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Northland Power signs 30-year power purchase deal with TSMC for Hai Long offshore wind project in Taiwan.

Company Fundamentals
30 Apr 2026
GlobeNewsWire
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Bullish
pluang ai news

Northland Power has signed a 30-year Corporate Power Purchase Agreement (CPPA) with Taiwan Semiconductor Manufacturing Company (TSMC) for additional power from the Hai Long offshore wind project in Taiwan. The project, jointly developed by Northland, Mitsui & Co., and Gentari, has a total capacity of 1,022 MW across three sites. This new agreement extends the existing partnership and will have TSMC offtake 100% of the Hai Long 2A site's power once administrative procedures are completed in 2026. The deal strengthens the project's economics and supports Northland's focus on long-term value creation.

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Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

Global automotive microcontrollers market to reach $34.31B by 2035, driven by ADAS, electrification, and software-defined vehicles.

The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...

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TSMC boosts U.S. chip investment by $100B, plans four new 2nm fabs to expand advanced manufacturing.

TSMC boosts U.S. chip investment by $100B, plans four new 2nm fabs to expand advanced manufacturing.

Taiwan Semiconductor Manufacturing Company (TSMC) announced an additional $100 billion investment in its U.S. chip production, raising its total commitment to $265 billion. This funding will support the construction of four new fabrication plants usi...

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TSMC's Q2 profit jumps 23%, beating revenue and profit estimates with record high earnings.

TSMC's Q2 profit jumps 23%, beating revenue and profit estimates with record high earnings.

Taiwan Semiconductor Manufacturing Company (TSMC) reported a 23.4% increase in second-quarter profit from the previous quarter, surpassing analyst estimates. The company's net income reached NT$706.56 billion ($39.45 billion), a record high for the f...

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Tech and industrial giants drive strong Q2 growth with major revenue and income gains.

Tech and industrial giants drive strong Q2 growth with major revenue and income gains.

In Q2 2026, top contributors to growth included Taiwan Semiconductor Manufacturing, Alphabet, United Rentals, Apple, and Visa. Alphabet’s Google Search and Cloud segments showed robust revenue growth of 19% and 63%, respectively, boosting operating i...

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TSMC earnings preview shows strong growth amid AI chip demand surge

TSMC earnings preview shows strong growth amid AI chip demand surge

Taiwan Semiconductor Manufacturing Company (TSMC) is set to report earnings on July 16, 2026, with analysts expecting revenue around $39.85 billion, up significantly from last year due to high demand for AI chips. Earnings per share are forecasted at...

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