Apple is advancing its clean energy strategy across Europe with new solar and wind projects totalling 650 megawatts (MW) of capacity under development in Greece, Italy, Latvia, Poland and Romania, the company said on Monday.
The initiative is part of Apple’s broader Apple 2030 goal, which aims to match the electricity used by all of its products with clean energy and achieve carbon neutrality across its entire value chain by the end of the decade.
Once operational, the projects are expected to generate more than one million megawatt-hours of renewable electricity annually and contribute approximately 3 terawatt-hours to the European grid each year by 2030. Apple said the portfolio would also unlock more than $600 million in financing for clean energy infrastructure across the continent.
“By 2030, we want our users to know that all the energy it takes to charge their iPhone or power their Mac is matched with clean electricity,” said Lisa Jackson, Apple’s vice president of environment, policy and social initiatives. “These new projects will help us achieve our ambitious Apple 2030 goal, while contributing to healthy communities, thriving economies, and secure energy sources across the continent.”
In Greece, Apple has signed a long-term power purchase agreement with HELLENiQ ENERGY for a 110MW solar project that is now fully operational. In Italy, the company is backing a 129MW portfolio of solar and wind assets, starting with a solar facility in Sicily scheduled to go online this month.
Elsewhere, Apple has supported the development of a 40MW solar project by Econergy in Poland, a 99MW wind farm in Galați County, Romania, developed by Nala Renewables, and one of Latvia’s first corporate power purchase agreements with European Energy for a 110MW solar farm. The company is also backing the now-operational 131MW Segovia solar project in Spain, developed by ib vogt.
The expansion reflects growing corporate interest in direct procurement of renewable energy as companies seek to meet sustainability targets and mitigate exposure to fossil fuel price volatility.
