Apple to support Irish ocean energy through EUR-1m fund
Wave. Author: Barbara Walsh. License: Creative Commons. Attribution 2.0 Generic
US technology giant Apple Inc (NASDAQ:AAPL) has committed a EUR-1-million (USD 1.1m) fund to help ocean energy developers test prototypes at the Galway Bay facility on the west coast of Ireland.
More specifically, the iPhone and iPad maker has entered into a memorandum of understanding (MoU) with the Sustainable Energy Authority of Ireland (SEAI), specifically to support the developers who win an SEAI grant, it was announced today.
“We're excited by the potential of ocean energy to someday serve as a source of clean power for the data centre we are building in Athenry, County Galway," said Lisa Jackson, the vice president of Apple’s Environment, Policy and Social Initiatives. She reiterated that the US company is committed to powering all of its facilities with 100% renewable energy.
The Apple fund will provide up to EUR 250,000 annually for a period of four years, starting in 2016, according to the press release.