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Northland Power Inc T.NPI.PR.B


Primary Symbol: T.NPI Alternate Symbol(s):  NPIFF | T.NPI.PR.A | NPICF

Utilities Utilities - Independent Power Producers
Northland Power Inc. is a Canada-based global power producer focused on helping the clean energy transition by producing electricity from clean renewable resources. The Company owns and manages a diversified generation mix, including onshore renewables, natural gas energy, as well as supplying energy through a regulated utility. Its facilities produce electricity from clean-burning natural gas and renewable resources such as wind and solar. The Company’s segments include offshore wind facilities, onshore renewable facilities, efficient natural gas facilities, and utilities. The Company’s natural gas facilities use turbines to produce electricity. It owns or has an economic interest in approximately 3.4 GW (net 2.9 GW) of operating capacity. The Company also has an inventory of projects in construction and in various stages of development encompassing approximately 12 GW of potential capacity. It operates power infrastructure assets in Asia, Europe, Latin America, and North America.


TSX:NPI - Post by User

Northland Power Inc > Commentary
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Post by BayWallon Mar 23, 2023 3:44pm
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Post# 35357152

Commentary

Commentary
The EU released an official legal definition of renewable hydrogen in a delegated act, a non-legislated measure mean to amend or update legislation quickly. The new definition will provide a basis for certifying renewable fuels of non-biological origin (RFNBOs) like hydrogen as green.

While it may seem clear-cut to link a project’s operations to clean energy sources, the specifics are important to make sure that “green hydrogen production does not cannibalize existing renewable energy generation, and instead operates under newly installed capacity,” explains RenewEconomy.

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Then start building massive wind-farms quickly in Canada. Is this why tax incentives are to be given for building turbines in Canada? Need large factories to be built and a substantial pipeline of projects both offshore and onshore, to make it viable.
 
 
President Joe Biden is due to arrive in Ottawa today for an official visit that officials say will include an agreement between the two countries to enhance co-operation in clean energy and technologies.
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