CAPSTONE GREEN ENERGY TO PROVIDE 16 MICROTURBINE UNITS FOR CALIFORNIA CUSTOMERS AS CALIFORNIA CONTINUES ITS SHIFT TO GREEN
Eco-friendly systems will reduce costs for businesses in agriculture and hospitality
VAN NUYS, Calif.–(BUSINESS WIRE)– Capstone Green Energy Corporation (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN), (“Capstone,” the “Company,” “we” or “us”), a global leader in carbon reduction and on-site resilient green Energy as a Service (EaaS) solutions, announced today that Cal Microturbine (www.calmicroturbine.com), exclusive distributor for California, Hawaii, Nevada, Oregon and Washington, has secured six orders for C65 microturbines throughout the state of California. The 16 C65 units will be installed for customers in the agriculture, oil and gas, and hospitality industries. The systems are expected to be commissioned in early 2023.
In all cases, Capstone’s microturbine technology was selected for its ability to reduce energy costs while providing reliable, low emissions power. The microturbines will be fueled by natural gas but are capable of running on a 30% hydrogen blend, when customers have access to such fuel blends in the future. For the hospitality application, the systems will be configured for Combined Heat and Power (CHP), allowing the site to capture waste heat from the units to provide cost-effective heating for various on-site applications.
“Providing clean, reliable, and low-cost power to our clients is the foundation behind Cal Microturbine’s model. We believe that Capstone microturbines have the perfect anatomical structure to protect companies from the increased cost of power, from grid unreliability, and to help propel businesses forward in their pursuit to operate greener. This basket of projects in various industries underscores that California’s energy market agrees,” said Cal Microturbine Chief Executive Officer, Ryan Brown.
“We continue to draw on our long history of advanced engineering to be a cutting-edge provider of clean energy solutions and technology through our multiple product lines, each helping different types of customers in California and around the world to meet their energy needs while boosting the reliability of their energy supply, improving predictability of energy costs and lowering their carbon footprint,” said Darren Jamison, Chief Executive Officer of Capstone Green Energy.