Capstone: First C200 sold into Shanghai

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A 14-story high rise in Shanghai is the first in China’s largest city to use a clean-and-green C200 microturbine energy system from Capstone Turbine Corporation, the world’s leading microturbine manufacturer.

The low-emission, highly efficient, natural-gas microturbine from Capstone will be installed this summer to produce clean electricity for the Shanghai Shenergy Energy Center, along with thermal power providing air conditioning and hot and chilled water. Capstone’s distributor, Shanghai Aerospace Energy Co., sold the system and will oversee installation. The electricity will supplement power from the local utility, while the exhaust-heat energy generated by the compact C200 microturbine will be captured and run through two Yazaki absorption chillers.

The chillers will use the waste energy to heat or chill water for the building and provide efficient air conditioning. Combined Cooling Heating & Power (CCHP) is far more fuel efficient and environmentally beneficial than traditional utility power and boiler heating. The system in the Energy Center building will reach close to 75 percent efficiency – more than double the efficiency of the energy produced by the local coal-fired power plant.

“Shanghai’s interest in clean-energy systems has grown in recent years,” said Mr. Gao Dingyun, Vice President of Shanghai Aerospace Energy Co. “Our customers continue to show interest in innovative solutions that reduce greenhouse gases and improve efficiency. Capstone’s C200 microturbines are the answer to ensuring clean and reliable onsite power.”

"Worldwide interest in Capstone's C200 product has been strong since it was introduced over a year ago,” said Darren Jamison, Capstone President and Chief Executive Officer. “C200’s and our 1-megawatt C1000 systems have been sold in the United States, Europe, Russia and Australia. Asia is a key market for Capstone and selling our first C200 in a world class city like Shanghai is analogous to our first C200 sale in New York City. We have a number of our C30 and C65 microturbines in a variety of applications throughout Asia, and we continue to see significant interest for all our products but especially the C200 and C1000,” added Jamison.

The C200 product provides the same benefits of ultra low exhaust emissions, low noise emissions, low maintenance costs and industry leading reliability which have become the signature of all Capstone products. It features Capstone's patented oil free air bearing technology, remote monitoring and diagnostic capabilities, and integrated utility synchronization and protection. The small, modular systems allow for easy and low-cost installation.

About Capstone Turbine Corporation

Capstone Turbine Corporation (www.capstoneturbine.com) 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 more than 4,000 Capstone MicroTurbine(R) 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 9001:2000 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, Milan, Nottingham, Shanghai, Singapore and Tokyo.

This press release contains "forward-looking statements," as that term is used in the federal securities laws, about Capstone's plans for accelerating shipment of its C200 units and the benefits of the C200 product. 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.

"Capstone Turbine Corporation" and "Capstone MicroTurbine" are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners.


Contact:
Capstone Turbine Corporation
Investor and investment media inquiries:
818-407-3628
ir@capstoneturbine.com

Source: Capstone Turbine Corporation
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