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Capstone Turbine Corporation (NASDAQ:CPST) announced a new order for a 600 kW Signature Series microturbine from a prominent medical equipment manufacturer in Mexico, set for commissioning in November 2020. This order aligns with Mexico's goal to generate 35% of its energy from clean solutions by 2024. The microturbine will be used in a combined heat and power application, achieving over 80% efficiency while significantly reducing emissions. The project is expected to cover 95% of the client’s electric needs, promising cost savings and a reduction in the carbon footprint.
Capstone Turbine Corporation (NASDAQ: CPST) announced two consecutive orders for its C200 microturbines, intended for a wastewater treatment facility and a water park in Poland. The C200S will utilize biogas for efficient heat and power, aiming for high energy efficiency and low emissions. The C200R will serve as the primary power source at the water park, known for its low noise and emissions, enhancing community benefits. Both projects received EU funding to support environmental initiatives. This marks a strategic move to expand Capstone's footprint in underserved markets.
Capstone Turbine Corporation (NASDAQ:CPST) announced two significant orders for its microturbine energy systems in Poland, including a C200S for a wastewater treatment facility and a C200R for a recreational water park. These projects, set for commissioning in early 2021, aim to enhance energy efficiency and reduce carbon emissions. The microturbines will operate on biogas and natural gas, respectively, benefiting from funding from the European Union. Capstone continues to expand its presence in underserved markets, aligning with its revenue growth strategy.
Capstone Turbine Corporation announced that its microturbine systems successfully operated during Tropical Storm Isaias, which caused extensive power outages in the New York tri-state area. With nearly 2.5 million people affected, Capstone’s systems provided emergency back-up power to critical sites, showcasing their reliability. Customers reported satisfaction with the performance during the storm, reaffirming the company's commitment to delivering low-emission and resilient energy solutions. Capstone has shipped nearly 10,000 units globally, saving customers approximately $219 million in energy costs this fiscal year.
Capstone Turbine Corporation (NASDAQ:CPST) announced the performance of its microturbine systems during and after Tropical Storm Isaias, which affected nearly 2.5 million people in the tri-state area. The storm resulted in significant power outages, yet Capstone’s systems provided reliable back-up power for critical operations in several locations. With nearly 700,000 customers still without power days later, Capstone's solutions were commended for their resilience. The company emphasizes the increasing demand for distributed power generation amid climate challenges.
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