TSX:NPI Forum Post | Possibleidiot01-36182008 | Hai Long update

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

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Milestone Achieved

Today, our HaiLong Offshore Wind Project and Siemens Gamesa held a ceremony to announce the official start of turbine production at the recently expanded Taichung Nacelle Plant. The upgraded production facility will manufacture Hai Long’s powerful 14MW turbines and is a crucial piece to achieving timely grid connection for the project. This announcement is a major step forward for Hai Long and demonstrates continued progress on the project’s construction.

It is expected that Hai Long will begin receiving turbines in the second quarter of 2025 and will begin offshore installation in the same year. With this, we remain focused and on track to complete Hai Long 2 by the end of 2025 and Hai Long 3 in 2026. Read more about today's announcement and the nacelle production facility here: https://bit.ly/3yt3Dcg

OffshoreWind RenewableEnergy

( by Siemens Gamesa)

Stacey Bell (She/Her) • 3rd+

Head of Legal ON APAC - Siemens Gamesa Renewable Energy Limited

Fantastic to see Hai Long reach this milestone and become a reality. Great achievement!

Mark Rogers • 3rd+

B2B SaaS sales | Business Development | Senior Account Management | Helping with Digital Transformation

18h

Many congrats on this milestone, we are very proud to be supporting this project

Wim Keen (He/Him) • 3rd+

Boosting Sales, Marketing & Recruitment for SMEs in wind energy. Passionate about success of SMEs in wind energy , KEEN on supporting SMEs in wind energy: IT IS MY NAME . Active & well connected worldwide.

3h (edited)

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