By Katie Fehrenbacher | Fortune
Did Apple overpay in its nearly $850 million deal to buy solar power from a solar farm to be built in central California? Closer scrutiny reveals: no.
There’s a key aspect of Apple’s high-profile solar deal in California that’s been largely overlooked—until now.
When Apple announced to the world last month that it would be spending an eye-popping almost $850 million to buy solar power from a solar farm to be built in central California, clean energy fans naturally cheered. But there was another common reaction by industry watchers, too: confusion.