DNV GL has announced the operational launch of its Instatrust Power Purchase Agreement (PPA) Demand tool with a European telecom and technology provider, sourcing 100GWh.
The market Demand generated more than 800GWh of project volumes submitted in two weeks. In total 1,370GWh of volume was added to the platform as a result of this PPA demand.
Instatrust provides an automated scoring of the projects submitted, based on DNV GL’s scoring methodology, which leverages track-record and expertise in services such as due diligence. The scoring includes a matching element, project feasibility and seller’s profile score. Instatrust is also providing market insights and feedback to all sellers participating to increase the transparency of the PPA market.