Apple Quietly Launches 'Apple Energy' Subsidiary to Sell Renewable Energy Back to the G... - 0 views
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Adriana Trujillo on 07 Jul 16Apple seems to be embedding its renewable energy commitments into its corporate structure. The company recently created a new wholly-owned subsidiary known as Apple Energy LLC and filed an application to the Federal Energy Regulatory Commission (FERC), which regulates power companies, to be able to sell electricity and other power grid services to non-utility customers. The move is a strong sign that Apple will not only fulfill its plans to operate on 100 percent renewable energy through net-metering, but plans to generate and sell renewable energy back to the grid.