Company History
Capstone Turbine Corporation ® is the world's leading producer of low-emission microturbine systems, and was first to market with commercially viable microturbine energy products. Capstone Turbine has shipped thousands of Capstone MicroTurbine systems to customers worldwide. These award-winning systems have logged millions of documented runtime operating hours.
18792997.56total fleet operating hoursMTBF: 14,000 (C60) and 15,300 (C30)
Capstone Turbine is a member of the U.S. Environmental Protection Agency’s Combined Heat and Power Partnership which is committed to improving the efficiency of the nation’s energy infrastructure and reducing emissions of pollutants and greenhouse gases.
A UL-Certified ISO 9001:2000 certified company,Capstone Turbine is headquartered in Chatsworth, California and has offices in New York, Mexico City, Europe, Shanghai and Tokyo.
The History of Capstone :
Since 1988, Capstone Turbine Corporation has earned industry recognition in the research, development, and field applications of advanced gas turbine-driven generator technology. The company’s flagship product is the Capstone MicroTurbine power generation system.
Key Dates in our History:
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1988 |
Company founded. |
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1989-92 |
Received contracts to develop components of turbogenerator technology from NASA, Ford Motor Company, Southern California Edison, Gas Research Institute, California Air Resources Board, and Southwest Research Institute. |
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1993 |
Secured major investment funding to initiate MicroTurbine development. |
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1994 |
Developed and tested prototype 24 kW MicroTurbine. |
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1996 |
Manufactured and placed 37 prototypes in the field (beta program). |
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1997 |
Capstone MicroTurbine used in the world’s first successful road test of a microturbine-flywheel powertrain for autos, and installed in an HEV bus and 2 HEV cars. |
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1998 |
After 2000 hours of field test with no performance degradation, the first commercial Capstone MicroTurbine system is sold. |
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2000 |
Capstone Turbine Corporation does an IPO and becomes a public company traded on NASDAQ: CPST. |
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2004 |
Capstone Turbine expands and opens an office in Brooklyn, NY. |
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2005 |
Global growth continues for Capstone Turbine Corporation and offices are opened in Tokyo, Shanghai, Milan, and Mexico City. |
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