Capstone Successfully Completes Track Testing of Kenworth Microturbine-Powered Hybrid Electric Truck
September 06 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
successfully completed track testing of a Kenworth Class 7 hybrid
electric work truck using its 65kW microturbine as an on board
range extender. The successful track testing confirmed both
high-speed performance as well as operation on 20 percent grades.
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/43227117-0cc4-4381-a34e-7cd464b33675.
“This is a very significant milestone in our joint development
program with Kenworth Truck Company, which is funded in part by the
South Coast Air Quality Management District and San Joaquin Valley
Air Pollution Control District,” said Darren Jamison, Capstone’s
President and Chief Executive Officer.
“The objective of this program is to demonstrate the
considerable fuel economy benefits, lower emissions and significant
reduction in greenhouse gas emissions of a microturbine-powered
delivery or work vehicle. Electric vehicles are excellent for the
environment, but the ability to save money from improvements in
fuel economy is critical to making these vehicles both sustainable
and cost-effective. Working with Kenworth has been very beneficial
for Capstone to further develop our technical and market expertise
in applying our technology to hybrid electric vehicles,” added Mr.
Jamison.
The Kenworth Class 7 work truck features a Capstone C65
microturbine that is installed onboard and operates on compressed
natural gas. The microturbine acts as a range extender to charge an
onboard 47 kWh Li-Ion battery pack, which in turn provides power to
the electric traction motors that propel the truck. The truck is
fitted with a refrigerated box body that uses electric power to
provide payload cooling while on the road, thereby eliminating the
need to operate a separate diesel engine generator set with its
associated fuel consumption and additional emissions. The
drivetrain is sized for urban delivery cycles but is capable of
achieving significant highway speeds as well.
Capstone has developed simulations to compare a
microturbine-powered hybrid electric vehicle’s fuel economy, NOx
and CO2 emissions to a conventional diesel-powered truck drivetrain
operating on city and rural delivery cycles. Simulated results for
low-mileage urban delivery routes indicate diesel equivalent truck
miles-per-gallon could be as much as three times higher for the
microturbine hybrid, with a corresponding reduction in greenhouse
gas of 65 percent and a reduction of NOx by more than 90 percent.
Capstone plans to begin customer demonstration testing later this
year as well as additional drive cycle testing to confirm predicted
performance.
“Electric vehicles are gaining market traction in buses,
automobiles and heavy duty trucks, and programs like this allow
Capstone to maintain its leadership position in the application of
microturbines in the growing electric vehicle industry,” said Jim
Crouse, Capstone’s Executive Vice President of Sales and Marketing.
“With recent announcements from major manufacturers such as Tesla
and Cummins that underscore the industry’s growing acceptance of
heavy-duty electric drivetrains, Capstone intends to be an active
participant in this emerging technology shift,” added Mr.
Crouse.
You can track current and future progress on this Capstone
hybrid electric vehicle project using the following web link:
https://www.capstoneturbine.com/news/in-the-news/detail/6610/a-capstone-c65-microturbine-provides-extended-range-by
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 over
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 our products in hybrid electric vehicles, such as
fuel economy, lower emissions, and lower green gas emissions;
timing of customer demonstrations and additional tests; and the
growth of the electric vehicle market. 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.
The photo is also available at Newscom, www.newscom.com, and via
AP PhotoExpress.
CONTACT: Capstone Turbine Corporation
Investor and investment media inquiries:
818-407-3628
ir@capstoneturbine.com
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