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Northland Power Inc T.NPI

Alternate Symbol(s):  T.NPI.P.A | T.NPI.P.B | NPIFF

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. It operates both onshore and offshore wind facilities in Canada and Europe, with a total annual production of more than 5,000 GWh. It has about 13 ground-mounted solar projects in Canada. The Company’s natural gas facilities use turbines to produce electricity. The Company also has an inventory of projects under construction and in various stages of development encompassing over 15GW of potential capacity.


TSX:NPI - Post by User

Post by BayWallon Mar 20, 2022 11:26am
113 Views
Post# 34529454

A Giant Awakens

A Giant Awakens
 
 
A potential source of value offered by wind projects in Canada is access to renewable energy credits, not available to large hydro generation. In addition, California’s proposed new law targeting 100% renewable energy by 2045, as well as Oregon’s 50% by 2040 renewable energy portfolio standard, offers BC Hydro an opportunity to think about its export product in a new way. We’re already seeing interest in the U.S. Northeast to bundle wind energy with hydro generation to meet state energy needs.
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