Biogas-Fueled C30s to be Deployed in India Next Year
Biogas-Fueled MicroTurbine Energy Systems to Debut in India
CHATSWORTH, CALIF—Nov. 23, 2004— Los Angeles based Capstone Turbine (Nasdaq: CPST), the world’s leading manufacturer of microturbine energy systems, has been selected to provide a biogas-to-energy demonstration project in West Bengal, India.
The project, at a dairy farm, is expected to be online mid-2005. It will be the first installation of Capstone MicroTurbine™ energy systems in India.
“This will introduce microturbines as a clean, climate-friendly, decentralized energy generation technology option for India,” S.P. Gon Chaudhury, Director of the West Bengal Renewable Energy Development Agency, said last week at a memorandum of understanding signing ceremony attended by US Consul General George Sibley and Capstone representatives.
The project will encompass two new anaerobic digesters (which create biogas from manure), gas pre-treatment equipment, two Capstone C30 systems and a microgrid to export power.
“This cooperative agreement between Capstone, the US Agency for International Development, the US Asia Environmental Partnership and the regional government body of India will, we believe, serve as the first stepping stone to further deployments, particularly in converting waste gases in India into renewable energy,” said Capstone CEO John Tucker.
The dairy will use all of the thermal energy and about one-third of the electricity produced by the pair of microturbines. The remaining electricity will be distributed via a microgrid to a nearby village.
About Capstone Turbine
Capstone Turbine Corporation (Nasdaq: CPST) is the world's leading producer of low-emission microturbine systems. In 1998, Capstone was the first to offer commercial energy products utilizing microturbine technology, the result of more than ten years of focused research. Capstone Turbine has shipped more than 3,000 Capstone MicroTurbine systems to customers worldwide. These award-winning systems have logged more than 7 million hours of documented operation.
“Capstone Turbine Corp” is a registered trademark of Capstone Turbine Corporation.
All other trademarks mentioned are the property of their respective owners.
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This press release contains "forward-looking statements,” as that term is used in the federal securities laws, about Capstone's business, with regard to, among other items, expectations of deployments of its products in India, etc. Forward-looking statements may be identified by words such as "expect", "believe” and similar phrases. These statements are subject to numerous assumptions, risks and uncertainties that may cause Capstone's actual results to be materially different. These statements speak only as of the date of this release. Capstone disclaims any obligation to revise these statements hereafter.
A spec sheet on Capstone’s biogas-fueled microturbine is at:
Case studies of some other biogas-fueled arrays of Capstone MicroTurbine are at:
Contact: General Media Inquiries: Keith Field, 818-407-3615
Investor and Investment Media Inquires: Cynthia Martinez, 818-407-3643