Tim Cook: Apple to build $850 million solar farm
Source: USA Today
SAN FRANCISCO Apple CEO Tim Cook says the technology giant has formed a partnership with First Solar to build an $850 million solar farm in Monterey County to power its headquarters and all Apple offices and stores in California.
Cook made the remarks Tuesday at the Goldman Sachs Technology and Internet Conference in San Francisco.
The technology giant is coming off a record-breaking fourth quarter fueled by stunning demand for the first larger-display iPhones.
And Apple, already the world's most valuable company, is headed to becoming a $700 billion company. If Apple closes above $120.18, it will be worth $700 billion.
Read more: http://www.usatoday.com/story/tech/2015/02/10/apple-tim-cook-goldman-sachs/23174691/
KamaAina
(78,249 posts)Monterey County is quite a ways from Cupertino.
onehandle
(51,122 posts)Some states make it easy. Some don't.
California likely is way ahead of the curve.
FreeState
(10,572 posts)FreeState
(10,572 posts)It wouldn't matter - solar power in California isn't off grid if power lines are available.
FLPanhandle
(7,107 posts)If they would move their factories here in the states, they might cost a little more, but people would still line up to buy them.
FreeState
(10,572 posts)FLPanhandle
(7,107 posts)They have a long way to go.
2000 US jobs is nice but hardly enough to negate my statement.
FreeState
(10,572 posts)FLPanhandle
(7,107 posts)Which is what this country needs.
Sure there are lots of sales people in the US, but even you have to admit a vast majority of Apple products are manufactured offshore to avoid more expensive US workers.
former9thward
(32,017 posts)And where is it manufactured?
FLPanhandle
(7,107 posts)But I use Apple products for the most part.
I would also be willing to pay more for them if they were manufactured here in the US
Response to onehandle (Original post)
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FailureToCommunicate
(14,014 posts)OPs with Apple news seldom rise back up from the muck that's quickly heaped upon them.
Solar farms provide power to the Grid just like a fossel fuel station (only, you know, cleaner)
Almost any building where any DUer works could have solar panels.
Have you gotten your company to consider it yet?
Midnight Writer
(21,768 posts)Burning stuff for energy is a primitive concept. Whether wood, coal, oil or gas, at some point as energy needs inevitably rise, there will be shortages and rampant price inflation.
Every sentient being knows this, but we are clinging to the "old ways" because the powers that be are making a fortune by manipulating the commodity markets. Right now, with relatively low oil prices, ports are clogged with tankers full of oil that is being withheld from the market in order to increase prices. This is good for the rich, a bum deal for the consumer.
It will take time, but eventually wind and solar and other renewable energy sources will take over. The advantages are overwhelming; inexhaustible supply, steady prices, low pollution and American jobs.
I am surprised that more corporations and our filthy rich billionaires are not jumping on to the ground floor of an industry that will surely be dominant in a relatively short time.