ReqoData
Renewable Energy 2026Updated

List of Floating Offshore Wind Turbine Developers

Comprehensive database of companies developing floating offshore wind platforms and projects worldwide, including technology providers, project developers, and platform designers advancing deepwater wind energy.

Available Data Fields

Company Name
Headquarters
Platform Type
Technology Name
Project Pipeline (MW)
Operational Capacity (MW)
Key Projects
Target Markets
Foundation Material
Water Depth Range (m)
Turbine Compatibility
Website

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CompanyPlatform TypeHeadquartersOperational Capacity
EquinorSparStavanger, Norway30 MW (Hywind Scotland)
Principle PowerSemi-submersibleEmeryville, CA, USA25 MW (WindFloat Atlantic)
BW IdeolBarge (Damping Pool)Marseille, France2 MW (Floatgen)
HexiconSemi-submersible (TwinWind)Stockholm, Sweden32 MW (TwinHub, CfD awarded)
X1 WindTLP (PivotBuoy)Barcelona, SpainPrototype tested (Gran Canaria)

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The Emerging Landscape of Floating Offshore Wind Developers

Floating offshore wind represents one of the most significant growth frontiers in renewable energy. With a global project pipeline that expanded to 266 GW in 2024—a 9% year-over-year increase—the sector is attracting a diverse mix of oil & gas majors, pure-play renewables developers, and deep-tech startups. Yet only 278 MW of floating capacity was operational worldwide by end of 2024, underscoring the massive gap between ambition and deployment.

Platform Technologies at a Glance

TypeStabilizationDepth RangeKey Developers
SparBallast100–900 mEquinor
Semi-submersibleBuoyancy & mooring50–300 mPrinciple Power, Hexicon
BargeWaterplane area50–100 mBW Ideol
TLPTaut mooring50–250 mSBM Offshore, X1 Wind

Who Is Building Floating Wind?

The developer ecosystem spans three distinct segments:

Platform Technology Providers
Companies like Principle Power (WindFloat), BW Ideol (Damping Pool), Stiesdal (TetraSpar), and Gazelle Wind Power design and license floating foundation IP. Their value lies in proven hydrodynamic performance—Equinor's Hywind Scotland achieved a 54% capacity factor, while BW Ideol's Floatgen hit nearly 60%.
Integrated Project Developers
Energy majors including Equinor, Iberdrola, EDF Renewables, TotalEnergies, and Ocean Winds (EDPR/ENGIE JV) bring project finance, grid access, and offshore execution experience from fixed-bottom portfolios.
Specialist Floating Developers
Pure-play companies such as BlueFloat Energy, Hexicon, Flotation Energy, Corio Generation, and Mainstream Renewable Power focus exclusively or primarily on floating wind opportunities.

Key Markets and Pipeline

Europe dominates the near-term floating pipeline. The UK's ScotWind leasing round allocated multiple sites for floating wind, while France's first commercial-scale floating tenders attracted 13 pre-qualified consortia. South Korea, Japan, and the US West Coast (California and Oregon) are emerging as critical growth markets. Industry forecasts project 5–8.5 GW of installed floating capacity by 2030, scaling toward 90 GW by 2040.

Frequently Asked Questions

Q.How do you distinguish floating wind technology providers from project developers?

Technology providers design and license proprietary floating platform IP (e.g., Principle Power's WindFloat, BW Ideol's Damping Pool). Project developers finance, permit, and build wind farms using these platforms. Some companies, like Equinor and Hexicon, operate in both roles. Our dataset tags each company's role so you can filter accordingly.

Q.Does the dataset cover pre-commercial demonstrator projects?

Yes. Floating offshore wind is still an emerging sector, so many developers have only demonstrator-scale or pilot projects operational. The dataset includes companies at all stages—from prototype testing through commercial-scale development—with clear project-stage indicators.

Q.How is the data collected and how current is it?

When you request the dataset, our AI crawls public sources including company websites, regulatory filings, tender announcements, and industry databases to compile the latest information. This ensures you get current data rather than a static snapshot.

Q.Can I filter by specific floating platform technology (spar, semi-sub, TLP, barge)?

Yes. Each developer entry includes their platform type classification. You can filter by spar, semi-submersible, barge, tension-leg platform, or hybrid designs to match your technical requirements or investment thesis.