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Stock Market & Financial Investment News

News Breaks
May 5, 2014
08:38 EDTCPSTCapstone Turbine receives 5.2MW in orders from Electro Mecanique Industries
Capstone Turbine Corporation announced that it recently received multiple orders from its new distributor Electro Mecanique Industries for two flare reduction projects. The initial 5.2MW of orders secured by EMI will be utilized in a flare reduction capacity. The Capstone microturbines will burn the associated gas that is currently being flared in order to reduce emissions and provide on-site power generation for the local oil and gas operations.
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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