Apple can start reaping the fruits of its $850 million Monterey County solar power investment, along with electricity from its solar facilities in Nevada and Arizona.Federal energy regulators on Thursday approved Apple s application to start selling solar power at market rates.The tech company owns generation capacity of 20 megawatts in Nevada, 50 megawatts in Arizona and 130 megawatts in California.
The latter output – enough to power tens of thousands of homes – will come from Apple s $850 million partnership with sun-farm firm First Solar, at the California Flats solar project in southeast Monterey County.
We know that climate change is real, Apple CEO Tim Cook told a conference last year when announcing the California Flats investment.
Our view is that the time for talk has passed, and the time for action is now.
We ve shown that with what we ve done.
Thursday s ruling from the U.S. Federal Energy Regulatory Commission goes into effect Saturday.Apple has another power-sales application pending, to sell excess electricity generated via solar panels on the roof of its under-construction spaceship campus in Cupertino, Bloomberg has reported.