Apple and First Solar are teaming up to build a 2,900 acre solar farm in Monterey County in California. Apple is committing US$848 million to the project, which will produce enough power for all of the company's operations in the state with plenty left over to sell to Pacific Gas & Electric for homes and other businesses.
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Apple's investment in the California Flats Solar Project not only benefits the company, but also the community as a whole because the solar farm will produce far more power than the iPhone and iPad maker needs. The rest of that energy goes to PG&E as green electricity, which—hopefully—will reduce environmental damage.