DALLAS, Oct. 20, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Capstone Turbine Corp. (Nasdaq:CPST). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
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Capstone Turbine Corp. (CPST) develops, manufactures, markets and services microturbine technology solutions for use in stationary distributed power generation applications, including cogeneration (combined heat and power (CHP), integrated combined heat and power (ICHP), and combined cooling, heat and power (CCHP)), resource recovery and secure power. In addition, its microturbines can be used as battery charging generators for hybrid electric vehicle applications. Microturbines allow customers to produce power on-site in parallel with the electric grid or stand alone when no utility grid is available. There are several technologies that are used to provide on-site power generation (also called distributed generation), such as reciprocating engines, solar power, wind powered systems and fuel cells. On February 1, 2010, the Company acquired the 100 kilowatt (TA100) microturbine product line from Calnetix Power Solutions Inc.
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In the report, the analyst notes:
"Earlier this month CPST announced that certain assets of Calnetix Power Solutions, a subsidiary of Calnetix Inc, have been acquired by GE. Included in GE's purchase of assets from Calnetix Power Solutions is the CPS 125kW Cleancycle. CPST has the exclusive right to distribute and integrate the Cleancycle product for microturbine applications, and pursuant to that agreement...
"CPST secured two separate orders in September for its low-emission microturbine systems... The company announced early in September an order for a C1000 Power Package from an independent oil and natural gas company exploring in the Piceance Basin in the United States."
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