Large Southern California Egg Farm Adopts Clean-and-Green Capstone CHP Solution
June 08 2017 - 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 has secured an
order for nine C65 integrated combined heat and power (ICHP)
microturbines to upgrade a large chicken egg farm in Southern
California.
Regatta Solutions, Inc., Capstone’s distributor in
California, secured the order, which is expected to be commissioned
in December 2017. The customer selected Capstone microturbines for
their ability to lower their business’ total energy spend in an
environment-friendly way.
“Microturbines are well suited for agricultural
applications because they help round-the-clock businesses like
farms to lower their operational costs while meeting the world’s
most stringent emissions standards,” said Darren Jamison,
Capstone’s President and Chief Executive Officer. “From one of the
world’s largest milk producers in New England to large egg farmers
in California agricultural customers are more frequently solving
critical power needs with Capstone products that meet both their
sustainability goals and critical power needs without the risk of
power losses or extended downtime due to equipment maintenance,”
added Mr. Jamison.
The natural gas-fueled C65 microturbines will be
installed along with external gas compressors at two locations
within the farm and operate in dual mode, which allows the customer
to operate independently from, or with, the grid in a load sharing
capacity. The clean exhaust heat from the microturbines will be
used to produce hot water for the pasteurization process as well as
onsite cleaning purposes.
“This opportunity represents yet another smart
client example of how cogeneration is helping mid-market companies
to optimize energy efficiency, provide enterprise resiliency and
positively impact their sustainability initiatives,” said Steve
Acevedo, President and Chief Executive Officer at Regatta
Solutions.
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 has shipped approximately 9,000 Capstone
Microturbine systems to customers worldwide. These award-winning
systems have logged millions of documented runtime operating
hours. Capstone 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 9001:2015 and ISO 14001:2015 certified
company, Capstone is headquartered in the Los Angeles area
with sales and/or service centers in the United States, Latin
America, Europe, Middle East and Asia.
This press release contains "forward-looking
statements," as that term is used in the federal securities laws,
about the advantages of Capstone product and accessories offerings,
as well as their benefits in agricultural applications.
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.
Capstone Turbine Corporation
Investor and investment media inquiries:
818-407-3628
ir@capstoneturbine.com
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