Capstone Secures C800 and CC125 Order to Fuel Groundbreaking Renewable Energy Anaerobic Digester System
CHATSWORTH, Calif., June 3, 2013 (GLOBE NEWSWIRE) -- Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST), the world's leading clean technology manufacturer of microturbine energy systems, today announced it received an order from CleanWorld Partners, an internationally recognized technology innovator in anaerobic digestion technology and by-product utilization. The order includes a Capstone C800 Microturbine and Capstone Clean Cycle 125kW (CC125) waste heat-to-electricity generator.
Regatta Solutions, Inc., Capstone's distributor for California, Oregon, Washington and Hawaii, secured the order.
The grid-connected system will be installed this summer in a combined heat and power (CHP) application at an innovative organic-waste-to-renewable energy facility at a university nationally acclaimed as a sustainability leader.
The ultra-low emission C800 and CC125 will provide a portion of the site's electric load. All waste heat produced from operation of the C800 will heat an on-site digester and, along with waste heat from the digester, run the CC125 -- all without any need for additional fuel.
Biogas produced by the digester, which sits atop a landfill, will fuel the clean-and-green C800.
"CleanWorld has achieved widespread success in anaerobic digester solutions, significantly reducing greenhouse-gas emissions, with scalable and affordable solutions," said Michelle Wong, Chief Executive Officer of CleanWorld Partners. "Capstone microturbines align with our mission to implement effective renewable solutions that mitigate emissions and capture loss of energy through a waste and heat conversion process."
"Using this dynamic combination of the C800 and CC125 in a renewable energy anaerobic digester is the perfect example of how Capstone microturbines provide cleaner, more reliable, and cost-effective power solutions," said Jim Crouse, Capstone's Executive Vice President of Sales and Marketing. "The CC125's Organic Rankine Cycle (ORC) captures normally wasted heat from a variety of sources and turns the heat into clean-and-green electricity, which significantly raises a power-system's net efficiency."
The Capstone microturbines' reliability was a key factor for the purchase. "CleanWorld plans to resell electricity generated onsite under a Power Purchase Agreement to the university. It's critical that the system run without interruption," Crouse said.
"CleanWorld Partners is internationally recognized for its forward-thinking approach in the renewable-energy market," said Darren Jamison, Capstone President and Chief Executive Officer. "The company's innovation, paired with Capstone's clean-and-green technology, provides an unrivaled foundation that enables companies to meet their zero-waste initiatives."
About Capstone Turbine Corporation
Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST) is the world's leading producer of low-emission microturbine systems and was the first to market commercially viable microturbine energy products. Capstone Turbine has shipped over 6,500 Capstone Microturbine systems to customers worldwide. These award-winning systems have logged millions of documented runtime operating hours. 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 9001:2008 and ISO 14001:2004 certified company, Capstone is headquartered in the Los Angeles area with sales and/or service centers in the New York Metro Area, Mexico City, Nottingham, Shanghai and Singapore.
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This press release contains "forward-looking statements," as that term is used in the federal securities laws, about the reliability of our products and their use in the renewable energy market. Forward-looking statements may be identified by words such as "expects," "objective," "intend," "targeted," "plan" and similar phrases. These forward-looking statements are subject to numerous assumptions, risks and uncertainties described in Capstone's filings with the Securities and Exchange Commission that may cause Capstone's actual results to be materially different from any future results expressed or implied in such statements. Capstone cautions readers not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Capstone undertakes no obligation, and specifically disclaims any obligation, to release any revisions to any forward-looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.
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Released June 3, 2013