Tim Cook, CEO of Apple, announced the company is building a massive $850 million solar farm that will power its new Campus 2 headquarters that is currently under construction south of San Francisco. Apple will partner with First Solar to build the project.Â
Cook made the announcement at the Goldman Sach’s Technology and Internet conference on Tuesday, speaking on Apple’s commitment to the environment. You can watch the conference via the live stream.
The brand new solar farm will be 1,300 acres in Monterey, California. Not only does Cook expect savings for the company over time, but says that it’s the right thing to do.
“We know at Apple that climate change is real,” Cook told attendees. “The time for talk has passed and the time for action is now.”
Apple’s new campus, with its large circular shape to house the majority of Apple employees, is expected to be open in late 2016. Cook didn’t provide a timeline for the new solar farm to be built.