BendiNewsTest: Apple sinks $850 million into massive California Flats Solar Project

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Wednesday, February 11, 2015

Apple sinks $850 million into massive California Flats Solar Project

Apple is the latest American corporation to make a major investment in renewable energy. The tech company just announced a deal to put $848 million into the California Flats Solar Project, a 2,600-acre facility in rural Monterey, California, run by photovoltaic company First Solar. Of the facility’s total 280-megawatt output, Apple secured 130 megawatts by signing a 25-year contract—the industry’s largest agreement to provide green energy to a commercial company.

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