Ocean Winds and Principle Power to develop WindFloat Atlantic offshore wind array off Portugal
Type: Partnership · Technology: Offshore Wind · Country: Portugal · Announced: 2026-09-15
Ocean Winds and Principle Power have formed a partnership to develop the WindFloat Atlantic offshore wind array off the coast of Portugal. The project leverages floating wind technology to harness renewable energy in the region. While specific capacity figures were not disclosed in the article, the initiative represents a material expansion of offshore wind infrastructure in southwestern Europe. The partnership combines Ocean Winds' development expertise with Principle Power's floating wind platform technology.
Analysis
On 2026-09-15 Ocean Winds and Principle Power announced a partnership to develop the WindFloat Atlantic offshore wind array off the coast of Portugal, with the financial value not disclosed. Ocean Winds is a Madrid‑based offshore wind developer and operator with active projects across Europe, Asia and Australia. Principle Power is a global provider of floating offshore wind technology and has installed 105 MW of its patented WindFloat semi‑submersible foundations.
Key points
- 2026-09-15 – partnership announcement
- Location – offshore wind array off Portugal
- Ocean Winds – Madrid‑based developer with projects in Europe, Asia and Australia
- Principle Power – provider of floating wind technology with 105 MW of WindFloat installed
Counterparties
- Ocean Winds (Partner)
- Principle Power (Partner)
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