Apple is going green in a big way.
CEO Tim Cook said Tuesday that the company would power its new corporate headquarters with energy from a 2,900-acre solar farm being built by First Solar. Apple committed $848 million to the solar project, which was approved for construction last month.
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“Apple still has a lot of work to do to reduce its environmental footprint, but other Fortune 500 CEOs would be well served to make a study of Tim Cook, whose actions show that he intends to take Apple full-speed ahead toward renewable energy with the urgency that our climate crisis demands,” Gary Cook, the group’s senior IT sector analyst, said in a statement.
Apple’s stock price closed at $122.02 on Tuesday, giving the company a market value of more than $700 billion — making it the first U.S. company in history to reach that mark.
