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Results of the 7th Auction for "RE Bridge," a Renewable Energy Trading Matching Platform for Corporations

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AI Summary (NQ-processed)

Digital Grid Inc. held its 7th auction for the corporate PPA matching platform "RE Bridge," achieving a record number of participants. The auction resulted in 22 matches totaling approximately 51MW, with a growing demand for diverse power sources like biomass and geothermal to support hourly matching.

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Frequently Asked Questions

Q: What is the name of the renewable energy trading platform operated by Digital Grid Inc. that conducted the 7th auction in 2026?
A: The renewable energy trading platform operated by Digital Grid Inc. is called RE Bridge®, which conducted its 7th auction from February 9 to March 16, 2026.
Q: How many successful matches were made in the 7th RE Bridge auction and what was the total installed capacity?
A: In the 7th RE Bridge auction, there were 22 successful matches with a total installed capacity of approximately 51 megawatts (MW).
Q: What types of solar installations made up 80 percent of the matched power plants in the 7th auction?
A: Agrivoltaic and rooftop solar installations accounted for 80 percent of the matched power plants in the 7th RE Bridge auction held in 2026.
Q: Why are many corporate consumers increasingly prioritizing hourly matching in renewable energy procurement through RE Bridge?
A: Many corporate consumers prioritize hourly matching due to revisions in the GHG Protocol, which affect international greenhouse gas accounting standards and influence RE100 compliance strategies.
Q: When is the next RE Bridge auction scheduled to take place following the 7th edition in 2026?
A: The next RE Bridge auction is scheduled to take place around June 2026, following the conclusion of the 7th auction on March 16, 2026.