Capstone Secures C600 Order From Sarlin Oy Ab for First C600 Landfill Project in Finland
CHATSWORTH, Calif., July 31, 2014 (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 its first order for a Capstone C600 to be utilized in a landfill project in Jyvaskyla, Finland.
Jyvaskylan Energia, a local energy company, sought a power generation solution that could operate on the gas from its landfill. In assessing their options, they required a low maintenance option that could operate reliably in the cold harsh environment. They also required a combined heat and power (CHP) solution that could utilize the thermal energy from the exhaust to provide district heating.
Located less than 600km from the Arctic Circle, Jyvaskylan Energia needed a rugged and reliable power generation option with proven operating experience in similar conditions. They also needed the equipment to be modular so that it could be easily expanded in the future to accommodate a growth in the output of gas from the landfill. Additionally, they required equipment that could operate on gas with low methane content. The Capstone C600 microturbine provides the perfect solution.
The gas from the landfill is filtered and dried before entering two large compressors that feed the C600 microturbine. The electricity generated is sold directly to the utility. The thermal exhaust energy is captured with an 850kW heat exchanger in a CHP application for district heating.
Sarlin Oy Ab, Capstone's exclusive distributor in Finland, engineered this full turnkey solution. The unmanned turbine plant will be monitored and controlled 24/7 from the Jyvaskylan Energia remote control room. The site is expected to be commissioned in the Spring of 2015.
"Utilizing the Capstone microturbine in landfill gas solutions demonstrates how we provide clean, reliable, and cost-effective power generation solutions to the renewable energy market," stated Jim Crouse, Capstone's Executive Vice President of Sales and Marketing. "With this demonstrated success, an increasing number of landfills across the world are turning to Capstone microturbines as their preferred clean and green energy solution."
About Capstone Turbine Corporation
Capstone Turbine Corporation (www.capstoneturbine.com) (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 approximately 7,000 Capstone Microturbine 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, United Kingdom, Mexico City, 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 the use of our products in landfill gas solutions. 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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Released July 31, 2014