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Northland Power Inc (Ontario) T.NPI

Alternate Symbol(s):  NPIFF | T.NPI.PR.A | T.NPI.PR.B | 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, 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 (Ontario)
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Post by BayWallon Apr 04, 2023 11:49am
137 Views
Post# 35378755

Short-term demand/long-term visions.

Short-term demand/long-term visions.On Northland's linkedin-With a company history as early movers. Our recent investments in our 1.6 GW Alberta solar portfolio, and the 225 MW Oneida Energy Storage Project in Ontario reflect that. Coupled with the #GreenHydrogen potential on the East Coast of Canada, we’re diversifying our energy mix as we balance short-term demand with long-term vision.

Northland is a strong partner and active member of the Canada-Germany Energy Partnership.

It appears that company is pursuing green hydrogen development on the east coast, not just windfarms. Germany and the others want green hydrogen/ammonia, but it will take time. Can't simply push a botton and everything magically happens. Plus the many billions it will cost.

Billion dollar tax credits will have to play a major role for Northland. No other way for hydrogen development.
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