Northland Power Inc (TSE:NPI) has reported improved Q1 earnings and revenues due to improved wind conditions and new capacity coming online. The company reported a net attributable profit of CAD 75.6 million ($55.5m/EUR 51m), a rise from CAD 69.9 million the previous year, and sales grew to CAD 754.9m. Sales from Northland’s offshore wind farms rose by 30% on the year to CAD 449 million due to generation improved across all offshore wind facilities and reduced unpaid curtailments related to negative prices in Germany. However, lower solar irradiation and decreased market revenue from the Spanish portfolio negatively impacted the company’s Spanish portfolio. Northland also reiterated its full-year forecast for adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) of CAD 1.2 billion-CAD 1.3 billion and adjusted free cash flow per share of between $1.30 and CAD 1,50.

Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating







