Apple reportedly planning to sell solar power generated by its spaceship campus

Apple reportedly planning to sell solar power

Cupertino giant Apple last year invested $850 million to build a brand new 1,300-acre solar farm in Monterey, California to power the company’s new office campus, retail stores and its other California operations.

According to 9to5mac.com and Bloomberg the tech giant is now planning to sell excess solar power from the panels installed on its Apple Campus2.

A subsidiary named Apple Energy applied to the US Federal Energy Regulatory Commission to sell power from spaceship campus’ solar panels and hydrogen fuel cells, plus other renewable energy facilities in Oregon, North Carolina, California, Nevada and Arizona.

As per the FERC site Apple’s application has been approved and will be able to sell energy from 5th August 2016 to the customers.

Apple Inc. has entered into a long-term firm power purchase agreement (“PPA”) for delivery of energy and associated environmental attributes for 130 MW from a solar photovoltaic energy generation facility under construction by California Flats Solar LLC for a 25-year term beginning October, 2016 and located in the BAA and the market administered by the California Independent System Operator (“CAISO”).  Apple Inc. also owns two behind-the-meter generating facilities in the CAISO BAA (Apple Campus 2 – PV and Apple Campus 2 – Fuel Cell) totaling 18.0 MW of capacity.

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