Capstone Further Penetrates Pharmaceutical Market With 2MW Combined Heat and
Power Application in Northern California
CHATSWORTH, Calif., Dec. 17, 2013 (GLOBE NEWSWIRE) -- Capstone Turbine
Corporation (www.capstoneturbine.com) (Nasdaq:CPST), the world's leading clean
technology manufacturer of microturbine energy systems, announced today it
received an order for two C1000 microturbines for use in a combined heat and
power application at a pharmaceutical facility in Northern California.
Regatta Solutions, Capstone Turbine Corporation's west coast distributor,
partnered with Energy Systems Development to satisfy the electrical and
thermal demands of the pharmaceutical facility in Northern California. The
Capstone C1000 microturbines operate in dual mode, meaning they can run in
parallel with or separate from the electric utility grid. This ensures the
facility has secure and reliable power even during grid outages with no
operational downtime. Dual mode operation also provides the benefit of peak
shaving, which reduces utility costs during peak hours.Additionally, the
exhaust from the microturbines will be captured to provide steam and hot water
to the entire facility, raising the overall efficiency of the combined heat
and power system to almost 90%.
"It was a pleasure working with the Energy Systems Development team on this
opportunity.This project is another example of smart power application of
Capstone's product offering in delivering high energy availability and
operationally efficient energy solutions to manufacturers," said Steven
Acevedo, President and CEO of Regatta Solutions.
Energy Systems Development, an engineering, procurement, construction and
maintenance company based in Northern California, has been developing the
site, which is planned for commissioning in March 2014, for three years.When
the need for an energy solution that could provide secure power separate from
the grid and reduce operational costs during peak hours arose, Capstone
microturbines were the clear choice.According to Stu Chang, President and CEO
of Energy Systems Development, "I think that our engineering team, with help
from a real world integrator like Regatta Solutions, has created a blueprint
for the future of cogeneration.No longer do you have to make a choice between
stand alone or grid connect, you can have it all."Capstone microturbines, in
combination with Energy Systems Development's cutting edge design of heat
recovery units and rotary UPSs, create a truly mission critical power plant
that enhances facility operations and cuts utility costs.
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 7,000 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, 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 the use of our products in cogeneration
applications. 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
"Capstone" and "Capstone MicroTurbine" are registered trademarks of Capstone
Turbine Corporation. All other trademarks mentioned are the property of their
CONTACT: Capstone Turbine Corporation
Investor and investment media inquiries:
Press spacebar to pause and continue. Press esc to stop.