Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today that it received an order for three C800 systems and two C1000 systems for a total of 4.6 Megawatts for a large flare gas energy project in North America from Horizon Power Systems.
“The global slowdown in the energy industry is shifting customers away from exploration to an increased focus on lowering operating costs at existing assets and converting on-site flare gas to power generation. This is one way Capstone microturbines can be used to lower oil and gas users, monthly operational costs,” said Darren Jamison, Capstone’s President and Chief Executive Officer.
Horizon Power Systems is the exclusive Capstone Turbine distributor for Texas, Oklahoma, Kansas, Arizona, the Rocky Mountain States, Intermountain Regions, Gulf Coast States and the Western Provinces of Canada. The new orders will bring Horizon’s total fleet to more than 600 microturbines in operation.
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 over 8,600 Capstone Microturbine systems to customers worldwide.