Capstone Turbine Receives Certification for Underwriters Laboratories (UL) Smart Inverter UL1741 Supplement A Interconnection...
April 04 2019 - 08:30AM
Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:
CPST), the world’s leading clean technology manufacturer of
microturbine energy systems, today announces that its Model C65,
C200, and C1000 systems are the first microturbines to be certified
to the Underwriters Laboratories latest UL 1741 Interconnection
Standard, Supplement SA.
UL1741 SA testing standard was created in response to the
California Rule 21 and Hawaiian Electric Rule 14H. These rules were
generated in response to the local increased presence of
distributed generation and require interactive grid support
functions. UL then derived the testing standard by which all
inverter-based energy technologies must comply. Through smart
inverter operation, the Capstone microturbine’s proprietary
electronics ensure seamless integration in supporting the
reliability and stability of the utility grid. New
distributed energy projects in California and Hawaii are required
to comply with UL1741 SA.
“Utility grid interconnectivity is a critical technical
capability supporting Capstone’s strategy for expanded deployment
of our microturbine based distributed energy products. Capstone’s
ability to comply with the various international and domestic
standards using common hardware and software shows the versatility
of our microturbine based technology,” stated Darren Jamison,
President and Chief Executive Officer of Capstone. “This
certification in California puts Capstone at the forefront of the
market and helps to further our ability to partner with various
microgrid project integrators,” added Mr. Jamison.
Capstone’s certification to the German BDEW and Italian CEI
Medium Voltage standards in 2015 paved the way for developing the
strategy, controls, and software behind the successful integration
of UL1741 SA. With the eventual publication of grid support
requirements by IEEE 1547, these grid reliability and stability
functions will be required nationally.
“Capstone’s inverter technology enables us to adapt quickly to
these certification changes and provide an all-inclusive power
solution without the need to purchase extraneous grid
interconnection equipment which would only add cost and reduced
resiliency,” said Don Ayers, Product Engineering Director at
Capstone. “The beauty of our Capstone proprietary technology and
implementation is that they can be rolled into existing systems
without any hardware changes. Backward compatibility is an
important feature considering these standards are continually
evolving,” concluded Mr. Ayers.
About Capstone Turbine Corporation
Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:
CPST) is the world’s leading producer of highly efficient,
low-emission, resilient microturbine energy systems. Capstone
microturbines serve multiple vertical markets worldwide, including
natural resources, energy efficiency, renewable energy, critical
power supply, transportation and microgrids. Capstone offers a
comprehensive product lineup, providing scalable systems focusing
on 30 kWs to 10 MWs that operate on a variety of gaseous or liquid
fuels and are the ideal solution for today's distributed power
generation needs. To date, Capstone has shipped over 9,000 of these
systems into 73 countries logging millions of operating
hours.
Capstone is committed to improving the efficiency of energy
needs around the world, while simultaneously reducing global
emissions of pollutants and greenhouse gases. Capstone’s systems
help end users improve their impact on the environment, while still
meeting power and reliability needs. During fiscal year 2019,
Capstone saved end-use customers an estimated $194 million in
annual energy costs and 314,000 tons of carbon.
Not only does Capstone enable customers to reduce CO2 and
emissions, Capstone applies the same principals to its own
environmental footprint and focuses internally on its environmental
risks, energy consumption, waste disposal and carbon footprint.
Capstone also strives to foster a corporate culture emphasizing its
relationship with employees, customers and suppliers in order to
ensure that Capstone’s corporate values are aligned with those of
its employees, customers and suppliers.
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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