Innogy is making 770MW of its renewable energy portfolio available for sale to corporate buyers on DNV GL’s Instatrust digital platform.
The projects are onshore wind and solar facilities located across seven countries.
They are at an advanced development stage or already under construction.
Instatrust is a digital marketplace connecting corporations that wish to buy electricity through renewable power purchase agreements (PPAs).
The platform uses a scoring methodology to allow potential corporate off-takers to screen projects in an online tender tool to analyse wind and solar assets.
Innogy head of customer solutions for renewables Roland Kok said: “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.”
DNV GL Energy chief executive Ditlev Engel said “We see that hundreds of corporations worldwide are committed to run their operations on 100% renewable energy.
“This new interest from corporations in clean energy trade requires a connection between suppliers and buyers of renewable energy, based on expertise, to allow transparent deals in renewable energy.
“We are very pleased that Innogy is joining Instatrust, adding their diverse range of renewable energy projects to the platform, stimulating global growth of the PPA market and the uptake of clean energy worldwide, accelerating the energy transition.”
Instatrust head Caroline Brun Ellefsen said: “Innogy trusting us to support them in accelerating their offering towards corporate energy buyers is a very exciting step for both companies.
“It is a clear indication that DNV GL’s Instatrust platform has a role to play to bring more transparency to the corporate PPA market and increase players’ confidence.”
Innogy owns and operates around 3.6GW of renewable energy in 10 countries, and has a development pipeline of 6.9GW.