Offshore Wind California’s Post

Read the article at Recharge News, “Principle Power and Aker among winners in US Energy Department phase two floating wind prize,” by Tim Ferry—May 16, 2024. “Floating wind technology firm Principle Power and partner Aker Solutions joined four other winners of the US Department of Energy (DoE)'s phase two floating offshore wind readiness (Flowin) prize announced Wednesday. The Flowin prize is aimed at spearheading technology development and industrialisation of the evolving clean power source to meet President Joe Biden's administration's Floating Wind Shot target of 15GW of capacity and rapid cost declines of 70% by 2035. Principle Power-Aker joint venture (JV)'s fourth generation WindFloat triangular platform is already commercially deployed in three projects in Portugal and Scotland totalling 75MW. Operational projects enabled the JV ‘to extract highly valuable feedback from the supply chain to better enable project successes on the first wave of US West Coast projects,’ said Seth Price, vice president of technology & innovation for Principle Power. The US has five active floating wind leases under development off California… ‘The innovative concepts produced by the winners of this phase will help make the nation’s offshore wind goals a reality,’ said Eric Lantz, director of DoE’s Wind Energy Technologies Office…” Read the full story below and at this link. https://lnkd.in/gfa3jy8j #offshorewind #floatingwind #cleanenergy #renewables #climate #offshorewindca #pacificoffshorewindsummit

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