US floating wind power pioneer Principle Power is positioning itself to expand a near-4GW project pipeline out exponentially in the next decade, with another almost 40GW under development now being scouted as the sector edges toward fully-fledged global industrialisation.

The company, which recently sailed out the a trio of its WindFloat units for continental Europe’s first floating wind array, the 25MW WindFloat Atlantic project off Portugal, has secured “technology exclusivity” for commercial-scale projects totaling 3.8GW,