Solar

Apple to Develop 200MW of Solar Projects in China

Apple has announced plans to develop 200 megawatts of solar projects as part of a program aimed at reducing the carbon footprint of its manufacturing partners in China. The programs will avoid over 20 million metric tons of greenhouse gas pollution in the country between now and 2020, equivalent to taking nearly 4 million passenger vehicles off the road for one year.

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OPIC Commits US$400 Million to 100-MW South African Solar Project

The Overseas Private Investment Corporation has signed an agreement with US-based energy developer SolarReserve and Saudi Arabia-based ACWA Power with a US$400 million commitment of debt financing to support the development of the100-megawatt Redstone Concentrating Solar Power project in Northern Cape, South Africa.

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