WindFloat® technology is proven – in fact, it is recognized as the industry’s most bankable and reliable foundation in the market. But we are just getting started. The floating wind sector is faced with the huge challenge of scaling up from 50 MW per year to 5 GW per year by 2030 – 100 times the current volume.
Principle Power is advancing the industry into the next phase of serial production and gigawatt scale projects through our ambitious “300x30” industrialization vision – a company-wide, guiding strategy that will help streamline fabrication and accelerate assembly to accommodate local supply chains around the world.
Principle Power is an advocate of ocean-based climate action. We believe in a sustainable blue economy that brings benefits to local communities, where multiple ocean users coexist with minimal impact on the environment. We work to support these efforts and are proud to share our learnings and insights with key stakeholders who share our vision.
Understanding, balancing, and responding to the varied and sometimes conflicting stakeholder priorities is an important part of how we work with our customers. Engaging with multiple stakeholders in continuous dialogue helps us to approach issues from a position of understanding to find suitable solutions and gain acceptance.
Floating offshore wind farms built with the WindFloat® technology can be located further away from the coast, reducing visual impacts as well as interactions with leisure and economic activities. We are passionate environmentalists and ocean enthusiasts; we design and operate our WindFloat® products with the utmost care for the environment.
Floating offshore wind projects build upon and further enhance local maritime industry and surrounding coastal communities, bringing about sustained high-skilled job creation and long-lasting investment in infrastructure.
We believe that our responsibility as a sector leader includes sharing knowledge and insights to help floating wind markets to develop and accelerate.
We currently work with committees within industry associations, research and academic institutions, and regional networks all over the world to create an enabling environment of policy and regulations that support the expansion of floating offshore wind and development of best practices for the industry.
For further information, please contact Principle Power’s Public Affairs Lead.
As a technology and engineering services provider, we rely on a healthy, capable, and competitive supply chain, as well as qualified infrastructure, to fabricate, assemble, and install our WindFloat® designs.
We apply our technical understanding, wide-ranging networks, and multi-disciplinary expertise to advise our customers towards the identification, evaluation, and selection of optimized project execution plans.
We maintain collaborative partnerships with the fabricators, component suppliers, installers, and EPCI contractors who will deliver our global pipeline of projects.
A skilled, robust, and innovative global supply chain is required to help us, and our customers, deploy the WindFloat® portfolio at a large scale in different market conditions. If you believe your offering could suit our technology and, most importantly, our vision and values, we want to hear from you!
Principle Power was founded in 2007 to unlock the massive deep water renewable energy potential of the ocean.
Principle Power comprises over 100 talented and passionate people spanning across more than 20 nationalities.
Our commitment to people and the environment
We take a leadership role in opening markets for, and expanding access to, floating offshore wind energy.
The WindFloat® advantagePerformanceFabricationInstallationInspection, Maintenance & RepairConnectionLocal CommunitiesEnvironment
ServicesProject Development SupportConcept and Pre-FEED DesignFEED and Detailed DesignProject Execution SupportInspect, Maintain & RepairEnd of Life Services