Apple Is Getting Into The Solar Energy Industry

Posted: Jun 10 2016, 8:30am CDT | by , Updated: Jun 11 2016, 1:12am CDT, in News | Apple


Apple is Getting into the Solar Energy Industry
Photo Credit: Getty Images

There are almost always rumors flying about what new products Apple is going to create - from cars to the newest features on iPhones. Since many of us revolve our lives around Apple products, it actually makes a lot of sense.

But their next project is unlike any you have heard from them before: solar energy.

The tech giant has formed a new subsidiary, which they've entitled (what else) Apple Energy LLC, in order to sell some of the extra solar power that has been generated from their farms in Nevada and Cupertino.

The Verge notes that the company's newest environmental responsibility reports show that it actually only generates enough energy to provide 93% of the energy that it needs worldwide. This raises the question of why they are selling off their solar energy - perhaps they are going to expand their farms more so that they can prepare for a new project. Maybe it will be the long-rumored charging stations for the even longer rumored Apple car.

According to some more digging on the part of the media (this time 9to5Mac spotted it), Apple can legally sell energy at market rates since it isn't a large energy company and won't impact the price of electricity.

Most energy companies will sell any surplus energy to power companies instead of selling it directly to home or business owners.

It is likely we will know soon what Apple is up to because it requested permission from the FERC to begin operations within 60 days of its application, which was filed on June 6, 2016. Whatever it is that they are doing, buckle up because it is going to be quite a ride - after all, Apple does tend to have major pull over industry trends.

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The Author

<a href="/latest_stories/all/all/46" rel="author">Noel Diem</a>
Noel passion is to write about geek culture.




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