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Apple adds 650 megawatts of renewables in Europe with more coming in China

1. Apple signed contracts for 650 megawatts of renewable power in Europe. 2. Investments will reduce AAPL's carbon footprint by powering customer devices. 3. China will receive $150 million investment to switch suppliers to renewables. 4. Solar and wind energies are the cheapest options for tech companies. 5. Speed of renewable projects is crucial for data centers and AI operations.

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FAQ

Why Bullish?

Investment in renewables enhances brand image and stability; similar past initiatives led to positive market responses.

How important is it?

The article highlights AAPL’s commitment to sustainability, influencing environmental investors and customers positively.

Why Long Term?

Sustained renewable energy investments can bolster AAPL's operations and public perception over time.

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