Capstone to Provide 1MW Microturbine for CCHP at Top-Ranked Pennsylvania College
September 21 2015 - 8:46PM
Capstone Turbine Corporation (www.capstoneturbine.com)
(Nasdaq:CPST), the world's leading clean technology manufacturer of
microturbine energy systems, announced today that it received an
order for a C1000 dual mode Power Package to provide thermal and
electrical power at a top-ranked, private Christian college in
central Pennsylvania.
E-Finity Distributed Generation, Capstone's distributor for the
Mid-Atlantic and Southeastern United States, secured the order,
which is expected to be commissioned in summer 2016.
After switching to natural gas due to recent propane shortages
in the area, the college needed a clean energy solution that would
provide year-round electrical power to the campus center, and
heating and cooling to various other campus buildings. Capstone
microturbines were chosen for their fuel flexibility, low emissions
and quiet operation. The on-site microturbine power plant is part
of a long-term clean energy project to help the college reduce its
carbon footprint and meet its sustainability initiatives.
The natural gas-fueled C1000 Power Package will be installed in
a combined cooling, heat and power (CCHP) application to produce
electrical power as well as hot and chilled water. The turbine will
operate in dual mode, which allows the customer to operate
independently of the grid or with the grid in a load sharing
capacity. With energy efficiency levels approaching 80 percent, the
college will soon benefit from having lower operating expenses,
minimal system maintenance and backup power capabilities.
"We are extremely pleased every time one of our
microturbines is delivered to a school or university,
especially those that invest in clean energy practices and
environmental awareness," said Jim Crouse, Executive Vice President
of Sales and Marketing at Capstone Turbine. "Capstone is dedicated
to helping these businesses work towards their goals for long-term
sustainability," 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
over 8,500 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 products. 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
INVESTORS:
Dian Griesel Int'l
Cheryl Schneider/Tom Caden
212-825-3210
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