GE Renewable Energy to buy power output from planned 21-MW wind farm in Spain

General Electric Co. subsidiary GE Renewable Energy has entered into a 12-year power purchase agreement for the output of Forestalia Renovables SL's planned 21-MW wind farm in El Coto, Zaragoza, Spain.

The wind farm is expected to start operation in June 2023, and the power supply contract will cover about 60% of the electricity consumption of GE Renewable Energy's European facilities, the company said in an April 20 news release.

The deal will reduce the company's emissions by about 13,000 tonnes of carbon dioxide equivalent annually, or approximately 79% of its carbon footprint from electricity in Europe, and is a key component of GE's plan to reach carbon neutrality in its operations by 2030.

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