Innogy Makes 770 MW of Green Power Available on DNV GL’s Instatrust Digital Marketplace

-13 wind and solar PV projects of innogy’s renewable energy portfolio will be made available to corporate energy buyers on DNV GL’s Instatrust platform

-Instatrust is DNV GL’s global digital marketplace for renewable power purchase agreements (PPAs) connecting corporations committed to buying clean energy with suppliers of wind and solar energy

-innogy provides the first major large commitment on the platform

PVTIME - innogy SE today announces to make parts of its renewable energy
portfolio available to corporate energy buyers on DNV GL’s digital platform
Instatrust a renewable energy marketplace for renewable power purchase
agreements (PPAs), providing the first major commitment on the marketplace for
renewable energy trading.

Instatrust is a global digital marketplace connecting
corporations committed to buying clean energy with suppliers of wind and solar
energy. Instatrust uses a scoring methodology to allow potential corporate
off-takers to screen projects in an online tender tool to easily source, screen
and analyse wind and solar assets.

The renewables segment of innogy SE confirms to add 770 MW
of renewable energy from PV and onshore wind projects across seven countries
and across the globe to the Instatrust platform, opening their asset portfolio
to interested corporate energy buyers. All of these projects are in an advanced
development stage or already under construction. Being at the forefront of this
merchant risk renewables era, innogy is of the opinion that it has tailored
solutions for corporate organisations and therefore makes a part of its
renewable energy portfolio available to interested renewable energy buyers with
the goal of providing forecastable income for its projects.

“We did a thorough review of digital energy-trading
platforms available on the global market and were looking for a solution that
was user-friendly, provides ease of use and complete independence. DNV GL’s
digital marketplace Instatrust combines all those features in one platform and
together with the deep-rooted market expertise of DNV GL’s energy experts we
are confident that the marketplace is ideally placed to speed-up and simplify
the power purchase agreement process. Renewable energy usage is becoming more
and more a service over a commodity according to us and digitisation enables us
to connect easier and earlier with the right partners,” said Roland Kok, Head
of Customer Solutions at innogy’s Renewables segment.

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