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Apple launches $300 million green energy fund in China

Reuters  |  SHANGHAI 

SHANGHAI (Reuters) - Apple Inc will launch a $300 million clean energy fund in China, the firm said in a statement on Friday, working with its suppliers to invest in renewable energy projects that could power close to 1 million homes in the country.China's government has made cutting pollution a key priority, putting pressure on local and international firms to help reduce high levels of smog in its major cities and clean up the country's waterways and polluted soil.The investment from the iPhone maker, which will be made along with 10 suppliers including Pegatron Corp and Wistron Corp ...

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First Published: Fri, July 13 2018. 06:29 IST
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