CHATSWORTH, Calif., Jan. 12, 2011 (GLOBE NEWSWIRE) -- Capstone Turbine Corporation () (Nasdaq:CPST), the world's leading clean technology manufacturer of microturbine energy systems, recently received two orders for a total of 25 C65 microturbines that will be installed in California.
Capstone Southern California distributor Regatta Solutions secured the two orders with 3 Phases Renewables, an Energy Service Provider certified by the California Public Utilities Commission. 3 Phases Renewables will install and commission the microturbines for two large California companies, then sell them the reliable, cost efficient electricity produced by the clean-and-green systems.
One project will use 20 Capstone CARB-certified High BTU waste gas C65 microturbines; the other project will utilize five of the same model C65s.
"Capstone microturbines produce ultra-low emissions that meet or exceed stringent emissions regulations established by the California Air Resources Board (CARB)," said Steve Acevedo, Regatta Solutions President and CEO.
"California's emissions regulations are among the strictest in the world," said Jim Crouse, Capstone's Executive Vice President of Sales and Marketing. "Capstone already has 30, 65 and 200-kilowatt clean-and-green microturbines certified to CARB and EPA stationary emission standards, and we continue to focus on these certifications to provide customers with the most environmentally friendly products possible."
Eric Hulin, Sales and Marketing Manager of 3 Phases Renewables, added, "We're pleased to secure the orders with Regatta Solutions. The Capstone microturbines will allow us to provide our customers with an on-site generation solution that produces clean and efficient energy at a highly competitive rate."
About Capstone Turbine Corporation
Capstone Turbine Corporation () (Nasdaq:CPST) is the world's leading producer of low-emission microturbine systems, and was the first to market commercially viable microturbine energy products. Capstone Turbine has shipped over 5,000 Capstone MicroTurbine(R) systems to customers worldwide. These award-winning systems have logged millions of documented runtime operating hours. Capstone Turbine is a member of the U.S. Environmental Protection Agency's Combined Heat and Power Partnership, which is committed to improving the efficiency of the nation's energy infrastructure and reducing emissions of pollutants and greenhouse gases. A UL-Certified ISO 9001:2008 and ISO 14001:2004 certified company, Capstone is headquartered in the Los Angeles area with sales and/or service centers in the New York Metro Area, Mexico City, Nottingham, Shanghai and Singapore.
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This press release contains "forward-looking statements," as that term is used in the federal securities laws, about lower operational cost, additional reliability, compliance with certain air quality regulations and the environmental advantages of our products. Forward-looking statements may be identified by words such as "expects," "objective," "intend," "targeted," "plan" and similar phrases. These forward-looking statements are subject to numerous assumptions, risks and uncertainties described in Capstone's filings with the Securities and Exchange Commission that may cause Capstone's actual results to be materially different from any future results expressed or implied in such statements. Capstone cautions readers not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Capstone undertakes no obligation, and specifically disclaims any obligation, to release any revisions to any forward-looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.
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