Tuesday, August 12, 2014

Capstone Turbine Corp. (CPST) Receives C1000 Order for U.S. Virgin Islands Resort

Today before the opening bell, Capstone Turbine, the world’s leading clean technology manufacturer of microturbine energy systems, announced its reception of a one megawatt C1000 order to power an exclusive resort in the U.S. Virgin Islands. Capstone Turbine’s distributor in the region, Energy Systems of the Caribbean, is the party responsible for securing the order.

The U.S. Virgin Islands-based exclusive resort had been powering its facility with a costly, dated, and inefficient diesel reciprocating engine. It has now opted to go with a one-megawatt microturbine fueled by cleaner and cheaper propane gas as an alternative. Exhaust from the microturbine will be used to drive a 250-ton absorption chiller, which will provide air conditioning for the facility, and the unit will provide a continuous, reliable source of power twenty-four hours a day, seven days a week.

The microturbine is reportedly able to run in parallel with local utility operations, which will give the resort greater flexibility and efficiency in its operations. The system will also generate strong cost savings over the long run, due to its high efficiency, low maintenance demands, and dependable performance. This clean energy solution will not require any lubricants or coolants for operation, reducing its maintenance costs and the resort’s environmental footprint.

“More and more customers are recognizing the value of using Capstone products to be more in control of their energy costs, while improving efficiency and reducing their environmental impact,” said Jim Crouse, Executive Vice President of Sales and Marketing at Capstone Turbine. “We are excited to see an increasing number of facility owners turn to Capstone solutions to power their business and achieving energy independence.”

For more information, visit: www.capstoneturbine.com

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