Capstone Secures Follow-Up Order From Leading Global Pharmaceutical Company to Provide 1.4 MW of Clean Energy for Sensitive M...
January 16 2019 - 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
additional order from a leading global pharmaceutical manufacturer
for an additional C600 Signature Series microturbine with
integrated heat recovery.
Cal Microturbine, Capstone’s exclusive California distributor,
secured the C600S order to add to its existing C800 system to
provide a total of 1.4 MW of on-site clean and green energy for the
highly sensitive manufacturing process. The order for the C600S
also includes heat recovery which will not only provide an
additional 600 kW of highly redundant critical power but also
provide operational savings as the customer will use exhaust for
heating during the manufacturing process.
“This is an expansion of a previous power-only 800 kW order for
the same facility in Northern California,” stated Darren Jamison,
Capstone’s President and Chief Executive Officer. “Capstone’s power
electronics and redundant modular architecture allow customers to
increase on-site capacity in low-cost 200 kW increments to meet
very specific critical power and efficiency needs. This system
expansion includes a pre-engineered energy storage solution that
provides uninterrupted power output when the electric utility
source becomes unavailable,” added Jamison.
Whether manufacturing life-saving medications, medical devices
or other medical grade equipment, manufacturers require very
consistent, high quality and reliable power. Short interruptions or
voltage sags can cause inconsistencies or quality issues during the
manufacturing process of some pharmaceuticals.
“We are seeing increased interest in critical power applications
for sensitive manufacturing processes such as pharmaceuticals,”
said Jim Crouse, Executive Vice President of Sales and Marketing of
Capstone Turbine. “Customers are realizing that Capstone
microturbines can easily integrate with other green technologies
such as photovoltaic, wind and battery storage, to deliver critical
power while operating in high-efficiency CHP mode. These integrated
power solutions will provide energy savings and also all the
benefits of traditional UPS systems, but with a defined financial
payback,” 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 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 DQS-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.
For more information about the company, please visit
www.capstoneturbine.com. Follow Capstone Turbine on Twitter,
LinkedIn and YouTube.
Forward-Looking Statements
This press release contains “forward-looking statements,” as
that term is used in the federal securities laws. Forward-looking
statements may be identified by words such as “expects,”
“believes,” “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
Integra Investor RelationsShawn M.
Severson415-226-7747cpst@integra-ir.com
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