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Apple Inc. (AAPL)’s Big Bang Investment Of €1.7 Billion In Eco-Friendly Data Centers

Apple Inc. (NASDAQ:AAPL) has announced an ambitious plan of building and operating two new data centers valued at €1.7 billion in Europe according to a press release. The data centers are to be operated by 100% renewable energy, in line with the company’s ambition of an eco-friendly environment.

Apple, is AAPL a good stock to buy, Will Power, Apple Pay, ecosystem, Robert Baird,

The new data centers are to run cleanly on renewable energy as Apple looks to work with local partners to launch additional renewable energy projects. The two data centers are expected to have the lowest environmental impact yet for Apple Inc. (NASDAQ:AAPL)’s data centers. In Ireland, Apple plans to recover land previously used for growing non-native trees and restoring native trees to Derrydonnell Forest.

Apple vice president for Environmental initiatives, Lisa Jackson, maintains the two projects are driven by the desire to leave the environment better than it was found. The two data centers measuring 166,000 square meters are expected to be up and running in 2017 made of designs with additional benefits for local communities.

The two data centers are to power Apple Inc. (NASDAQ:AAPL)’s online service made of iTunes Store, App Store, Siri as well as Maps for people in Europe, located in Gateway Ireland and Central Jutland in Denmark. The investment comes in the wake of the Cupertino-based company enjoying immense success in Europe as the need for more data storage space continues to grow.

The investment is the biggest ever carried by Apple Inc. (NASDAQ:AAPL) and expected to create hundreds of jobs while seeing rise to the company’s green building designs. Apple is one of the biggest employers in Europe with an estimated 672,000 jobs; made of 530,000 jobs directly associated with the development of iOS apps. Since Apple Store launched in Europe in 2008, app developers have raked in estimated 6.6 billion through the worldwide sale of apps.

Apple Inc. (NASDAQ:AAPL) also employs approximately 18,300 people in Europe directly having aided in the creation of more than 2,000 jobs over the last 12 months alone. It spent over €7.8 billion on companies and suppliers last year that helped in the creation of its assortment of products and for support operations around the globe.

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