Principle Power
Renewable Energy • 
Emeryville, California, United States • 51-100 Employees
Company overview
| Headquarters | 2200 Powell St., Suite 950, Emeryville, California 94608, US |
| Phone number | +15102805180 |
| Websites | |
| NAICS | 221115 |
| SIC | 351 |
| Keywords | Project Management, Offshore Engineering, Offshore Wind Energy, Floating Wind Turbines |
| Founded | 2007 |
| Employees | 51-100 |
| Socials |
Key Contact at Principle Power
Principle Power Email Formats
Principle Power uses 5 email formats. The most common is {first name}{last name} (e.g., johndoe@principlepowerinc.com), used 50% of the time.
| Format | Example | Percentage |
|---|---|---|
{first name}{last name} | johndoe@principlepowerinc.com | 50% |
{first initial}{last name} | jdoe@principlepowerinc.com | 42.5% |
{first initial}{second initial} | jo@principlepowerinc.com | 1.5% |
{first initial}{second initial}{last name} | jodoe@principlepowerinc.com | 1.5% |
About Principle Power
Principle Power is a global leader in floating wind technology, providing full lifecycle engineering services that deliver reliable, de-risked, and bankable solutions. Principle Power works with developers, independent power producers, utilities, and EPCs to deliver integrated designs that minimize project risk and maximize energy output. The WindFloat® portfolio consists of four modular platform technologies optimized for turbines above 15MW and suitable for any supply chain setup. With 75 MW capacity in operation (the 25 MW WindFloat Atlantic in Portugal, and the 50 MW Kincardine Offshore Wind Farm in Scotland) and 30 MW under construction (EFGL in France), the technology has proven resilient in the challenging Atlantic and North Sea weather conditions, delivering more than 1 TWh of clean energy since WindFloat 1 was installed in 2011. Principle Power is working with customers and partners to commercialize floating wind in different regions with a robust project industrialization plan that emphasizes compatibility with existing manufacturing capacity, while also advancing a vision for purpose-built, automated WindFloat® factories to drive costs and schedule to a minimum. Principle Power offers unique, full-lifecycle services combining dedicated expert teams, validated design tools, and proven processes that have been refined based on real-world operational experience providing confidence from the earliest design phases. Principle Power has secured exclusivity to supply WindFloat® technology to commercial-scale projects in all key floating wind markets totaling 14+ GW of projects secured or under design contract.
Principle Power revenue & valuation
| Annual revenue | $5,103,312 |
| Revenue per employee | $56,000 |
| Estimated valuation?This valuation is estimated based on industry average for the Renewable Energy industry and current estimated revenues | $16,400,000 |
| Total funding | $22,000,000 |
Employees by Management Level
Total employees: 51-100
Seniority
Employees
Employees by Department
Principle Power has 66 employees across 12 departments.
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Number of employees
Principle Power Tech Stack
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PaaS
United Arab Emirates
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