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onehandle

(51,122 posts)
Tue Feb 10, 2015, 05:02 PM Feb 2015

Tim Cook: Apple to build $850 million solar farm

Source: USA Today

SAN FRANCISCO — Apple CEO Tim Cook says the technology giant has formed a partnership with First Solar to build an $850 million solar farm in Monterey County to power its headquarters and all Apple offices and stores in California.

Cook made the remarks Tuesday at the Goldman Sachs Technology and Internet Conference in San Francisco.

The technology giant is coming off a record-breaking fourth quarter fueled by stunning demand for the first larger-display iPhones.

And Apple, already the world's most valuable company, is headed to becoming a $700 billion company. If Apple closes above $120.18, it will be worth $700 billion.

Read more: http://www.usatoday.com/story/tech/2015/02/10/apple-tim-cook-goldman-sachs/23174691/

15 replies = new reply since forum marked as read
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KamaAina

(78,249 posts)
1. Are they planning to build a distribution network, too?
Tue Feb 10, 2015, 05:04 PM
Feb 2015

Monterey County is quite a ways from Cupertino.

onehandle

(51,122 posts)
2. Typically solar, wind, water farms sell their power to the power grid.
Tue Feb 10, 2015, 05:07 PM
Feb 2015

Some states make it easy. Some don't.

California likely is way ahead of the curve.

FreeState

(10,572 posts)
3. It wouldn't matter - solar power in California isn't off grid
Tue Feb 10, 2015, 05:07 PM
Feb 2015

It wouldn't matter - solar power in California isn't off grid if power lines are available.

FLPanhandle

(7,107 posts)
5. Yet, they won't pay US wages to build their products
Tue Feb 10, 2015, 05:11 PM
Feb 2015

If they would move their factories here in the states, they might cost a little more, but people would still line up to buy them.

FLPanhandle

(7,107 posts)
7. Considering they have over 1 million workers (via out sourced manufacturing) just in China...
Tue Feb 10, 2015, 05:28 PM
Feb 2015

They have a long way to go.

2000 US jobs is nice but hardly enough to negate my statement.

FLPanhandle

(7,107 posts)
9. Those aren't manufacturing jobs
Tue Feb 10, 2015, 06:05 PM
Feb 2015

Which is what this country needs.

Sure there are lots of sales people in the US, but even you have to admit a vast majority of Apple products are manufactured offshore to avoid more expensive US workers.

FLPanhandle

(7,107 posts)
11. Irrelevant to the point
Tue Feb 10, 2015, 07:06 PM
Feb 2015

But I use Apple products for the most part.

I would also be willing to pay more for them if they were manufactured here in the US

Response to onehandle (Original post)

FailureToCommunicate

(14,014 posts)
13. I'll happily be the first poster here saying "Wow! Good job Apple!"
Wed Feb 11, 2015, 12:14 AM
Feb 2015

OPs with Apple news seldom rise back up from the muck that's quickly heaped upon them.

Solar farms provide power to the Grid just like a fossel fuel station (only, you know, cleaner)
Almost any building where any DUer works could have solar panels.
Have you gotten your company to consider it yet?

Midnight Writer

(21,767 posts)
14. Smart move
Wed Feb 11, 2015, 01:54 AM
Feb 2015

Burning stuff for energy is a primitive concept. Whether wood, coal, oil or gas, at some point as energy needs inevitably rise, there will be shortages and rampant price inflation.

Every sentient being knows this, but we are clinging to the "old ways" because the powers that be are making a fortune by manipulating the commodity markets. Right now, with relatively low oil prices, ports are clogged with tankers full of oil that is being withheld from the market in order to increase prices. This is good for the rich, a bum deal for the consumer.

It will take time, but eventually wind and solar and other renewable energy sources will take over. The advantages are overwhelming; inexhaustible supply, steady prices, low pollution and American jobs.

I am surprised that more corporations and our filthy rich billionaires are not jumping on to the ground floor of an industry that will surely be dominant in a relatively short time.

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