Aker Solutions has invested in the floating wind Power technology company Principle Power to form a consortium to expand its position in offshore oil and gas engineering and enter the rapidly developing renewable energy market.

According to introducing, Aker Solutions has a good record in development of offshore oil and gas fields, especially the floating facilities, the cooperation will contribute to the Principle of the Power of the company's technology, offshore wind generator of floating dock WindFloat bring people a broader market.

Principle of the Power company WindFloat base can make wind turbines in wind resources, one of the most abundant sea and excluding water depth, its installation, operation and maintenance of the risk and cost, environmental impact has also been reduced. This innovative WindFloat base can restrain the waves and the movement of induction generator and the wind generator can be placed in the previously inaccessible location, depth can be more than 40 meters (130 feet), the wind resources are more abundant in these places.

There is market analysis pointing out that, with the global push to use lower carbon emissions, the capacity of offshore installations will more than double from 2016 to 2022.