Capstone Turbine Corporation: Order for $6.4 Million
CHATSWORTH, California - Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world's leading clean-technology manufacturer of microturbine energy systems, announced that it recently received an order for 100 microturbines for $6.4 million from its Russian distributor BPC Engineering for a new pipeline project.
The 100 low-emission Capstone microturbines will be installed at modular power stations. All the microturbines will be fueled by untreated associated gas from well sites that otherwise would be flared. Associated gas utilization for power will allow the customer to avoid costly emissions penalties and to significantly reduce power costs at the oil field level. The electricity generated by the microturbines is expected to cover nearly all the energy needs of the oil field.
"Russian oil and gas producers continue to adopt Capstone's microturbine technology because of its inherent reliability and ability to burn associated gas that contains up to seven percent hydrogen sulfides without requiring treatment equipment," said Alexander Skorokhodov, BPC Engineering Chief Executive Officer.
"Russia is Capstone's top international oil and gas market," said Jim Crouse, Capstone's Executive Vice President of Sales and Marketing. "Russian oil and gas producers count on Capstone's high reliability, low emissions, and low maintenance costs," added Crouse.
About Capstone Turbine Corporation
Capstone Turbine Corporation (www.capstoneturbine.com) (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.
Capstone Turbine Corporation
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