Principle Power News

 

Mocean's Wave Energy Device to Power Subsea Oil & Gas Ops

Nov 18, 2020

Edinburgh-based wave energy technology firm Mocean Energy has raised £850,000 (USD 1,1 million) to speed up the commercialization of its wave energy converter and deploy it to power subsea oil and gas equipment.The Scottish start-up has raised £612…

Aker Offshore Wind Beefs Up Stake in Floating Wind Firm Principle Power

Nov 18, 2020

Norwegian offshore wind services firm Aker Offshore Wind has increased its stake in Principle Power, a company developing foundations for floating wind farms.Aker Offshore Wind's stake in Principle Power will grow from around 20 percent to an expected 39 percent…

Most Powerful Floating Wind Turbine Installed

Nov 12, 2020

Offshore wind turbine manufacturer MHI Vestas has installed the first V164 9.5 MW turbine at the installation harbor for the Kincardine floating offshore wind farm. This is, according to MHI Vestas, the most powerful turbine in use at a floating wind project…

Floating Wind Tech Firm Principle Power Names CFO

Oct 22, 2020

Floating offshore wind farm technology developer Principle Power has appointed Paula Rosa as Chief Financial Officer effective immediately.Rosa, who will report to CEO João Metelo, has more than two decades of experience as a partner to executive teams…

ABS Grants AiP for Damen's Fast Crew Supplier for U.S. Offshore Wind

Oct 12, 2020

Maritime classification society ABS has granted its Approval in Principle for Damen Shipyard's Fast Crew Supplier 2710 crew transfer vessel aimed for deployment in the U.S. offshore wind industry.To achieve approval, Damen has modified the design of its standard FCS 2710 to meet the US requirements…

Hyundai Heavy's Floating LNG to Power Solution Gets BV Nod

Sep 14, 2020

South Korean shipbuilding giant Hyundai Heavy Industries' Floating LNG to Power solution - Hi-FL2P - has been granted an approval in principle certificate by the global classification society Bureau Veritas.‘Hi-FL2P’ has been described as an…

Principle Power Joins DeepWind Cluster

Aug 31, 2020

Principle Power, the developer of WindFloat - a floating wind turbine foundation - will join the DeepWind, a Scottish supply chain cluster, described as the largest offshore wind representative body in Scotland with over 400 members.According to the DeepWind cluster's website info…

World’s First Semi-submersible Floating Wind Farm Now Online

Jul 27, 2020

WindFloat Atlantic, dubbed the world's first floating semi-submersible floating wind farm, is now fully operational and has started delivering electricity to the Portuguese grid in full capacity.The 25MW wind farm, consisting of three wind turbines…

Simply Blue Energy Set to Develop 1GW Floating Wind Farm Off Ireland

Jul 07, 2020

Ireland-based offshore renewables company Simply Blue Energy is stepping forward with the development of a floating offshore wind farm of up to 1GW capacity in the Celtic Sea, offshore Ireland.The company has this week made an application to the Irish Department of Housing…

New Report Outlines Big Potential for Offshore Wind

Jun 16, 2020

Offshore wind currently represents just a small piece of the world’s energy supply. But that’s changing faster than ever before as new and existing players look to tap the huge resource potential—and market opportunities—being unlocked by shrinking costs and technological advances…

USA: Twelve Offshore Wind R&D Projects Selected for Funding

Jun 08, 2020

The U.S. National Offshore Wind Research and Development Consortium (NOWRDC) has selected twelve projects for contract negotiation, completing its first solicitation for offshore wind research and development technology projects. The twelve awards totaling $10…

Final Windfloat Atlantic Floating Wind Turbine Heads Offshore

May 29, 2020

The third - and final - floating wind turbine has been towed offshore as part of the Windfloat Atlantic project, located 20 km from Viana do Castelo on the Portuguese coast. The project, dubbed the first floating offshore wind farm in continental Europe…

Aker Solutions, Cognite Win $2M Grant for Floating Wind Farm Tech

Apr 15, 2020

California Energy Commission has awarded Aker Solutions and Cognite a $2 million grant for a project called NextWind Real-Time Condition Monitoring.The project is focused on next-generation solutions in wind through digitalization and aims to…

Dyna-Mac Bags FPSO Topside Work

Feb 25, 2020

Singapore-based oil and gas fabrication company Dyna-Mac has secured an in-principle from undisclosed clients to build FPSO topside modules.Dyna-Mac said Tuesday the fabrication contracts (in-principle) were awarded from both its repeat customer…

Europe Gets Testing Center for Offshore Wind

Jan 19, 2020

The first real-time maritime robot testing center for offshore wind in Europe is being established.The European Atlantis center will be in Viana do Castelo and involves an investment of 8.5 million euros. It is coordinated by INESC TEC, and…

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Bio-Sea Ballast Water Treatment for Siem Car Carrier Trio

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