Apple to invest Rs 100 crore to build 150 MW renewable energy capacity in India

WorldBusiness & Finance
7 May 2026 • 9:54 PM MYT
Tribune
Tribune

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Apple on Thursday said it will make an initial investment of Rs 100 crore to develop more than 150 megawatts of new renewable energy capacity in India, which is enough to power an average 150,000 households each year.

This initiative will be done in collaboration with CleanMax, one of the country’s leading renewable energy developers.

The partnership aims to advance Apple’s efforts to scale renewable energy across its supply chain in India. It will also drive progress toward Apple’s ambitious goal to be carbon neutral across its entire footprint by 2030

Sarah Chandler, Vice President, Environment and Supply Chain Innovation, Apple, said the company is proud to expand its efforts to invest in India’s clean energy economy and protect the country’s precious natural resources.

“At Apple, our commitment to the environment is also a driving force for innovation — across the company and around the world," said Chandler.

With conservation organisation WWF-India, Apple is supporting recovery-focused recycling and waste management initiatives that prioritise environmental and social safeguards.

Building on WWF-India’s collaboration with waste-management pioneer Saahas Zero Waste in Goa, this model establishes facilities that collect, sort, and recover recyclable materials with full traceability.

This prevents plastic leakage into surrounding ecosystems. With Apple’s support, WWF-India is now expanding this system-strengthening approach to new regions, including in Coimbatore, in close collaboration with local authorities, communities, and waste workers.

Moreover, the initiative supports a circular waste system that enables responsible material recovery at scale by strengthening local infrastructure and governance.

Also, Apple is supporting early-stage entrepreneurs through a new partnership with Acumen, providing catalytic grants to six green enterprises developing solutions across waste management, circular economy and consumption, and regenerative agriculture and livelihoods.

The programme provides mentorship, strategic guidance, technical assistance, and network access to help social entrepreneurs validate promising business models and put them on a path to scale.