Apple invests $600 million in European renewable energy
Apple announces the deployment of 650 megawatts of renewable energy capacity across six European countries, mobilizing over $600 million in funding. This major expansion is part of Apple's 2030 strategy, which aims for carbon neutrality across the company's entire footprint by the end of the decade. The new solar and wind farms developed in Greece, Italy, Latvia, Poland, Romania, and Spain are expected to generate more than one million megawatt-hours of clean electricity to offset the consumption of European users by 2030.
A Continent-Wide Compensation Strategy
The Cupertino-based company is deploying a series of renewable energy production facilities across Europe to fully offset the electricity consumption of its customers. The announced projects will add 650 megawatts of capacity to European power grids over the coming years, with a goal of delivering 3,000 gigawatt-hours of renewable energy annually to the grid by 2030. This initiative is based on a specific fact: in 2024, the use of Apple products, including charging and powering devices, accounted for about 29% of the company's total greenhouse gas emissions.
Lisa Jackson, Apple's Vice President of Environment, Policy, and Social Initiatives, highlights that by 2030, the company aims for users to know that all the energy needed to charge their iPhone or power their Mac is offset by clean electricity. Apple's strategy focuses on projects in regions where the impact on the grid can be maximized, particularly targeting countries with high carbon intensity in their power grids. Beyond these product use investments, Apple and its suppliers already support more than 19 gigawatts of renewable energy worldwide to power the company’s operations and manufacturing supply chain. Since 2018, all Apple offices, data centers, and stores have been running on renewable energy, marking a first step in this long-term environmental commitment.
Six European Countries at the Heart of the Initiative
Apple's geographical distribution of investments highlights a targeted approach. In Greece, the company has signed a long-term agreement to generate electricity through a 110-megawatt solar project owned and operated by HELLENiQ ENERGY, which is now fully operational. Italy is hosting a portfolio of solar and wind projects totaling 129 megawatts, with the first— a solar facility in Sicily— scheduled to begin operations in October 2025.
Poland, which possesses one of the most carbon-intensive power grids on the continent, will benefit from a 40-megawatt solar installation developed by Econergy, set to become operational by the end of 2025. Under the agreement with the Israeli group, Apple will acquire about 75% of the production from this solar farm located in Resko, in the West Pomerania region, under a 19-year virtual power purchase agreement. In Romania, Apple plans to source energy from the 99-megawatt Nala Renewables wind farm located in Gala?i County, through a long-term agreement initiated by OX2, which is currently overseeing the project’s construction. Latvia is hosting one of the country’s first power purchase agreements, signed with European Energy, for a 110-megawatt solar park that will be one of Latvia’s largest solar installations to date. Finally, Spain already has a 131-megawatt solar park developed by ib vogt in Segovia, operational since early 2025.
A Unique Positioning in the European Market
The scale of this investment positions Apple in a unique spot within the European renewable energy market. The American company employs various mechanisms to facilitate the construction of these projects, including long-term power purchase agreements that provide developers with the certainty needed to secure financing, thanks to the assurance of a buyer, as well as directly managed projects and certain equity investments.
According to Apple, its involvement in the announced projects has unlocked $600 million in financing. This effort comes as the international political context presents a mixed picture on climate issues, with some major economies stepping back from their commitments. For comparison, the 27 EU member states produced about 2,700 terawatt-hours of electricity in 2022, highlighting Apple's projects' relative contribution to the continental energy mix.
The company had already achieved carbon neutrality for its global operations in 2020 before announcing the Apple 2030 objective, which aims for a 75% reduction in overall carbon emissions compared to 2015 levels. Over 250 global suppliers, representing more than 85% of Apple's direct manufacturing expenditures, have now committed to using 100% renewable electricity for all Apple production by 2030. This European expansion marks an additional step in an environmental strategy that has been in place for over a decade.
This content has been automatically translated using artificial intelligence. While we strive for accuracy, some nuances may differ from the original French version.
