This shared resource CRADA defines research collaborations between the National Renewable Energy Laboratory and Principle Power, Inc. and its subsidiaries (?Principle Power?). Under the terms and conditions described in this CRADA agreement, NREL and Principle Power will collaborate on the DEMOWFLOAT project, a full-scale 2-MW demonstration project of a novel floating support structure for large offshore wind turbines, called WindFloat. The purpose of the project is to demonstrate the longterm field performance of the WindFloat design, thus enabling the future commercialized deployment of floating deepwater offshore wind power plants. NREL is the leading U.S. Department of Energy (DOE) laboratory for the development and advancement of renewable energy and has a strong interest in offshore wind and the development of deepwater offshore wind systems. NREL will provide expertise and resources to the DEMOWFLOAT project in assessing the environmental impacts, independent technical performance validation, and engineering analysis. Principle Power is a Seattle, Washington-based renewable energy company that owns all the intellectual property associated with the WindFloat. In return for NREL?s support of the DEMOWFLOAT project, Principle Power will provide NREL with valuable test data from the project that will be used to validate the numerical tools developed by NREL for analyzing offshore wind turbines. In addition, NREL will gain experience and knowledge in offshore wind designs and testing methods through this collaboration. 2 This report is available at no cost from the National Renewable Energy Laboratory (NREL) at www.nrel.gov/publications. NREL and Principle Power will work together to advance floating offshore wind technology, and demonstrate its viability for supplying the world with a new clean energy source.