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Stock Market & Financial Investment News

News Breaks
February 6, 2013
08:41 EDTCPSTCapstone Turbine receives follow-on order for 30 C65s from U.S. oil, gas company
Capstone Turbine announced that it continues to expand its presence in the Eagle Ford Shale Play with another follow-on order for 30 C65 microturbines from a U.S.-based oil and gas exploration and production company. The oil and gas exploration and production company's operations are located primarily in the U.S. with natural-gas exploration and production onshore in the lower 48 states, onshore in Alaska, and offshore in the deep waters of the Gulf of Mexico. This latest order brings their total C65 fleet to approximately 150 microturbines. Most of the C65 units were purchased by the oil and gas producer's production division and are utilized for lease automatic custody transfer units. In addition, the company's mid-stream division has previously purchased seven C600s and one C800 making the company one of the largest Capstone users in North America. Capstone distributor Horizon Power Systems secured this follow-on order to support the exploration and production company's growing power needs in the Eagle Ford shale play.
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September 4, 2014
08:50 EDTCPSTCapstone Turbine announces 2 MW CHP order from Regatta Solutions
Capstone Turbine announced that it received an order for two C1000 microturbines to upgrade a technology innovation firm in Southern California. Capstone's distributor in California, Regatta Solutions, secured the two-megawatt order. The technology innovation firm conducted an analysis of their energy usage and decided it was time to upgrade to a more efficient and reliable power generation solution. After comparing various technologies, the firm chose Capstone's clean-and-green microturbines. The primary criteria in the decision making process were reliability, availability, cleanliness, and cost savings. The two natural gas fired C1000 microturbines are dual mode, meaning they can operate independently of the grid or work with the grid in a load sharing capacity. This ensures the firm is receiving the lowest electricity cost available at various times of the day and year. Additionally, the C1000's will be operating in a combined heat and power, or CHP, application. The clean exhaust from the microturbines will be captured via heat exchangers and will provide hot air and hot water to the facility. This boosts the overall efficiency of the firm's energy usage to greater than 80%.

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