision / Getty Images

By Jillian Kubala, MS, RD

With many schools now closed due to the current COVID-19 outbreak, you may be looking for activities to keep your children active, engaged, and entertained.

Although numerous activities can keep kids busy, cooking is one of the best choices, as it's both fun and educational.

Read More Show Less
In Germany's Hunsrück village of Schorbach, numerous photovoltaic systems are installed on house roofs, on Sept. 19, 2019. Thomas Frey / Picture Alliance via Getty Images

Germany's target for renewable energy sources to deliver 65% of its consumed electricity by 2030 seemed on track Wednesday, with 52% of electricity coming from renewables in 2020's first quarter. Renewable energy advocates, however, warned the trend is imperiled by slowdowns in building new wind and solar plants.

Read More Show Less