Apple Inc. (AAPL) invests $55 million in a solar farm

Posted Jul 10, 2014

Apple Inc. (NASDAQ:AAPL) is investing $55 million into a 100 acre and 17.5-megawatt solar farm in North Carolina. Claremont City signed off on a development agreement with Apple on Monday to annex land for its new solar farm. This investment further proves Apple is committed to fighting climate change by investing in renewable resources. This past April, Apple said that its data centers and 120 retail stores would be powered with renewable resources. Apple’s new headquarters will also run on green energy.