Category Archives: china

Apple is constructing two new solar sites in China w/ partner SunPower

Apple Solar Center

After announcing a new partnership earlier today with The Conservation Fund to protect 36,000 acres of forest, news of another environmental effort by the company comes as SunPower announces plans to build a new solar power project in China.

SAN JOSE, Calif., April 16, 2015– Continuing its growth in the world’s largest solar photovoltaic market, SunPower Corporation today announced that it plans to partner with Apple to build two solar power projects totaling 40 megawatts (MW) in ABA Tibetan and Qiang Autonomous Prefectures, Sichuan Province of the Peoples Republic of China (PRC). When complete, the two projects will be co-owned by Sichuan Shengtian New Energy Development Co., Ltd., SunPower’s project development joint venture, and Apple. 

The two new solar sites, Apple’s first in the region, are already under construction and expected to be complete by the end of the year. Apple previously worked with SunPower on its solar projects in the US, including locations in California, Nevada, and North Carolina.

Sun Power said today that the new solar power projects with Apple in China will produce “up to 80 million kilowatt-hours per year while also protecting the ecosystem.”

The projects will feature SunPower’s unique “light-on-land” approach to solar photovoltaic power plant design and construction developed through its experience with over 2 gigawatts (GW) of power plant systems installed and operating globally. Utilizing this innovative dual-use approach means that pasture farming can continue while power is generated.

Earlier today, Apple’s Environmental VP Lisa Jackson published an article detailing the company’s other environmental project revealed today: a partnership with The Conservation Fund to protect 36,000 acres of forest land in the United States fro sustainable product packaging.


Filed under: AAPL Company Tagged: Apple, china, Renewable energy, solar, SolarPower

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Apple is constructing two new solar sites in China w/ partner SunPower

Apple Solar Center

After announcing a new partnership earlier today with The Conservation Fund to protect 36,000 acres of forest, news of another environmental effort by the company comes as SunPower announces plans to build a new solar power project in China.

SAN JOSE, Calif., April 16, 2015– Continuing its growth in the world’s largest solar photovoltaic market, SunPower Corporation today announced that it plans to partner with Apple to build two solar power projects totaling 40 megawatts (MW) in ABA Tibetan and Qiang Autonomous Prefectures, Sichuan Province of the Peoples Republic of China (PRC). When complete, the two projects will be co-owned by Sichuan Shengtian New Energy Development Co., Ltd., SunPower’s project development joint venture, and Apple. 

The two new solar sites, Apple’s first in the region, are already under construction and expected to be complete by the end of the year. Apple previously worked with SunPower on its solar projects in the US, including locations in California, Nevada, and North Carolina.

Sun Power said today that the new solar power projects with Apple in China will produce “up to 80 million kilowatt-hours per year while also protecting the ecosystem.”

The projects will feature SunPower’s unique “light-on-land” approach to solar photovoltaic power plant design and construction developed through its experience with over 2 gigawatts (GW) of power plant systems installed and operating globally. Utilizing this innovative dual-use approach means that pasture farming can continue while power is generated.

Earlier today, Apple’s Environmental VP Lisa Jackson published an article detailing the company’s other environmental project revealed today: a partnership with The Conservation Fund to protect 36,000 acres of forest land in the United States fro sustainable product packaging.


Filed under: AAPL Company Tagged: Apple, china, Renewable energy, solar, SolarPower

Check out 9to5Mac for more breaking coverage of AAPL Company, Apple, and china.

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Chinese Apple Pay launch delayed by stalled bank negotiations, maybe UK too

apple-pay-china-uk

The launch of Apple Pay in China, originally expected to be part of iOS 8.3, has been delayed by stalled negotiations with both the state-owned card processor UnionPay and Chinese banks, reports MarketWatch. Developers had originally been told that iOS 8.3 would support UnionPay, but found that support was missing when the update rolled out last week.

A UnionPay employee who declined to be named said the company has not reached any agreements with the U.S. tech company, and no timetable for cooperation has been set […]

Those sources also say Apple has not made any breakthroughs in talks with Chinese banks, which would also have to agree for the Apple Pay system to work.

The banks are reportedly unhappy about the cut Apple takes from each transaction … 

In the U.S., card processors typically charge 2% for each credit card transaction, and Apple takes 0.15% from that slice. While the percentage is small, high transaction volumes mean that the total sums involved are substantial.

Chinese banks argued those charges were too steep, an employee of a large bank said. Many large banks that are already part of mature point-of-sale networks do not want to lose such a large percentage of their profits in a deal with Apple Pay, he said.

While Apple could begin the Chinese rollout with a limited number of banks, it cannot do so without UnionPay as the payment processor has a monopoly on card processing in the country.

There have been reports that Apple has hit similar issues with UK banks, meaning that Apple Pay will not launch in the UK in the first half of the year as had been widely expected.

The rollout of Apple Pay in the U.S. continues, with more than 180 banks and other financial institutions on board, and the payment method accepted at a total of 68 merchants.


Filed under: AAPL Company Tagged: Apple Inc, Apple pay, banks, china, China UnionPay, UK, UnionPay

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Apple to open its second retail store in Hangzhou, China on April 24

Opening of the first Apple Store in Hangzhou

Opening of the first Apple Store in Hangzhou

Apple opened its first retail store in Hangzhou, China back in January, and now the company has announced plans for a second. Apple says the store will be located at 701 Fuchun Road in the Jianggan District. The store will open at 9:00AM local time on April 24th, which also happens to be launch day for the Apple Watch.

Apple has promised to expand its retail presence in China to at least 40 locations. Tim Cook has said in the past that China is a “key” market for the company, while retail head Angela Ahrendts has said that China is one of her key factors relating to Apple being a successful retail company.

Apple opened 5 new retail stores in China during the first two months of 2015, with more planned. Today’s announcement of a second store in Hangzhou comes at a monumental time in Apple’s history with the impending launch of the Apple Watch. The store will be located in the MixC shopping mall and will open April 24th.


Filed under: AAPL Company Tagged: Angela Ahrendts, Apple, Apple Store, china, hangzhou, retail

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