A win marks order 32 of C65 microturbines for Germany in the last six months
VAN NUYS, CA/ ACCESSWIRE / October 29, 2020 / Capstone Turbine Corporation (www. capstoneturbine. com) (NASDAQ: CPST), the world’s leading manufacturer of blank technologies of microturbine power systems, announced that it continues to succeed in Europe. cogeneration market with an order of nine C65 microturbines for a global manufacturer of advertising and advertising batteries and an automotive paint supplier. E-quad Power Systems, Capstone’s exclusive distributor in Germany and Luxembourg (www. microturbine. de), has obtained orders, which are expected to enter service in early 2021.
“It is wonderful to continue receiving orders for primary products despite the recent increase in COVID-19 cases worldwide, in addition to our recent initial monetary effects indicating that Capstone has generated positive liquidity through its operations during the following quarter,” Darren said. Jamison, president and CEO of Capstone Turbine. ” These thirty-two orders in the last six months have propelled E-quad to our third dealer in the last twelve months,” Jamison added.
Aimed at a production plant in Ellwangen, Germany, the first order for 8 C65 microturbines will be installed in a battery strength production plant that specializes in a wide variety of commercial and customer products and automotive, medical and electrochemical garage applications. it will be installed in a highly effective combined cooling, heat and electric power (CCHP) application that only supplies 520 kilowatts (kW) of electrical power, but also allows the use of exhaust force to heat and cool.
The order for a C65 microturbine will be installed at a commercial paint production plant in Velbert, Germany, and a high-pressure natural gas microturbine will be used to reduce energy prices and CO2 emissions from the plant. It is expected to maximize overall power and deliver significant energy savings to the customer.
Capstone Turbine’s state-of-the-art generation and modular design enable redundancy that allows the microturbine site to run continuously, including maintenance periods. Because each unit has only one moving part, maintenance prices are significantly lower than those of classic power systems.
“E-quad is very happy to have partnered with a global player in the battery market, a place and a leader in commercial painting. Over the past six months, we have sold an impressive number of Capstone microturbine systems, adding thirty-two C65 and one C400S systems to the developing cogeneration market in Germany,” said Marcus Mehlkopf, managing partner of E-quad Power Systems.
Cogeneration can bring many benefits to building a carbon-free society and is key to achieving the European Union’s goal of achieving carbon neutrality through 20five0. A recent study through Artelys found that there is a cost-effective perspective for cogeneration in the EU. as a flexible solution in a highly electrified, highly renewable and low-demand zero-emission energy formula. According to this study, cogeneration optimization, within the framework of the built-in energy formulas, can only lead to price relief of the power formula from 4. 1 to 8. 2 billion euros and has the prospect of CO2 emissions through four to five MtCO2 consistent with the year.
For customers with limited capital or short-term needs, Capstone offers leasing systems; For more information, contact: Rentals@capstoneturbine. com. To date, Capstone has shipped about 10,000 games to 83 countries and in fiscal year 20 they stored consumers approximately $219 million in annual energy prices and 368,000 tons of carbon.
For more information about the company, visit www. capstoneturbine. com. Follow Capstone Turbine on Twitter, LinkedIn, Instagram, Facebook and YouTube.
“Capstone” and “Capstone Microturbine” are registered by Capstone Turbine Corporation. All other trademarks cited are the assets of their respective owners.
SOURCE: Capstone Turbine Corporation