From the wonky but important files: Google and LevelTen Energy, a renewables transaction platform, say they’ve unlocked ways to accelerate corporate procurement deals, Ben writes.

Why it matters: Corporate buys are a key driver of solar and wind projects as companies — led by tech giants — look to meet sustainability goals.

Yes, but: Google and LevelTen say complex negotiations over power purchase deals can be improved — a lot.

  • Talks can drag on a year-plus as buyers often have limited personnel while sellers have “finite time to dedicate to any one project,” Google energy execs say in a post.

How it works: Google and LevelTen say their standardized, “scaleable” approach to solicitations and contract negotiations is about 80% faster.

  • For instance, it has upfront risk-management features and a “transparent and reliable way for sellers to verify how their offers are evaluated in real time.”
  • This cuts the risk of sellers entering into lengthy talks only to later determine the terms don’t work.

What’s next: The platform is currently available to sellers negotiating with Google.

  • “However, soon, other buyers will have access to the platform and process through LevelTen,” a Google rep tells Ben.