Economy

Apple beats Microsoft to reach 100 per cent renewable energy target

Apple beats Microsoft to reach 100 per cent renewable energy target”

For a few years now, the company has made promises to shift entirely to renewable energy. Now it seems that it can finally announce an achievement to everyone.

The company also announced that nine more suppliers have committed to powering their Apple-specific operations with 100% clean energy (not necessarily renewable).

A year ago almost half of the world's new renewable energy investment of $279.8 billion (pdf, p.11) came from China, according to a report published April 5 by Bloomberg New Energy Finance, and the sustainable energy finance center run by the United Nations Environment Program and the Frankfurt School of Finance and Management.

Because Apple is working with partners and utilities on wide-ranging renewable projects, new energy options are emerging for communities and countries worldwide.

The suppliers that pledge to use more clean energy know they will have "a leg up" against competitors for Apple's business, Jackson told Reuters.

And over 85 suppliers have signed up for Apple's Clean Energy Portal that helps suppliers find renewable energy in different regions around the world. "After years of hard work we're proud to have reached this significant milestone", said Apple CEO Tim Cook. This would see Apple making new products exclusively out of recycled parts.

Global growth net electricity chart
Shayanne Gal Business Insider

By changing to renewable energy, Wynn retired more than 835 geothermal and solar renewable energy credits in 2016, and expects to retire more than 850 in 2017.

Apple is patting itself on the back for hitting its goal of 100 percent clean energy. It is powered by 100 percent renewable energy from multiple sources, including a 17-megawatt onsite rooftop solar installation and four megawatts of biogas fuel cells, and controlled by a microgrid with battery storage.

According to Lazard, a financial advisory firm that publishes an annual levelised cost of energy analysis, renewable energy costs continue to decline.

Apple is now building two data centers in Denmark that will run entirely on clean power.

DSM Engineering Plastics, which manufactures polymers and compounds in the Netherlands, Taiwan and China that are used in many Apple products, including connectors and cables.



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