Principle Power

OverviewSuggest Edit

Principle Power's enabling product, a floating wind turbine foundation called WindFloat, provides for siting of offshore wind turbines independent of water depth, thus exploiting the world's highest capacity wind resources. Deep-water offshore wind installations, to date, have not been feasible due to economic and technological limitations. Wind energy is recognized around the world as a mature and growing form of reliable renewable energy. Inherently insensitive to commodity markets, wind energy can satisfy global energy demands while maintaining price stability. Historically in the US and worldwide, wind energy's greatest barriers have been visual impact and transmission of energy to load centers. The WindFloat circumvents these historical barriers with an innovative and economic approach. Depth insensitivity allows placement of wind production facilities beyond the horizon while still maintaining direct transmission paths to loads centers via undersea cabling.
TypePrivate
Founded2007
HQBerkeley, CA, US
Websiteprinciplepowerinc.com
Employee Ratings4.2

Locations

Principle Power is headquartered in
Berkeley, United States

Location Map

Latest Updates

Employees (est.) (Sept 2021)105(+2%)
Cybersecurity ratingCMore

Key People/Management at Principle Power

João Metelo

João Metelo

Chief Executive Officer
Ralph Sahrmann

Ralph Sahrmann

General Counsel
Steven Barras

Steven Barras

Chief Technical Officer
Cornelius Drücker

Cornelius Drücker

Chief Operating Officer
Luis Manuel

Luis Manuel

Director
Mark Riding

Mark Riding

Director
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Principle Power Office Locations

Principle Power has offices in Berkeley, Emeryville, Aix-en-Provence and Lisboa
Berkeley, CA, US (HQ)
2321 Fourth St
Emeryville, CA, US
5901 Christie Ave #303
Lisboa, PT
Av. da República 18
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Principle Power Financials and Metrics

Summary Metrics

Founding Date

2007

Principle Power total Funding

$2.3 m

Principle Power latest funding size

$2.3 m

Time since last funding

13 years ago
Principle Power's latest funding round in May 2008 was reported to be $2.3 m. In total, Principle Power has raised $2.3 m
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Principle Power Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

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Principle Power Online and Social Media Presence

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Principle Power Frequently Asked Questions

  • When was Principle Power founded?

    Principle Power was founded in 2007.

  • Who are Principle Power key executives?

    Principle Power's key executives are João Metelo, Ralph Sahrmann and Steven Barras.

  • How many employees does Principle Power have?

    Principle Power has 105 employees.

  • Who are Principle Power competitors?

    Competitors of Principle Power include Polat Energy, Altaeros Energies and Pattern Energy Group.

  • Where is Principle Power headquarters?

    Principle Power headquarters is located at 2321 Fourth St, Berkeley.

  • Where are Principle Power offices?

    Principle Power has offices in Berkeley, Emeryville, Aix-en-Provence and Lisboa.

  • How many offices does Principle Power have?

    Principle Power has 4 offices.