Apple Can Sell Power as Tech Giants Boost Investments

Corrected
  • The iPhone maker joins Google, Microsoft as energy investors
  • Tech giants leading in corporate investments in clean energy

People walk outside the Apple store on the Fifth Avenue in New York on Feb. 17, 2016.

Photographer: Kena Betancur/AFP via Getty Images

Apple Inc., which is spending $850 million on a 130-megawatt solar farm near San Francisco over 25 years, can begin selling power into wholesale markets in the latest foray by a technology company into the energy business.

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