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US Federal Regulators OK Apple Request to Sell Power
Renewable Energy World: Apple Inc., which spent $850 million last year on a 130-MW solar farm near San Francisco, can begin selling power into wholesale markets in the latest foray by a technology company into the energy business.
Apple’s subsidiary Apple Energy LLC may sell energy, capacity and other services needed to maintain reliable power, according to an order by the Federal Energy Regulatory Commission Thursday. In granting approval, the commission determined the company did not raise the risk of being able to unfairly hike up power prices.
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