Toronto-headquartered Northland Power Inc. (TSX: NPI) announced on October 15, 2026, that all 73 turbines at Hai Long offshore wind project in the Taiwan Strait, are now installed and generating power.

Milestone Confirmed for One of Asia's Largest Offshore Wind Projects

The company described the achievement as a milestone that substantially advances Hai Long toward final completion and reduces the project's remaining construction risk.

According to the company, the project remains on track for final permitting approvals in the first half of 2027 as planned, with overall construction costs aligned with original expectations.

Leadership Points to Execution Capabilities

Christine Healy, President and Chief Executive Officer of Northland, said the completion of turbine installation and power generation across the entire project demonstrates the company's ability to safely execute complex, large-scale offshore wind ventures.

"This milestone reflects the dedication, expertise, and collaboration of our joint project teams, contractors, suppliers, and partners, who have worked together to advance one of Asia's largest offshore wind projects," Healy said. "Hai Long showcases our project execution capabilities and reinforces our ability to develop, construct, and operate energy infrastructure globally."

The company stated that the achievement builds on its nearly two decades of offshore wind experience across Europe and Asia and reinforces its disciplined approach and track record in developing, constructing, and operating large-scale energy infrastructure.

Project Ownership and Location

The Hai Long Project is being constructed by Northland, which holds a 30.6% stake, jointly with Mitsui & Co. at 40% and Gentari International Renewables Pte. Ltd at 29.4%. The project is located approximately 45 to 70 kilometres off the coast of Changhua County in the Taiwan Strait.

Once complete, the project will generate enough electricity to power more than one million Taiwanese households. The project is supported by a 30-year offtake agreement that provides contracted revenues intended to contribute to Northland's long-term cash flow generation.

About Northland Power

Northland Power describes itself as a Canadian-headquartered global power producer delivering electricity through offshore wind, onshore renewables, battery storage, and natural gas-fired generation. With offices in seven countries, the company owns, in whole or in part, 3.6 GW of gross operating generating capacity, 2.4 GW under construction, and an approximately 8 GW development pipeline.

Publicly traded since 1997, Northland's common shares and Series 1 and Series 2 preferred shares trade on the Toronto Stock Exchange under the symbols NPI, NPI.PR.A and NPI.PR.B, respectively.

Stay Ahead of Thailand's Power Sector Boom

Every gigawatt of new capacity across the Thailand begins with a project pipeline, and the companies that win are the ones that see it first. From grid modernization initiatives to mega solar farms in Thailand, early intelligence is the real competitive advantage.

The Global Project Tracking (GPT) platform by Blackridge Research gives power sector stakeholders real-time visibility into energy projects at every stage of development, helping you identify opportunities long before competitors even know they exist.

Whether you're an EPC contractor, equipment supplier, investor, or policy analyst, actionable project data can transform how you plan, bid, and grow in this dynamic market.

• Upcoming Projects

• Tender Notices

• Contract Awards

• Projects Under Construction

• Completed Projects

Book a free demo today and discover how the Global Project Tracking (GPT) platform by Blackridge Research can power your next big move in the Thailand energy market.