Capstone Secures Another 2MW Order for Flare Gas Reduction in California
CAPSTONE TURBINE (CPST)
Last capstone turbine earnings: 2/6 04:15 pm
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Source: GlobeNewswire
CHATSWORTH, Calif., Dec. 27, 2017 (GLOBE NEWSWIRE) -- Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST), the world's leading clean technology manufacturer of microturbine energy systems, announced today that it received an order for two C1000 Signature Series microturbines to power an oil and gas site in California. Cal Microturbine, one of Capstone’s distributors for California, secured the order. The oil and gas site is in a remote location with no access to the electrical grid. The reliable microturbines were selected for their ability to convert the associated gas, which is extracted along with the oil, into clean electricity to power critical on-site equipment. Additionally, California has some of the strictest air emissions regulations in the world. Capstone microturbines eliminate the need for expensive and environmentally unfriendly diesel engines to power the site, while simultaneously utilizing a “waste” product in the form of the associated gas, whic
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