Read more at: https://www.ndtvprofit.com/business/iphone-maker-apple-cleanmax-tie-up-for-green-energy-projects-in-india
iPhone maker Apple has formed a joint venture with renewable energy firm Cleanmax to deploy solar solutions in India. The JV has installed 14.4 megawatts of rooftop solar installations across six industrial sites in India which will help Apple in addressing the emissions associated with its corporate operations in India.
‘The partnership aims to bolster renewable energy projects across India, marking a significant step forward in the nation’s green energy landscape,’ the renewable energy firm said in a statement.
The collaboration is grounded in an innovative business model, where the environmental benefits accruing from the financed projects will assist Apple in addressing the emissions associated with its corporate operations in India, the statement said.