Capstone Turbine Corporation develops, manufactures, markets, and services microturbine technology solutions for use in stationary distributed power generation applications, including cogeneration (combined heat and power (CHP), integrated CHP, and combined cooling, heat and power), renewable energy, natural resources, and critical power supply. The company’s microturbines could also be used as battery charging generators for hybrid electric vehicle applications. Its microturbines are sold, installed and serviced primarily through its global distribution network. Together the company offers new and remanufactured parts, as well as a Factory Protection Plan. Products The company offers microturbines designed for commercial, industrial, and utility users with product offerings ranging from 30 kilowatts (kW) to 1 megawatt in electric power output. Its 30 kW (C30) microturbine could produce enough electricity to power a small convenience store. The 65 kW (C65) microturbine could produce enough heat to provide hot water to a 100-room hotel while also providing approximately one-third of its electrical requirements. The company’s 200 kW (C200) microturbine is suited for hotels, office buildings, wastewater treatment plants, and others. By packaging the C200 microturbine power modules into an International Organization for Standardization sized container, the company has created a family of microturbine offerings from 600 kW up to 1 megawatt in a compact footprint. The company’s 1000 kW (C1000 Series) microturbines are suited for utility substations, commercial and industrial facilities, and remote oil and gas applications. Its microturbines combine patented air-bearing technology, advanced combustion technology and power electronics to form ultra-low emission electricity and cooling and heat production systems. The company’s microturbines could be fueled by various sources, including natural gas, propane, sour gas, and renewable fuels, such as landfill or digester gas, kerosene, diesel, and biodiesel. The C65 and C200 microturbines are available with integrated heat exchangers, making them easy to engineer and install in applications where hot water is used. The company sells complete microturbine units, subassemblies, components, and various accessories. It also remanufactures microturbine engines and provides after-market parts and services. The company’s microturbines are sold primarily through distributors and original equipment manufacturers (OEMs). Distributors purchase its products for sale to end users and also provide application engineering and installation support. Distributors are also required to provide various additional services, including engineering the applications in which the microturbines would be used, installation support of the products at the end users' sites, commissioning the installed applications, and providing post-commissioning service. The company’s distributors perform as value-added resellers. OEMs integrate the company’s products into their own product solutions. The company’s microturbines incorporate four major design features, such as advanced combustion technology; patented air-bearing technology; digital power electronics; and remote monitoring capability. Its products could operate connected to the electric utility grid as a current source; on a stand-alone basis as a voltage source; multipacked to support larger loads as a ‘virtual single’ unit; and in dual mode, where the microturbine operates connected to the electric utility grid or operates independently. The company offers various accessories for its products, including rotary gas compressors with digital controls, heat recovery modules for CHP applications, dual mode controllers that allow automatic transition between grid connect and stand-alone modes, batteries with digital controls for stand-alone or dual-mode operations, power servers for large multipacked installations, protocol converters for Internet access, packaging options and miscellaneous parts such as frames, exhaust ducting and installation hardware. It also sells microturbine components and subassemblies. Sales, Marketing, and Distribution The company primarily sells its microturbine product, parts, and service through distributors. Its target market in the Middle East and Africa is primarily oil and gas. Customers The company’s major customers include E-Finity Distributed Generation, LLC; BPC Engineering; Horizon Power Systems; and Electro Mecanique Industries. Research and Development For the year ended March 31, 2014, the company’s research and development expenses were $9.0 million. Intellectual Property Rights and Patents The company has obtained 105 U.S. and 37 international patents (in certain cases covering the same technology in multiple jurisdictions). The patents that it has obtained would expire between 2014 and 2027. Competition The company’s competitors include FlexEnergy and Turbec S.p.A. History Capstone Turbine Corporation was founded in 1988.
capstone turbine corp (CPST:NASDAQ GM)
21211 Nordhoff Street
Chatsworth, CA 91311
|American DG Energy Inc||$0.76 USD||0.00|
|Cyclone Power Technologies Inc||$0.0008 USD||-0.0001|
|EuroSite Power Inc||$0.71 USD||0.00|
|FuelCell Energy Inc||$1.28 USD||-0.02|
|Plug Power Inc||$2.61 USD||-0.04|
|View Industry Companies|
|Price/Cash Flow||NM||Not Meaningful|
Sponsored Financial Commentaries
To contact CAPSTONE TURBINE CORP, please visit www.capstoneturbine.com. Company data is provided by Capital IQ. Please use this form to report any data issues.