- Nenuphar was founded in 2006 to design, build, and sell vertical axis floating wind turbines. It has over 40 employees based in France. - In 2014, Nenuphar installed the largest onshore vertical axis turbine in the world. In April of that year, AREVA and BPI France acquired a minority share in the company and provide technical support. - Nenuphar's technology uses vertical axis turbines on a spar floater design for offshore installations. This allows the turbines to tilt for improved performance and be located further offshore where winds are stronger and more consistent.