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Stock Market & Financial Investment News

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March 17, 2014
08:40 EDTCPSTCapstone Turbine receives C200 order in the U.K.
Capstone Turbine Corporation announced its first order out of the United Kingdom for a C200 natural gas microturbine to be installed at a Royal Air Force base. The microturbine will be used in a CHP district heating application with the electricity generated being connected into the Junior Ranks Mess. During the summer the microturbine will operate in isolation and provide all of the thermal output to cover the hot water requirement via the district heating system to six accommodation blocks and a rugby club. By utilizing the heat generated from the microturbine, they will no longer need to run the electric immersion heaters in each accommodation block throughout the summer. During the winter the microturbine will be the lead heat source and the two current 1.4MW boilers will provide additional input to provide the necessary heating. The estimated payback time for this project is less than 3.5 years.
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November 10, 2014
08:50 EDTCPSTCapstone Turbine secures C1000 order to upgrade pasta factory in Sicily
Capstone Turbine announced that it received an order for a C1000 microturbine to upgrade a food manufacturing facility for Sicilian pasta maker Tomasello. IBT Group, Capstone's Italian distributor, secured the order through Onda Energia, the local multi-utility energy service company, or ESCO, in Sicily. Tomasello's microturbine installation will work in parallel with the region's utility grid, providing improved energy management and reliability to the food manufacturer. The project is expected to be commissioned in early 2015.

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