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August 21, 2014
08:43 EDTCPSTCapstone Turbine announces follow-on order for 75 C65s from Horizon Power
Capstone Turbine announced that it received an order for seventy five C65 microturbines, scheduled for shipment through December 2014, from Horizon Power Systems for several U.S. Oil and Gas Customers. The order was placed by Horizon Power Systems, Capstone's distributor for the Eagle Ford, Permian, Barnett, Mancos, San Juan, and Wattenberg shale plays. Recognizing Capstone's demonstrated success in oil and gas operations, multiple customers are again choosing clean and green microturbine technology to power their production and compression operations. This order will expand Horizon's fleet to approximately 700 Capstone microturbines, the majority of which serve the demanding oil and gas market. The microturbines will provide prime power and serve all stages of oil and gas production including central processing station power, wellhead operation, transmission, and flare reduction.
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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