Company Overview
- Headquarters
- 2321 4th Street, Suite 303, Berkeley CA
- Website
- principlepower.com
- Phone
- (510) 280-5180
- Employees
- 124
- Founded in
- 2007
- Industry
- Energy
Financials & Stats
Revenue
$50B
Who is Principle Power
Principle Power is a company based in Berkeley, California, with a workforce of 124 employees. The company boasts an annual revenue of $50 million. Principle Power specializes in energy technology and services, focusing on the development of its WindFloat® platform. This portfolio includes the WindFloat T and WindFloat F, designed to unlock offshore wind energy potential globally. Their technology allows projects to utilize the most advantageous wind resources regardless of water depth or seabed conditions. Principle Power collaborates with various stakeholders, including developers, independent power producers, utilities, and EPCs, providing comprehensive support throughout project lifecycles. The company's installed capacity already stands at 75 MW, with an ambitious vision to reach 300 floating wind turbines by 2030. This "300x30" initiative aims to propel the floating wind industry into the gigawatt scale era. Principle Power has secured exclusive rights to supply its WindFloat® technology for commercial-scale projects in key floating wind markets, with a total of 10 GW of projects currently under design contract. To learn more about Principle Power and their innovative solutions, visit their website at principlepower.com.
Principle Power Industry Tags
Companies Similar to Principle Power
Analyze industry trends and opportunities by examining competitors and companies comparable to Principle Power, including their performance metrics, financials, growth dynamics, and competitive benchmarks.
| Company Name | Revenue | Number of Employees | Location | Founded in |
|---|---|---|---|---|
| 50M | 4 | Singapore, | ||
| 50M | 13 | 2010 | ||
| 50M | 96 | 2006 | ||
| 50M | 3 | |||
| 50M | 25 | Sofia, CT |