Apple to collaborate on new solar and wind energy projects

Solar and wind energy projects - solar panels and a wind turbine

The tech giant is increasing access to green energy in the eastern United States. Apple is teaming up with Swiss Re, Etsy and Akami to develop new solar and wind energy farms in the United States. The companies will collectively purchase energy from a wind farm in Illinois and a solar farm in Virginia. Combined, both clean energy projects will produce enough energy to power 74,000 homes. Together, the companies will purchase 165 MW from a solar photovoltaic (PV) power plant just outside of Fredericksburg, Virginia, and 125 MW from…

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Economist Intelligence Unit survey highlights risks of the alternative energy industry

Alternative Energy Targets EU

Climate change and alternative energy are issues that are gaining momentum around the world. Governments have shown resistance to both topics, leaving them in a state of slow progress. Because governments have show wariness in funding alternative energy projects, these projects have survived largely on private investments. Investors are constantly on the lookout for risks, however, and the alternative energy industry is still rife with unidentified factors that could translate into major financial losses. The Economist Intelligence Unit (EIU), an economic research firm, is looking to bring some stability to…

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