Apple To Expand Renewable Energy Projects Across Europe

Core Insights - Apple Inc. is significantly expanding its renewable energy projects in Europe to enhance energy capacity, aiming to match the electricity consumption of its products by 2030 [1][5] - The expansion will add 650 megawatts (MW) of renewable energy capacity across several European countries, including Greece, Italy, Latvia, Poland, and Romania [1][2] - The projects are expected to generate over 1 million megawatt-hours of clean electricity by 2030, unlocking more than $600 million in financing [2][5] Project Details - The new clean energy initiatives include a 110MW solar project in Greece and a 129MW portfolio of solar and wind projects in Italy, with the first project in Sicily coming online this month [3][4] - In Poland, a 40MW solar array is set to be operational later this year, while a 99MW wind farm in Romania is under a long-term power procurement agreement [4] - Apple has also signed corporate power purchase agreements in Latvia to support renewable energy development [4] Environmental Goals - Apple's renewable projects aim to address the electricity used by European customers to power and charge their devices, with a goal of matching 100% of global customer electricity use with clean energy by 2030 [5][6] - The energy required to charge Apple devices accounted for approximately 29% of the company's overall greenhouse gas emissions in 2024 [6] - The company plans to add around 3,000 gigawatt-hours of renewable energy to the grid each year by 2030 through these initiatives [7][8]