GE Renewable Energy signs PPA for 21 MW of wind in Spain

GE Cypress onshore wind turbine. Picture credit: GE Renewable Energy

April 20 (Renewables Now) - Wind turbine manufacturer GE Renewable Energy said today that it has signed a power purchase agreement (PPA) with Spanish renewables developer Forestalia to support a new 21-MW wind farm project in Spain and lower the carbon footprint of its European operations.

The 12-year fixed price PPA will enable GE Renewable Energy to source the equivalent of over 60% of its power consumption across European facilities, as part of its plan to run carbon neutral operations by 2030. In turn, Forestalia will get to install its wind farm in a place called El Coto, in Spain’s Zaragoza province.

Subscribe for Renewables Now's Corporate PPA Newsletter here for free!

The Spanish developer, which is also a customer of GE Renewable Energy, expects to start operating the El Coto wind farm in June 2023, the turbine maker said.

The latest is the sixth green PPA that GE Renewable Energy signed to source power from new renewables for its own operations, according to the company.

More stories to explore
Share this story
Tags
 
About the author

Sladjana has significant experience as a Spain-focused business news reporter and is now diving deeper into the global renewable energy industry. She is the person to seek if you need information about Latin American renewables and the Spanish market.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription
\