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Northland Power Inc (Ontario) T.NPI.PR.B


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

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

Post by BayWallon Sep 13, 2023 9:59am
122 Views
Post# 35633535

Easier said, than done.

Easier said, than done. This morning European Commission President Ursula von der Leyen delivered her annual State of the European Union speech.

President Von der Leyen announced a new ‘Wind Power Package’. And concluded: ”The future of our clean tech industry has to be made in Europe”. The European wind energy supply chain is struggling. Unless we change our policies, we could lose European manufacturing.

The EU and Governments have set ambitious targets – 420 GW of wind energy by 2030. But the reality in the wind industry does not reflect this ambition.

And the struggles of the European wind supply chain mean Chinese turbine manufacturers are now starting to win orders.

President Von der Leyen called the wind industry “a European success story”. But wind can become an even bigger success story for Europe.

Many more workers will be needed to build wind farms – translating into at least 200,000 extra jobs by 2030 and billions of investments in individual EU countries.
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