Principle Power

Principle Power develops and manufactures turbines for the offshore water wind energy markets. Read more

15 Followers on Owler
15 Followers on Owler
15 Followers on Owler
15 Followers on Owler

Principle Power

Principle Power develops and manufactures turbines for the offshore water wind energy markets. Read more

Joao Metelo's photo - President & CEO of Principle Power

President & CEO

Joao Metelo

CEO Approval Rating

88/100

Founded:

2007

Status:

PrivateIndependent Company

Est. Annual Revenue
Est. Employees
Sector

Renewable Energy

PRINCIPLE POWER TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

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Ideol is seen as one of Principle Power's biggest rivals. Ideol is headquartered in La Ciotat, Provence-Alpes-Côte-d'Azur, and was founded in 2010. Like Principle Power, Ideol also works within the Renewable Energy sector. Ideol generates 88% the revenue of Principle Power.

Naval Energies is seen as one of Principle Power's top competitors. Naval Energies was founded in 2016, and its headquarters is in Paris, Île-de-France. Naval Energies operates in the Renewable Energy industry. Naval Energies has 45 more employees than Principle Power.

Mainstream is one of Principle Power's top rivals. Mainstream is a Private company that was founded in Dublin, County Dublin in 2008. Mainstream operates in the Renewable Energy industry. Mainstream has 205 more employees vs. Principle Power.

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Is Invenergy a competitor of Principle Power?

Principle Power Acquisitions

No recent acquisitions found related to Principle Power

Principle Power Funding History

Since Principle Power was founded in 2007, it has participated in 3 rounds of funding. In total Principle Power has raised $25.6M. Principle Power's last funding round was on May 2020 for a total of $22.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Corporate Round
May 2020
$22M

Tokyo Gas Co., Ltd.

Grant
Sep 2019
$3.6M
Equity
Feb 2018
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Since Principle Power was founded in 2007, it has participated in 3 rounds of funding. In total Principle Power has raised $25.6M. Principle Power's last funding round was on May 2020 for a total of $22.0M

Principle Power Investments

No recent investments found related to Principle Power

Principle Power News

July 10, 2020Re News

Principle Power names new commercial chief

Principle Power names new commercial chief... See more »
May 28, 2020Windpower Monthly

Principle Power secures Tokyo Gas backing

Japanese natural gas company Tokyo Gas has invested $22 million in floating foundation firm Principle... See more »
February 3, 2020Offshore Wind

Principle Power Reveals New Brand Identity

Principle Power has unveiled a new brand identity and logo as part of a rebranding initiative that em... See more »
January 2, 2020Offshore Wind

Second WindFloat Atlantic Turbine Heads Home

The structure comprises a floating platform developed by Principle Power and an MHI Vestas 8.4MW turb... See more »
November 19, 2019Re News

Principle Power wins US grant for deepwater floater R&D

Principle Power wins US grant for deepwater floater R&D... See more »
November 19, 2019Offshore Wind

Deepwater Offshore Wind Mooring Project Gets US Grant

The U.S. National Offshore Wind Research and Development Consortium has selected a consortium led [..... See more »
November 4, 2019North American Windpower

25 MW Floating Offshore Wind Development Coming Online

The Windplus consortium, which is jointly owned by EDP Renováveis, ENGIE, Repsol and Principle Power ... See more »

Principle Power Press Releases

Principle Power Videos

January 17, 2017Principle Power Youtube Channel

"Principle Power, Inc. Windfloat" on YOUTUBE

Social Media

Principle Power Headquarters

5901 Christie Ave. Suite 303

Emeryville, California94608

510-280-5180

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Principle Power Summary

ABOUT

Overview

Principle Power develops and manufactures turbines for the offshore water wind energy markets. Principle Power was founded in 2007. Principle Power's headquarters is located in Emeryville, California, USA 94608. It has raised 25.6M in 3 rounds. The la...

CEO

Principle Power's President & CEO, Joao Metelo, currently has an approval rating of 88%. Principle Power's primary competitors are Ideol, Naval Energies & Mainstream.

Website

principlepowerinc.com

Frequently Asked Questions about Principle Power

  1. When was Principle Power founded?

    Principle Power was founded in 2007
  2. Who is Principle Power's CEO?

    Principle Power's CEO is Joao Metelo
  3. How much revenue does Principle Power generate?

    Principle Power generates $5.1M in revenue
  4. How much funding does Principle Power have?

    Principle Power has historically raised $25.6M in funding
  1. Where is Principle Power's headquarters?

    Principle Power's headquarters is in Emeryville California, USA
  2. How many employees does Principle Power have?

    Principle Power has 130 employees
  3. What sector does Principle Power operate in?

    Principle Power is in Renewable Energy
  4. Who are Principle Power's competitors?

    Principle Power's top competitors are Ideol, Naval Energies, Mainstream