News Technology Apple collaborates with CleanMax to accelerate renewable energy in India

Apple collaborates with CleanMax to accelerate renewable energy in India

The collaboration is reportedly based on a pioneering business model that leverages the environmental advantages by generating funded initiatives to help Apple mitigate the emissions which are linked to its corporate activities in the country.

Apple, CleanMax, renewable energy Image Source : APPLEApple collaborates with CleanMax to accelerate renewable energy in India

CleanMax, a renewable energy company said that it has partnered with Apple to accelerate renewable energy adoption in India. As a part of the collaboration, CleanMax stated that it has successfully installed 14.4 megawatts of rooftop solar installations across six industrial sites in the country.

These installations are expected to reduce approximately 207,000 tonnes of carbon dioxide (CO2) emissions over their entire operational life.

In an official statement, Kuldeep Jain, MD of CleanMax, said, "Our mission is to be a sustainability partner to corporates, and we consider this joint venture (JV) to be a big milestone in our journey."

He further added, "The growing interest from other consumer brands in such joint ventures is a positive sign of the shift towards sustainability."

As per the company, this initiative aims to boost the development of renewable energy projects across the country.

The partnership is grounded in an innovative business model, where the environmental benefits accruing from the financed projects will assist Apple in addressing the emissions associated with its corporate operations in the country.

Lisa Jackson, Apple's VP of Environment, Policy, and Social Initiatives said, "We're racing toward our ambitious Apple 2030 climate goal while taking on the long-term work to transform electrical grids and restore watersheds to build a cleaner future for all."

Recently, Apple has released a new version of its operating system- iOS 17.5 Beta 2 which is expected to go for official public release by next month (May 2024). One of the major highlights of the upcoming update will be the ability to install the applications directly from the developers’ website.

It will further make it easier for the developers to distribute their apps bypassing Apple’s alternate marketplace and App Store. 

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Inputs from IANS