Apple Inc. (NASDAQ:AAPL) is one of the top tech stocks in Louis Navellier’s portfolio. On May 7, Apple unveiled new initiatives aimed at expanding renewable energy infrastructure, reducing plastic pollution, and fostering green entrepreneurship in India.

Photo by Alexandr Bormotin on Unsplash

The company has inked a strategic partnership with clean energy developer CleanMax as part of a new effort to expand renewable energy capacity in the country. The partnership also seeks to scale Apple’s renewable energy efforts across the supply chain in India. The two companies have previously worked on a portfolio of rooftop solar projects to power Apple’s offices and retail stores.

The push in India is part of Apple’s ambitious plan of being carbon neutral across its entire footprint by 2030. It also affirms the company’s long-standing commitment to protecting the environment. The company has already approved an initial investment of INR 100 crore to support the development of more than 150 megawatts of new renewable energy capacity, enough to power 150,000 Indian households.

Apple Inc (NASDAQ:AAPL) designs, manufactures, and markets smartphones (iPhone), personal computers (Mac), tablets (iPad), and wearables/accessories (Apple Watch, AirPods). It also develops software platforms (iOS, macOS) and provides digital services, including the App Store, iCloud, Apple Music, and Apple Pay.

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