NEW DELHI: 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.