Capstone Receives Orders Totaling 5MW from Distributor in Mexico for Key CHP
and CCHP Projects
CHATSWORTH, Calif., March 19, 2013 (GLOBE NEWSWIRE) -- Capstone Turbine
Corporation (www.capstoneturbine.com) (Nasdaq:CPST), the world's leading
clean-technology manufacturer of microturbine energy systems, today announced
that it received orders totaling five megawatts from one of its Mexican
DTC Soluciones Inmobiliarias SA de CV received the orders from industrial
customers in Mexico. Each of the systems sold will showcase the efficiency of
the Capstone microturbine technology by utilizing the waste exhaust in a
combined heat and power (CHP) plant.
The largest of the orders, a 2.6MW project for a combined cooling heating and
power (CCHP) plant, will be installed at the manufacturing facility of a
global leader in plastic and aluminum closure systems located in northern
Mexico.The exhaust from the microturbines will be used to produce both hot
and chilled water for the CCHP system.This multinational customer has dozens
of plants worldwide that could be candidates for additional microturbine
A 1MW project will be installed at a Mexican pharmaceutical manufacturer
located in Guadalajara.Since the microturbine is "dual mode," it will provide
the Guadalajara plant with power security even when the local power grid goes
An existing Capstone customer in central Mexico that specializes in
manufacturing packaging material will add a 200 kW microturbine to its
existing 600 kW microturbine CHP plant.The original plant was commissioned in
October of 2012.The unique modular design of the Capstone C1000 Series
solution makes expansion such as this very simple for the customer.
Lastly, a ceramic tile and flooring manufacturer will install three 65 kW
microturbines running on propane while utilizing the exhaust directly into the
facility's drying ovens.
"DTC has been a valuable partner for Capstone in Mexico," said Jim Crouse,
Capstone's Executive Vice President of Sales and Marketing."Their investments
into developing their Capstone business are truly paying dividends with this
recent group of high-profile orders."
"The microturbine is a great fit for what is happening in Mexico today," said
Alejandro Munoz, President of DTC."The Mexican manufacturing industry, like
that in the United States, is benefiting from cheap natural gas which allows
facilities to generate their own heat and power very efficiently and
economically.DTC is very pleased to be expanding its partnership with
Capstone at this exciting time."
DTC is expecting to commission all of these projects over the next six months,
thereby adding significantly to its installed fleet of microturbines under
service as well as the Mexican base overall.
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 over 6,500 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, Mexico City, Nottingham, Shanghai and Singapore.
The Capstone Turbine Corporation logo is available at
This press release contains "forward-looking statements," as that term is used
in the federal securities laws, about additional sales to DTC and increased
opportunities in Mexico. 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
CONTACT: Capstone Turbine Corporation
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