Principle Power signs MoU with shipyard HSG Sungdong to advance serial manufacturing of WindFloat® floating wind foundations in Korea

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 offshore wind capacity by 2030.... Continue Reading →

Floating wind could transform offshore energy – but companies need to work together and embrace innovation

(Institution of Mechanical Engineers)According to the Global Wind Energy Council’s Global Wind Report 2024, installed offshore wind capacity surpassed 75GW at the end of 2023. But with ambitious targets set for 2050, the industry must look at ways to speed up planning and construction, and fine-tune operations and maintenance of existing assets. To reach the... Continue Reading →

Apollo and DOF Deliver Extensive Study on Floating Wind Installation Ops

(OE) Apollo and DOF, in collaboration with the ORE Catapult’s Floating Offshore Wind Centre of Excellence (FoWCoE), have delivered the study on GW-scale floating offshore wind installation methods. Installing a single, state-of-the-art floating offshore wind turbine (FOWT) represents a milestone in offshore marine operations. However, GW-scale floating wind farms will require approximately sixty FOWTs, which... Continue Reading →

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