Principle Power

The US Offshore Wind Industry Is Scheming For A Comeback

California is forging ahead with plans to construct a seaport hub for the US floating offshore wind turbine industry, despite the loss of federal funds for the project.

Principle Power Signs MoU with Shipyard HSG Sungdong to Advance Manufacturing of WindFloat® Floating Wind…

Principle Power has signed a non-exclusive Memorandum of Understanding (MoU) with HSG Sungdong to cooperate on engineering developments for mass production and assembly of WindFloat® technologies. The agreement furthers the development of a sustainable domestic supply chain in South Korea and supports the country’s ambition to achieve 14.3 GW of … [continued]