Principle Power Revenue and Competitors
Estimated Revenue & Valuation
- Principle Power's estimated annual revenue is currently $27.5M per year.
- Principle Power received $20.0M in venture funding in February 2009.
- Principle Power's estimated revenue per employee is $210,000
- Principle Power's total funding is $5.9M.
Employee Data
- Principle Power has 131 Employees.
- Principle Power grew their employee count by 1% last year.
Principle Power's People
| Name | Title | Email/Phone |
|---|---|---|
1 | CTO | Reveal Email/Phone |
2 | Chief Naval Architect | Reveal Email/Phone |
3 | VP Technology | Reveal Email/Phone |
4 | General Counsel | Reveal Email/Phone |
5 | VP, Engineering | Reveal Email/Phone |
6 | VP Business Development | Reveal Email/Phone |
7 | Head Procurement and Project Support | Reveal Email/Phone |
8 | Chief Technical Officer | Reveal Email/Phone |
9 | Chief Financial Officer | Reveal Email/Phone |
10 | Manager - Structural Engineering | Reveal Email/Phone |
Principle Power Competitors & AlternativesAdd Company
| Competitor Name | Revenue | Number of Employees | Employee Growth | Total Funding | Valuation |
|---|---|---|---|---|---|
#1 | $3.8M | 26 | -10% | N/A | N/A |
#2 | $6.4M | 38 | -12% | N/A | N/A |
#3 | $428.2M | 1426 | 41% | $5.6M | N/A |
#4 | $2.1M | 17 | 13% | N/A | N/A |
#5 | $104.2M | 397 | 7% | N/A | N/A |
#6 | $42.9M | 190 | 3% | N/A | N/A |
#7 | $59.8M | 259 | 7% | N/A | N/A |
#8 | $3.4M | 23 | 10% | N/A | N/A |
#9 | $6.6M | 39 | -7% | N/A | N/A |
#10 | $5.9M | 35 | -36% | N/A | N/A |
What Is Principle Power?
Principle Power is a technology developer focused on the deep-water (greater than 40m) offshore wind energy market. 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.
keywords:Cleantech,Energy,Finance,Oil & Gas,Solar Power,Wind Power
$5.9M
Total Funding
131
Number of Employees
$27.5M
Revenue (est)
1%
Employee Growth %
N/A
Valuation
N/A
Accelerator
Principle Power News
MADRID, April 27 (Reuters) - Global wind power group Iberdrola (IBE. ... rest of Europe's power system, clinched an agreement in principle...
The Lithuanian case thus demonstrates how a balance between principles-led and interests-backed foreign policy can ultimately bear fruit after...
Aker Offshore Wind has agreed to sell part of its share in Principle Power, Inc. to EDP Renovaveis, S.A. and EDP Ventures SGPS (jointly...
Other Companies in Berkeley
| Company Name | Revenue | Number of Employees | Employee Growth | Total Funding |
|---|---|---|---|---|
#1 | $15M | 131 | 0% | N/A |
#2 | $23.6M | 131 | 77% | N/A |
#3 | $19.1M | 132 | -4% | N/A |
#4 | $23.8M | 132 | 7% | N/A |
#5 | $24.1M | 134 | 15% | N/A |
Principle Power Funding
| Date | Amount | Round | Lead Investors | Reference |
|---|---|---|---|---|
| 2008-05-22 | $2.3M | Undisclosed | Article | |
| 2009-02-24 | $20.0M | First | Article |