Apple launches $300 million green energy fund in China


  • World
  • Friday, 13 Jul 2018

FILE PHOTO: The Apple logo is seen on a computer screen in this illustration photo taken in Bordeaux, France, February 1, 2017. REUTERS/Regis Duvignau/File Photo

SHANGHAI (Reuters) - Apple Inc will launch a $300 million (226.92 million pounds) clean energy fund in China, the firm said in a statement on Friday, working with its suppliers to invest in renewable energy projects that could power close to 1 million homes in the country.

China's government has made cutting pollution a key priority, putting pressure on local and international firms to help reduce high levels of smog in its major cities and clean up the country's waterways and polluted soil.

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