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Key Markets Overview

A majority of the world’s population lives in coastal

geographic regions. In addition, electricity demands are rising steadily while the challenges of fossil-fuel pollution and energy security continue. Offshore wind resource development promises to contribute vast amounts of clean renewable energy to coastal communities around the world. Offshore winds can produce more energy as they are not encumbered by topographical features such as buildings or hillsides and afford a more consistent wind profile. Although recovering energy from offshore wind is slightly more expensive, the resource provides up to 50% more energy than nearby onshore winds. Principle Power is developing and designing projects, together with customers and partners around the world, and enabling offshore wind to reach its full global potential






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