Capstone Turbine Russian Distributor Further Diversifies Into CHP Market
February 04 2015 - 8:30AM
Capstone Turbine Corporation (www.capstoneturbine.com)
(Nasdaq:CPST), the world's leading clean technology manufacturer of
microturbine energy systems, announced today that Dune AST, a
popular Russian manufacturer of rubber footwear, upgraded its
facility with a natural gas fired Capstone microturbine power plant
in Astrakhan, Russia.
BPC Engineering, Capstone's Russian distributor, designed the
project and commissioned the site recently.
Dune AST sought out an efficient and reliable energy system that
required minimal maintenance and was environmentally friendly.
Capstone microturbines were chosen for their ability to meet these
needs while significantly reducing the company's energy costs.
The combined heat and power (CHP) plant consists of a Capstone
C600 microturbine with a heat recovery unit and two hot water
boilers. The plant operates in parallel with the local grid,
generating about 60 percent of the factory's energy. The
flexibility of the Capstone microturbines allows for irregular
daily load profiles in order to maximize efficiency, even when
operating at less than 50 percent total load.
Situated in an urban area, the power plant at Dune AST is
subject to a strict set of environmental standards. Because of
their clean exhaust, Capstone microturbines are fully compliant
with these standards and do not exceed NOx levels higher than nine
parts per million (ppm), which is 1/10 the emissions of traditional
reciprocating engines. In addition, the thermal energy from the
exhaust is captured to heat the factory space and provide hot water
on-site. Deployed in this CHP configuration, the microturbine plant
exceeds 80 percent system efficiency.
The cogeneration project was commissioned with the intent to
install an absorption chiller at a later date. This will allow for
combined cooling, heating and power (CCHP) operation to cool
manufacturing equipment and air condition workspaces during summer
months. Capstone microturbines can achieve up to 90 percent
efficiency in CCHP applications.
"BPC is experiencing growth in the sales of cogeneration and
trigeneration plants in the Russian manufacturing sector," said Jim
Crouse, Executive Vice President of Sales and Marketing at Capstone
Turbine. "Despite geopolitical constraints, BPC Engineering has
been successful in ensuring a secure and environment friendly
application with each and every project they commission," 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
approximately 8,000 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 growth of
the Russian market and success of BPC Engineering as a distributor.
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
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