• 10
  • 5
  • Favorite

Apple to use Tesla battery packs for solar-energy storage facility: report

Dow Jones2021-04-01

Apple Inc. will use Tesla Inc. battery packs to store energy from a solar farm in Northern California, according to a report by The Verge on Wednesday night.

Earlier in the day, Apple $(AAPL)$ announced a renewable-energy storage project near its solar facility in Monterey County, south of San Jose, that will store about 240-magawatt hours of energy -- enough to power about 7,000 homes.

While the announcement did not mention Tesla, a Monterey County planning official confirmed to The Verge that Apple will use 85 Tesla $(TSLA)$ lithium-ion "megapacks" for the project, which will help power Apple's headquarters in Cupertino, Calif.

In a statement , Apple said the "California Flats" project will be "one of the largest battery projects in the country," and will support its solar farm that generates 130-megawatt hours and supplies all of Apple's renewable energy in California. The project will store excess energy generated during the day, and distribute it as needed.

Last July, Apple pledged to be 100% carbon neutral by 2030 .

Apple added Wednesday that more than 110 of its manufacturing partners around the world are moving to 100% renewable energy for production.

"We are firmly committed to helping our suppliers become carbon neutral by 2030 and are thrilled that companies who've joined us span industries and countries around the world," Lisa Jackson, Apple's vice president for Environment, Policy, and Social Initiatives said in the statement.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment5

  • Tomillions
    ·2021-04-02
    Why does it feel like it’s a long time coming 
    Reply
    Report
  • Gingertrades
    ·2021-04-01
    ?
    Reply
    Report
  • Faker5019
    ·2021-04-01
    Lol
    Reply
    Report
  • Nicholwong
    ·2021-04-01
    ?
    Reply
    Report
  • rocat
    ·2021-04-01
    Wow
    Reply
    Report
    Fold Replies
    • bzlim
      Comment
      2021-04-01
      Reply
      Report
    • 俊俊要努力
      comment
      2021-04-01
      Reply
      Report
    • lohyiying
      comment on my comment
      2021-04-01
      Reply
      Report
    View more 2 comments
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial