Capstone Turbine: New Order From US-Hospital
Chatsworth - Capstone Turbine Corporation (www.capstoneturbine.com), the world's leading clean-technology manufacturer of microturbine energy systems, today announced that it sold a C1000 that will be installed at a major hospital in Massachusetts in a combined heat and power application.
"Hospital officials chose the C1000 microturbine rather than a traditional reciprocating engine because its maintenance is so much lower, it's quieter and it meets Massachusetts' strict emissions requirements," said Mike Guyder, service representative for EMCOR, the contractor that worked closely with hospital officials on selection of the power system.
"We like the Capstone product and will certainly specify it in future applications since it is clean, state-of-the-art technology," he continued. "We already have several other projects underway that may include microturbines."
Capstone's New England distributor, Earthwise Energy Technologies, which is headquartered in Pawtucket, Rhode Island, worked closely with EMCOR and associated engineers to provide technical support that decision makers used to select the microturbine. Earthwise also will commission the C1000 this fall.
When commissioned, the 1 megawatt natural gas microturbine will provide 1,000 kilowatts of electricity to help the hospital meet its growing energy needs. In addition, exhaust heat from the microturbine will be fed through three Cain heat recovery modules to produce steam and heat two hot water systems, which will greatly increase onsite energy efficiency and reduce overall carbon emissions by reducing the amount of natural gas used in the existing boilers.
"With our C1000 installed in a CHP application, the hospital will significantly increase its energy efficiency," said Darren Jamison, Capstone President and Chief Executive Officer. "Because of the system's high efficiency levels, the project received substantial funding from the local utility and qualified for renewable energy credits from the Massachusetts Department of Energy."
About Capstone Turbine Corporation
Capstone Turbine Corporation (www.capstoneturbine.com ) (Nasdaq:CPST - News) 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 5,000 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 9001:2008 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.
This press release contains "forward-looking statements," as that term is used in the federal securities laws, about the advantages of Capstone microturbines, the product performance and system efficiency for our customers. 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" and "Capstone MicroTurbine" are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners.
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