Apple Partners with CleanMax to Invest in Rooftop Solar Projects in India

Apple has announced a new partnership with CleanMax, India's leading renewable energy provider, to invest in rooftop solar projects across the country. The collaboration aims to expand Apple's clean energy initiatives and support its global commitment to achieving carbon neutrality by 2030.

As part of the agreement, Apple will purchase power from CleanMax's rooftop solar projects , which will be installed on commercial and industrial buildings in India. The solar arrays will have a combined capacity of 11.4 megawatts, generating 19.4 million kilowatt-hours of clean energy annually. This is equivalent to powering over 16,000 Indian homes with renewable electricity each year.

The partnership with CleanMax is an important step forward for Apple's renewable energy efforts in India. The company has already made substantial progress in transitioning its global operations to clean power, with 100% of its facilities worldwide now running on renewable energy. By investing in rooftop solar projects, Apple is not only reducing its own carbon footprint but also supporting the growth of India's renewable energy sector.

Why this matters: Apple's investment in rooftop solar projects in India demonstrates the company's commitment to promoting sustainable practices and reducing its environmental impact on a global scale. This partnership sets an example for other multinational corporations to invest in clean energy initiatives in developing countries, contributing to the global fight against climate change.

CleanMax, founded in 2011, has been at the forefront of India's renewable energy revolution. The company has installed over 500 megawatts of solar capacity across 340+ sites in India, helping businesses and institutions reduce their reliance on fossil fuels and lower their energy costs. By partnering with CleanMax, Apple is tapping into the expertise and infrastructure of a well-established player in India's solar energy market.

The rooftop solar projects funded by Apple will contribute to India's ambitious target of achieving 175 gigawatts of renewable energy capacity by 2022, with 40 gigawatts coming from rooftop solar installations. India has emerged as a global leader in renewable energy, with the world's lowest-cost solar power and a rapidly growing clean energy sector.

Apple's investment in rooftop solar projects in India through its partnership with CleanMax is a significant milestone in the company's global clean energy initiatives. The 11.4-megawatt solar arrays will generate 19.4 million kilowatt-hours of renewable electricity annually, equivalent to powering over 16,000 Indian homes. This collaboration not only reduces Apple's carbon footprint but also supports India's ambitious renewable energy targets and sets an example for other multinational corporations to invest in sustainable practices in developing countries.

Key Takeaways

• Apple partners with CleanMax to invest in 11.4MW of rooftop solar in India.
• The solar projects will generate 19.4 million kWh of renewable electricity annually.
• This is equivalent to powering over 16,000 Indian homes with renewable energy.
• The partnership supports India's goal of 175GW renewable energy capacity by 2022.
• The investment demonstrates Apple's commitment to global carbon neutrality by 2030.