DNV GL has set up a digital platform called Instatrust for buyers and sellers interested in renewable energy power purchase agreements.
Instatrust will help sellers to identify and reach out to off-takers, as well as offering the latter support in issuing tenders and screening projects based on DNV GL’s scoring methodology.
“Benchmarking projects in a quick and easy way to help energy buyers accelerate the procurement process with confidence,” DNV GL said.
The platform also provides recommended best practices, guidelines and standardised contracts, compares renewables assets and shares lessons learned.
It is available on Veracity, DNV GL’s secure industry platform to access digital data, applications and services.
DNV GL Energy chief executive Ditlev Engel said: “The global power purchasing market is growing fast with regional characteristics and specific requirements.
“Instatrust will match sellers and buyers in a trusted environment, thus helping speed up the adoption of wind and solar.”
DNV GL global head of Instatrust Caroline Brun Ellefsen said: “Based on our experience, Instratrust is an advancement of our profound technical expertise, leveraging digital innovation to help both renewable energy buyers and sellers to facilitate renewable energy procurement for corporate companies.”


