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Apple Invests Rs 100 Crore in India's Renewable Energy Push

Apple has announced a Rs 100 crore investment in India's renewable energy infrastructure through a partnership with CleanMax. The initiative aims to build over 150 megawatts of new renewable energy capacity, enough to power nearly 1.5 lakh Indian households annually. This investment supports Apple's target of becoming carbon neutral across its entire footprint by 2030. The company has also launched partnerships with WWF-India and Acumen to address plastic pollution and support green entrepreneurship.

Key Points: Apple Invests Rs 100 Crore in India Renewable Energy

  • Apple invests Rs 100 crore in India renewable energy
  • Partnership with CleanMax for 150 MW capacity
  • Power enough for 1.5 lakh households annually
  • Supports carbon neutrality goal by 2030
2 min read

Apple to invest Rs 100 crore in India's renewable energy infrastructure

Apple announces Rs 100 crore investment in India's renewable energy with CleanMax to build 150 MW capacity, aiming for carbon neutrality by 2030.

"At Apple, our commitment to the environment is also a driving force for innovation - Sarah Chandler"

New Delhi, May 7

US tech giant Apple has announced an investment of Rs 100 crore to support the development of renewable energy infrastructure in India as part of its broader sustainability and carbon neutrality goals.

The company said the investment will be made in collaboration with CleanMax, one of India's leading renewable energy developers, to help build more than 150 megawatts of new renewable energy capacity across the country.

According to the iPhone maker, the planned capacity would be enough to power nearly 1.5 lakh Indian households annually and may be expanded further in the coming years.

The initiative is aimed at strengthening renewable energy adoption across Apple's supply chain operations in India and supports the company's target of becoming carbon neutral across its entire footprint by 2030.

"At Apple, our commitment to the environment is also a driving force for innovation across the company and around the world," said Sarah Chandler, Apple's Vice President of Environment and Supply Chain Innovation.

"We are proud to expand our efforts to invest in India's clean energy economy and protect the country's precious natural resources," she added.

Moreover, the US-headquartered firm had earlier partnered with CleanMax on rooftop solar projects to power its offices and retail stores in India with 100 per cent renewable energy.

Apart from renewable energy investments, it also announced new partnerships in India focused on reducing plastic pollution and promoting green entrepreneurship.

The company said it is working with WWF-India to support recycling and waste management initiatives to improve material recovery and reducing plastic leakage into ecosystems.

The iPhone maker is also partnering with Acumen to provide grants and mentorship support to early-stage green enterprises working in areas such as waste management, regenerative agriculture, and circular economy solutions.

- IANS

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Reader Comments

P
Priya S
Good initiative, but Rs 100 crore is a drop in the ocean for a company like Apple. They make billions in profit from India. They should be doing much more for our environment and local communities.
M
Michael C
Impressive commitment to carbon neutrality by 2030. Apple is setting an example for corporate responsibility. Hope this creates jobs and boosts India's green energy infrastructure.
S
Siddharth J
Finally some good news! But I hope they also focus on e-waste management in India. Apple products are expensive and often not recycled properly here. The WWF partnership is a start, but more action needed.
J
Jessica F
Great to see multinationals investing in India's renewable future. The green entrepreneurship grants with Acumen could really help grassroots startups. Let's hope this is just the beginning!
T
Tanya I
Nice PR move by Apple. But where's the transparency? How will this benefit local farmers and villages near these projects? Renewable energy is good, but it shouldn't displace communities.
R
Ravi K
Excellent move! India has massive solar and wind potential. If Apple partners with Indian companies like CleanMax, it's a win-win for climate and our economy. Just ensure local manufacturing gets a boost too.

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