About Principle power
Principle Power: Revolutionizing the Floating Offshore Wind Energy Market
Principle Power is a leading global technology and services provider for the floating offshore wind energy market. The company has been at the forefront of innovation in this field, developing cutting-edge solutions that are transforming the way we harness wind power.
Founded in 2007, Principle Power has quickly established itself as a key player in the renewable energy sector. The company's mission is to accelerate the transition to a low-carbon economy by providing reliable, cost-effective, and sustainable solutions for offshore wind energy production.
One of Principle Power's most significant contributions to this industry is its patented WindFloat® technology. This innovative system allows wind turbines to be installed on floating platforms rather than fixed foundations on the seabed. This approach offers several advantages over traditional offshore wind farms, including:
- Accessing deeper waters: WindFloat® enables turbines to be deployed in water depths of up to 100 meters or more, where fixed foundations are not feasible.
- Reducing installation costs: By eliminating the need for heavy-lift vessels and underwater construction work, WindFloat® can significantly reduce installation costs compared to traditional offshore wind farms.
- Improving efficiency: Floating platforms can adjust their position according to changing weather conditions and ocean currents, optimizing turbine performance and reducing downtime.
WindFloat® has already been successfully deployed in several projects worldwide. In Portugal's Atlantic coast, Principle Power partnered with EDP Renewables and ENGIE to install three WindFloat® units that generate enough electricity for around 18,000 homes annually. In Scotland's North Sea waters off Aberdeen Bay project called Kincardine Offshore Windfarm Ltd., five turbines were installed using this technology which will produce enough electricity for around 35k homes annually.
In addition to its technological innovations, Principle Power also provides a range of services that support clients throughout their projects' lifecycle. These include feasibility studies; engineering design; project management; operations & maintenance; decommissioning & recycling services.
The company prides itself on its commitment to sustainability and environmental responsibility. All its products are designed with minimal environmental impact in mind while maximizing energy output from renewable sources like solar panels or wave power generators when possible.
Principle Power has received numerous awards recognizing its contributions towards advancing renewable energy technologies globally such as "Best Renewable Energy Technology Company" at Global CleanTech Awards (2019), "Most Innovative Company" at Cleantech Forum Europe (2018), "Technology Pioneer" by World Economic Forum (2016) among others.
In conclusion,
Principle Power is an innovative leader in floating offshore wind energy solutions with proven track record delivering successful projects worldwide using their patented technology -Windfloat®, combined with comprehensive services throughout project lifecycle from feasibility studies through decommissioning & recycling services while maintaining high standards of sustainability practices making them one of best choices when it comes choosing partner for your next renewable energy project!