Apple Helps Three Companies Source Wind, Solar Power
Apple, Akamai, Etsy and Swiss Re announced an agreement to develop two new wind and solar energy farms in Illinois and Virginia. Led by Apple, the new projects will generate 290 megawatts to the PJM electric grid
Akamai, Etsy and Swiss Re said that they previously had limited opportunity to access large renewable energy projects in the regions covered by the thirteen state PJM wholesale electric market, but the collaboration with Apple has allowed them to access wind and solar power from the new projects
The group, with technical assistance from 3Degrees, will collectively purchase 125 megawatts from a wind farm near Chicago and 165 megawatts from a solar PV project outside Fredericksburg, Virginia. The projects are expected to come online over the next two years. The solar and wind projects will be developed by sPower (an AES and AIMCo company) and Geronimo Energy, respectively.