Capstone to Provide Heat and Power to Syracuse VA Medical Center with Eight C65 Microturbines
January 27 2015 - 8:30AM
Capstone Turbine Corporation (www.capstoneturbine.com)
(Nasdaq:CPST), the world's leading clean technology manufacturer of
microturbine energy systems, announced today that it recently
received an order for eight C65 microturbines to upgrade the
Syracuse VA Medical Center (VAMC) in Syracuse, New York.
GEM Energy, Capstone's distributor in New York, secured the
order. The Albany office of CHA Companies is managing the design of
the power plant, which has been commissioned by the Department of
Veteran Affairs. Additionally, this is the second order from a
major New York health treatment facility within the past two
months.
The Syracuse VAMC chose clean-and-green Capstone microturbines
to improve their energy efficiency and grid reliability, as well as
reduce utility energy consumption. The eight natural gas powered
microturbines will be used in an integrated combined heat and power
(ICHP) application to produce 520kW of electricity and hot water
for the medical center. With project constraints around available
space for the CHP plant, Capstone's microturbines were a perfect
fit with the least amount of noise and vibration.
Capstone microturbines meet the strictest worldwide emissions
standards and are ideal for mission critical businesses looking to
utilize uncontaminated exhaust heat for cogeneration. The
microturbine system will provide the Syracuse VAMC a solid economic
return while reducing its carbon footprint and minimizing regular
maintenance.
"Hospitals are ideal applications for combined heat and power
systems since they require heat and electricity on a continuous
basis. The Capstone microturbines provide improved efficiency and
the added reliability and certainty needed for these facilities,"
said Hussein Shousher, President of GEM Energy. "Capstone
microturbines are the preferred combined heat and power solution
for hospitals like the VAMC in Syracuse, and we have recently
completed installations for other hospitals in New York, Ohio and
Michigan," added Shousher.
"Critical power supply facilities like hospitals and medical
centers require reliable power every day of the year," said Jim
Crouse, Executive Vice President of Sales and Marketing at Capstone
Turbine. "Capstone installed its first units at a Kaiser facility
in 2003, and an increasing number of hospitals and healthcare
facilities around the globe are selecting Capstone products to
provide power generation solutions that are not only reliable but
also cost-effective in today's more competitive and cost-conscious
healthcare environment," added Crouse.
About Capstone Turbine Corporation
Capstone Turbine Corporation (www.capstoneturbine.com)
(Nasdaq:CPST) is the world's leading producer of low-emission
microturbine systems and was the first to market commercially
viable microturbine energy products. Capstone Turbine has
shipped approximately 8,000 Capstone Microturbine systems to
customers worldwide. These award-winning systems have logged
millions of documented runtime operating hours. Capstone
Turbine is a member of the U.S. Environmental Protection
Agency's Combined Heat and Power Partnership, which is
committed to improving the efficiency of the nation's energy
infrastructure and reducing emissions of pollutants and greenhouse
gases. A UL-Certified ISO 9001:2008 and ISO 14001:2004 certified
company, Capstone is headquartered in the Los Angeles area
with sales and/or service centers in the New York Metro
Area, United Kingdom, Mexico City, Shanghai
and Singapore.
The Capstone Turbine Corporation logo is available
at http://www.globenewswire.com/newsroom/prs/?pkgid=6212
This press release contains "forward-looking statements," as
that term is used in the federal securities laws, about the
advantages of our CHP applications and use of our products in the
healthcare industry. Forward-looking statements may be identified
by words such as "expects," "objective," "intend," "targeted,"
"plan" and similar phrases. These forward-looking statements are
subject to numerous assumptions, risks and uncertainties described
in Capstone's filings with the Securities and Exchange Commission
that may cause Capstone's actual results to be materially different
from any future results expressed or implied in such statements.
Capstone cautions readers not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
release. Capstone undertakes no obligation, and specifically
disclaims any obligation, to release any revisions to any
forward-looking statements to reflect events or circumstances after
the date of this release or to reflect the occurrence of
unanticipated events.
"Capstone" and "Capstone MicroTurbine" are registered trademarks
of Capstone Turbine Corporation. All other trademarks
mentioned are the property of their respective owners.
CONTACT: Capstone Turbine Corporation
Investor and investment media inquiries:
818-407-3628
ir@capstoneturbine.com
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