Apple won’t directly use the electricity from California Flats, but it will get credit, at wholesale rates, from the local utility, Pacific Gas and Electric (PG&E PCG -2.07%), for sending that much energy into the grid, said Steve Krum, First Solar’s spokesman.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.