Apple Inc. (AAPL) buys a renewable power plant project in Oregon

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Apple Inc. (NASDAQ:AAPL) has purchased a “small hydroelectric project” at a Central Oregon site near the company’s new data center in Prineville.

This power plant project will be able to power thousands of servers that contain photos, music, and movies. Apple powers its data centers using entirely renewable energy.

Apple buys “local renewable energy” for its Prineville facility.The previous owner of the project is EBD Hydro and it won $7 million in federal loan guarantees and a $1.5 million federal grant to help finance its construction.

The prior proposals of the project said that it would generated 3 to 5 megawatts, which would be enough to power roughly 2,000 to 3,500 homes.

What is a hydroelectric plant? Falling water is used to spin large turbines, which generates electricity just like the Hoover Dam.

Apple runs multiple data centers around the world, including one near the new hydro plant to power iCloud. Other tech companies that run data centers in Oregon include Facebook, Amazon, and Google.

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