Apple intends to create a fund for investment in clean energy in China

The American corporation Apple intends with its ten suppliers in China to create a fund for investments in clean energy named China Clean Energy Fund in volume of 300 million dollars . The Wall Street Journal writes that this move by Apple demonstrates the commitment of the American technology corporation to the development of business in China, despite the tension in the relations between Washington and Beijing. The entire amount of resources will be received by the fund within 4 years, which will allow it to invest in projects that will create in China renewable energy capacities totaling more than 1 gigawatt. The capacities will be used to supply the electricity to the operations of the Apple suppliers who are members of the fund.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong