GE signs PPA for 21 MW wind project in El Coto

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GE Renewable Energy has signed its first European Power Purchase Agreement (PPA) from a new 21 MW onshore wind farm in Spain with its partner, Forestalia. Through this long-term agreement, GE Renewable Energy will source clean energy that corresponds to more than 60% of its facilities’ electricity consumption in Europe.

The 12-year fixed-price PPA contributes to the development of the wind farm in El Coto, Zaragoza, Spain. The wind farm is expected to commence operations in June 2023, helping to reduce GE Renewable Energy’s emissions by around 13k tCO2e annually, approximately 79% of its current carbon footprint from electricity in Europe.

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