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Stock Market & Financial Investment News

News Breaks
February 4, 2013
08:42 EDTCPSTCapstone Turbine receives 5MW follow-on order for an oil and gas producer
Capstone Turbine announced that it received a 5 MW follow-on order for a global upstream oil and gas producer. The five C1000 power packages will be installed in the Eagle Ford Shale play in Texas. This order increases this particular oil and gas producer's total Capstone fleet to 10 MW in the Eagle Ford play. Capstone distributor Horizon Power Systems secured both the initial order and this latest follow-on order for five megawatts.
News For CPST From The Last 14 Days
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October 1, 2014
08:36 EDTCPSTCapstone Turbine announces sale of C1000 in Republic of Slovenia
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September 18, 2014
08:35 EDTCPSTCapstone Turbine announces 2 MW order for offshore platform
Capstone Turbine announced that it received an order for two C1000 microturbines for an offshore oil and gas platform in Africa. The two C1000s will run on flare gas to power artificial lift equipment, more specifically electrical submersible pumps that are used to increase oil production. The artificial lift market was more than $9.2B in 2012 and is forecasted to grow to $16B in 2018. Africa and the Middle East are expected to represent 13% of this growth year over year.

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