Principle Power News


DNV Gives Thumbs Up to Moss Maritime's LH2 Ship Transport Solution

Sep 04, 2023

Moss Maritime, Norwegian company specializing in design and engineering services to the offshore energy industry as well as other ocean-based sectors and a subsidiary of Italy's Saipem,  has secured an Approval in Principle (AIP) from the classification…

Windstaller Alliance to Deliver FEED for World's Most Powerful Tidal Power Farm

Jun 30, 2023

Windstaller Alliance has been subcontracted to deliver the front-end engineering and design (FEED) for the subsea installation scope of the FloWatt Tidal Pilot to be installed offshore Normandy, France. This study is financed by the European…

Minesto's Dragon 12 Project Powers Forward with Cable Installation Completion

May 31, 2023

Tidal energy developer Minesto said Wednesday it had successfully completed the first phase of Dragon 12 (1.2 MW) offshore installation in Vestmanna, Faroe Islands. The 3.4 km main subsea cable was laid on the seabed, from the onshore grid connection point to the offshore installation node…

Floating Offshore Wind: EDP Group Transfers Stake in Principle Power to Ocean Winds

May 26, 2023

EDP Group agreed with Ocean Winds (OW), the joint venture created by EDP Renewables and ENGIE dedicated to offshore wind, to transfer EDP’s position in floating wind design firm Principle Power to OW.Principle Power is specialized in the design…

ABS Studies Near-Shore Green Hydrogen Production in Korea

May 09, 2023

ABS has signed an MoU with Korean industry leaders to produce a feasibility study for a near-shore floating platform for green hydrogen production and liquefaction.The partners include the Korea Institute of Energy Technology; HD Korea Shipbuilding and Offshore Engineering…

SOFEC Awarded AiP for Ammonia Transfer System

Apr 19, 2023

MODEC Group company, SOFEC, has been awarded Approval in Principle (AiP) by DNV for its newly developed ammonia transfer system that uses its CALM Buoy and Tower Mooring solutions.Refrigerated liquids such as ammonia and other e-fuels are increasingly…

ClassNK Grants AIP for Offshore Wind Vessel Conversion

Apr 14, 2023

Classification society ClassNK announced it has issued an approval in principle (AIP) for the conversion plan of the medium-sized self-elevating platform (SEP) vessel for the installation of large wind turbine generator (WTG) on a semi-sub floater in port jointly developed by TOA Corporation (TOA)…

Gazelle Wind Power Partners with WAM Horizon to Develop Floating Wind Pilot in Portugal

Apr 04, 2023

Gazelle Wind Power, a Dublin-based company that develops foundations for floating offshore wind farms, has partnered up with renewable energy developer WAM Horizon to accelerate the development of a pilot plant using Gazelle’s floating wind platform in Aguçadoura…

Approval Granted for Floating Wind Platform that Includes Fish Farm

Mar 28, 2023

China Longyuan Electric Power Group Corporation has received Approval in Principle from China Classification Society (CCS) for its floating wind foundation design that incorporates a fish farm.The concept aims to achieve multi-space, multi-level sharing of ocean space…

NH3 FPSO Concept: Floating 'Green' Ammonia Production gets DNV AIP

Mar 10, 2023

An industrial-scale concept for a floating production unit to produce green ammonia has secured Approval in Principle (AiP) from DNV, and the project is now ready to start the Basic Design phase.The NH3 FPSO concept is being developed by Netherlands…

Highland Council Grants Planning Permission for Pentland Floating Wind Farm's Onshore Infrastructure

Jan 26, 2023

Copenhagen Infrastructure Partners-led Pentland floating offshore wind farm has been granted planning permission in principle from Scotland's Highland Council for its onshore infrastructure.To be located 7.5km off the coast of Dounreay in Caithness…

First US Floating Wind Auction Closes

Dec 07, 2022

Five developers selected to build the first floating wind farms in U.S. federal watersTo support the California Energy Commission’s planning goals of 2-5 GW of offshore wind by 2030 and 25 GW by 2045 as well as a federal target to deploy 15 GW of floating wind by 2035…

Mainstream, Maple Power to Bid for Celtic Sea Floating Wind Farm Rights

Nov 29, 2022

Mainstream Renewable Power ('Mainstream'), a renewable energy company majority-owned by Aker Horizons, and offshore wind developer Maple Power are jointly exploring the upcoming Celtic Sea Floating Offshore Wind Tender in the UK, which will be launched in 2023…

Mainstream, Ocean Winds Sign Seabed Lease for 1.8 GW Floating Wind Farm Off Shetland

Nov 02, 2022

Mainstream Renewable Power and Ocean Winds said Wednesday they had signed a seabed lease agreement with Crown Estate Scotland to the value of £36million for the development of a 1.8 GW floating offshore wind farm off Shetland.The companies were…

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