Italian Wastewater Treatment Plant Adopts Capstone Microturbine for Onsite Renewable Power
September 20 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 received an
order for a C600 Signature Series microturbine to provide renewable
power for a wastewater treatment plant in Tuscany, Italy.
IBT Group, Capstone’s Italian distributor, secured the order,
which is estimated to be commissioned in early 2018. Capstone
microturbines were selected because of their eligibility to receive
incentive funding made available for Italian municipalities, as
well as their ability to reliably reduce energy costs while
producing ultra-low emissions.
“This is the first installation of Capstone’s new, smaller
footprint, C600 Signature Series microturbine in Italy,” said
Ilario Vigani, IBT Group’s Chief Executive Officer. “Biogas
production through the organic fraction of municipal solid waste is
an increasing market in Italy, driven by the great work
municipalities are doing in terms of differentiated waste
collection. Capstone’s clean technology is the perfect solution for
sustainable onsite power production.”
The C600 Signature Series microturbine fueled by digester gas
will be installed in grid connect mode, which enables the customer
to operate with the utility grid in a load sharing capacity. The
wastewater treatment plant will produce a considerable amount of
biogas on a consistent basis by using a digester to process the wet
organic fraction coming from the nearby city of Viareggio. The
microturbine energy system will take this renewable fuel and
provide prime power to the plant, ensuring complete management of
the differentiated waste cycle.
“It's exciting to penetrate another new geography with our
flagship Signature Series product and particularly encouraging to
see the recent upturn in project opportunities start to translate
into new orders from Europe,” said Darren Jamison, Capstone’s
President and Chief Executive Officer.
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 Signature Series product offerings, penetration
of new geographic territories, and the increase in additional
project opportunities. 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 CorporationInvestor and investment
media inquiries:818-407-3628ir@capstoneturbine.com
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