Principle Power appoints João Amaral as the new Chief Executive Officer, succeeding Julian Arrilaga Costa, who will remain in an advisory role until end-year to ensure a smooth transition.
João joins Principle Power after serving as Group Chief Technology Officer at the French Independent Power Producer Voltalia where he delivered the company’s global technology strategy across wind, solar, hydro, storage and biomass sectors. João brings more than 20 years of renewable energy experience leading diverse teams and complex projects from planning through deployment across continents which delivered value and built a strong track record. His experience and leadership will now drive Principle Power’s next phase of commercial growth in floating wind.
Bautista Rodríguez, Chairman of Principle Power, and COO of Ocean Winds, said: “João Amaral brings a proven track record in growth, technology, and industrialization that aligns with Principle Power’s ambition to keep making floating offshore wind a reality for the energy transition. The Board has full confidence in his leadership and in the talented teams already in place. This transition ensures continuity for our stakeholders and reinforces Principle Power’s position as floating wind enters a new phase of scale. We also thank Julian Arrillaga Costa for the significant progress Principle Power has achieved under his leadership and for his continued support during the transition.”
João Amaral, the newly appointed CEO of Principle Power said: “I am honored to step into the role of Chief Executive Officer at Principle Power. Floating wind is maturing and Principle Power is well positioned with proven execution and performance, backed by validated processes and methods, and an experienced team. We will continue to leverage our data advantage from 105 MW projects using WindFloat® to strengthen the competitiveness of Principle Power’s technologies and services. We will also build on our established supply chain alliances and industrialized technology base to continue reducing LCoE in line with cost curves seen in other renewable energy technologies. Principle Power enters this next phase of commercial growth from a position of strength and will continue to lead as floating wind scales.”
Building on the experience of the projects using WindFloat® designs – 25 MW WindFloat Atlantic, 50 MW Kincardine, and the 30 MW Les Éoliennes Flottantes du Golfe du Lion (EFGL) – Principle Power is working closely with clients, suppliers, and operators to plan the delivery of the first generation of 15+ MW floating turbines for wind projects in key wind markets.
These projects are supported by Principle Power’s industrialization plan that aligns with existing manufacturing capacity while preparing the technology for automated processes that strengthen project competitiveness and support the global expansion of the industry.
