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Stock Market & Financial Investment News

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August 18, 2014
08:39 EDTCPSTCapstone Turbine receives 9MW factory protection plan contract
Capstone Turbine announced that it has signed a Factory Protection Plan, or FPP, contract for nine C1000s increasing the total contract backlog for Capstone FPPs to a record of over $55M. This $55M in service backlog is in addition to the record $175M product backlog as of June 30. Horizon Power Systems, a leading energy supplier in the Oil and Gas market boasting a fleet of over 600 Capstone microturbines in operation, secured the FPP service contract to cover a major oil and gas producer's nine Capstone C1000 power packages at multiple locations.
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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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