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ACG Orange County Recognizes Regatta Solutions as a finalist for the ACG Annual Awards Gala!!

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From Left: Cassandra Simpson, VP Business Affairs, Steven Acevedo, President & CEO, Andrea Marr, Vice President Energy Services & Jeff Noble, Account Executive.

NEWPORT BEACH, CA–( May 5, 2016) – The Association for Corporate Growth Orange County chapter (“ACG-OC”) nominated Regatta Solutions as a finalist in consideration for the Green/Sustainability award.  This celebration highlighted Orange County’s best performing companies’ organizations at the 22st Annual Awards Gala held at the Island Hotel in Newport Beach on May 4th, 2017.

The Categories for the awards include:

  • Growth Award
  • Reinventing Award
  • Spotlight Award
  • Corporate Responsibility
  • Green/Sustainability Award
  • Innovation Award
  • Founders Award
  • Startup Award

About ACG Orange County Founded in 1954, the Association for Corporate Growth is a global organization with 56 chapters involved in corporate growth, corporate development, and mergers and acquisitions. ACG’s 14,000 members include professionals from private equity firms, corporations and lenders that invest in middle-market companies, as well as from law, accounting, investment banking and other firms that provide advisory services.

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Regatta Solutions Supports AB36!

The Regatta Solutions team along with a number of Clients met with California Assemblyman Adrin Nazarian this last Friday at Capstone Turbine’s facility.  Leading the meeting was Capstone’s CEO Darren Jaminson.  We all were there to collectively support the legislative efforts of Assmblyman Nazarian with Assembly Bill 36 (AB36).

Capstone-Adrin-Nazarian

AB 36 is critical to furthering California’s pursuit of a clean energy future and ensuring that all advanced distributed generation (DG) technologies capable of meeting the state’s stringent environmental standards are allowed to compete on a level playing field.

Regatta Solutions and Capstone Turbine support the California Clean Distributed Energy Coalition.  This coalition is highly supportive of public policies that promote clean energy and technological innovation and we are committed to assisting California in the pursuit of its ambitious clean energy goals.  California’s overall energy demand is expected to double by 2050 concurrent with substantial increases in renewable energy penetration.  This rapid growth reinforces the importance of deploying affordable, innovative and clean energy generation technologies capable of facilitating renewables integration while maintaining reliability.  The DG technologies that Capstone Turbine manufactures provide affordable, clean, and resilient onsite power on par with the highest performing fuel cells on the market and may be particularly valuable in California, where energy costs are extremely high.  We are part of the broader clean energy solution and are ready to be deployed now to meet the state’s growing demand while providing critical environmental, economic and social benefits.

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Capstone C800S Microturbine to Power Large Pharmaceutical Company in California

capstone-auth-distr

CHATSWORTH, Calif., Nov. 03, 2016 (GLOBE NEWSWIRE) — Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today that its California distributor received an order for a C800 Signature Series microturbine to upgrade a large pharmaceutical company in Northern California.

Regatta Solutions, Capstone’s distributor in California, secured the order, which is expected to be commissioned in December 2016. The customer selected Capstone microturbines over reciprocating engines due to their ability to provide 24/7 secure power while also meeting strict Bay Area Air Quality Management District (BAAQMD) Best Available Control Technology (BACT) emissions levels, which allow the system to operate continuously and not just as a backup power source.

The natural gas-fueled C800S microturbine will be installed in dual mode to provide both prime and secure back up power for the facility. The electricity-only configuration will also mitigate first and second order power security threats, whether it be a utility grid failure or cut in fuel supply. Once installed, the microturbine energy system is expected to significantly reduce operating costs while also protecting highly sensitive manufacturing process loads. Additionally, the customer intends to expand their utilization of the microturbine by adding heat recovery equipment in 2017.

“We are seeing a growing number of companies that have created a multi-dimensional strategy to reduce greenhouse gas emissions while delivering smarter, more resilient electric power to their enterprises,” said Steven Acevedo, President and CEO of Regatta Solutions. “Large, highly technical manufacturing processes will continue to look for operational cost savings while complying with environmental regulation and maintaining secure power to their facilities. Capstone’s technology has the ability to do all three of these things,” added Mr. Acevedo.

“Pharmaceutical companies require a steady and reliable source of energy to develop their products as efficiently as possible and Capstone is dedicated to helping these businesses achieve high energy availability and operational efficiency while working toward their goals for long-term sustainability,” said Jim Crouse, Capstone’s Executive Vice President of Sales and Marketing.

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 has shipped approximately 8,800 Capstone Microturbine systems to customers worldwide. These award-winning systems have logged millions of documented runtime operating hours. Capstone 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 9001:2015 and ISO 14001:2015 certified company, Capstone is headquartered in the Los Angeles area with sales and/or service centers in the United States, Latin America, Europe, Middle East, China and Singapore.

This press release contains “forward-looking statements,” as that term is used in the federal securities laws, about further expansion into CHP applications, the advantages of our CHP applications, and their ability to provide secure power, reduce operating costs, protect sensitive manufacturing process loads, and meet emission levels. 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.

“Capstone” and “Capstone Microturbine” are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners.

View Full Article Here: Capstone-C800S-Microturbine-to-Power-Large-Pharmaceutical-Company-in-California

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Regatta Solutions secures 1.6MW Order for California Oil Company

Oil-and-Gas_Offshore_Rig_flareCHATSWORTH, Calif., Aug. 10, 2016 (GLOBE NEWSWIRE) — Capstone Turbine Corporation (www.capstoneturbine.com) the world’s leading clean technology manufacturer of microturbine energy systems, announced today that it recently received an order for a C1000 Signature Series microturbine and a C600 Signature Series microturbine for an oil and gas platform off the coast of California.

Regatta Solutions, Capstone’s distributor in California, secured the order, which is expected to be commissioned in December 2016. The customer chose Capstone microturbines for their price performance, proven reliability and experience in difficult offshore platform environments. Capstone microturbines also meet the local South Coast Air Quality Management District (AQMD) Best Available Control Technology (BACT) emissions level requirements, which helps to streamline the air emissions permitting process.

“This order is reflective of the efficiency optimization initiatives we are starting to see from our oil and gas clients who are focused on reducing their operations costs while simultaneously protecting the environment,” said Steven Acevedo, President and Chief Executive Officer of Regatta Solutions.

The associated gas-fueled C1000S and C600S microturbines will be installed in a combined heat and power (CHP) application and operate using the onsite associated gas stream to relieve the flaring requirement for the platform. Hot water, produced from the microturbine exhaust, will provide heating for the production process to reduce additional energy needs. The microturbines will provide power to site loads, lowering operating costs for the end customer.

“Despite the prolonged two-year slump in the energy industry, oil and gas producers are starting to look for creative ways to reduce their operational costs and meet increasingly stringent flaring requirements, which is positive for our business,” said Darren Jamison, President and Chief Executive Officer at Capstone. “Capstone is able to leverage its demonstrated success in the oil and gas market and deliver low-cost, highly reliable energy solutions to oil and gas operations around the world,” added Mr. Jamison.

 

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 has shipped approximately 8,800 Capstone Microturbine systems to customers worldwide. These award-winning systems have logged millions of documented runtime operating hours. Capstone 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 United States, Latin America, Europe, Middle East, China and Singapore.

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Regatta Solutions Joins Advanced Energy Economy (AEE)

AEE Member Badge

Regatta Solutions announced that the company has joined Advanced Energy Economy (AEE) as a Business Council Member. As a national association of business leaders who are making the global energy system more secure, clean, and affordable, AEE’s mission is to transform public policy to enable rapid growth of advanced energy companies. Business Council Members participate actively in and influence the direction of AEE’s initiatives.

“As a provider of both power generation and demand side energy management, we are excited to join a group of like-minded companies working to transform the energy landscape,” noted Andrea Marr, VP of Energy Services at Regatta Solutions.

According to AEE, “Advanced energy encompasses a broad range of products and services that constitute the best available technologies for meeting energy needs today and tomorrow. Among these are energy efficiency, demand response, natural gas electric generation, solar, wind, hydro, nuclear, electric vehicles, biofuels and smart grid. It’s all the innovations that make the energy we use more secure, clean, and affordable.”

With global energy consumption projected to rise nearly 40 percent by 2030, AEE engages in policy advocacy at the federal, state, and regulatory levels and brings CEOs together to address cross-industry issues.

More information about AEE and its projects can be found on the website.

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Capstone Microturbines to Convert Biogas Into Heat and Power for Irvine Water Recycling Plant

CHATSWORTH, Calif., March 4, 2015 (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 an order to upgrade the Irvine Ranch Water District’s Michelson Water Recycling Plant in Irvine, California with five C200 microturbines.

Regatta Solutions Inc., Capstone’s distributor in California, secured the order, which is expected to be commissioned in early 2016. Once commissioned, the microturbines will cleanly and effectively operate on the biogas, or “green waste”, produced on-site from digestion of biosolids.

Capstone microturbines will be installed in a grid connect configuration to provide electricity to the recycling plant in parallel with the local utility. The site will include a biogas conditioning skid to compress the plant’s biogas for use in the microturbine engines. The microturbines are deployed in a combined heat and power (CHP) configuration. The exhaust from the microturbines will be captured using heat exchangers to provide hot water for process heating the plant, thus reducing the need for natural gas and providing the highest system efficiency possible.

The Irvine Ranch Water District serves Central Orange County under the provisions of the State of California Water Code. The district provides high-quality drinking water, reliable wastewater collection and treatment, recycled water programs, and environment-friendly urban runoff treatment.

The Irvine Ranch Water District chose Capstone microturbines over reciprocating engines for their ability to meet local building and air emissions requirements as well as their proven field experience and service support. Capstone microturbines also meet SCAQMD BACT emissions levels that allow for a streamlined air emissions permitting process.

“Capstone microturbines offer redundancy and the ability to be sequenced to load follow automatically based on gas availability and the electrical loads at the site,” said Jim Crouse, Executive Vice President of Sales and Marketing at Capstone Turbine. “With Capstone microturbines, businesses are able to reduce operational expenditures while simultaneously helping their local community,” added Crouse.

Read the original release and full details on CapstoneTurbine

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Capstone to Upgrade Top Northern California Brewery With Two C1000 Microturbines

CHATSWORTH, Calif., March 2, 2015 (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 an order for two C1000 microturbines to upgrade a top Northern California brewery.

Regatta Solutions, Capstone’s distributor in California, secured the order, which is expected to be commissioned later this year.  Two Capstone C1000 microturbines will replace the aging natural gas fuel cells currently powering the California brewery. Capstone microturbines can seamlessly meet changing facility demands and are flexible enough to allow for irregular daily load profiles, which effectively maximizes efficiency and reduces operating costs.

“The brewery, like many of our clients, vetted multiple technologies, including traditional reciprocating engines. However, the Capstone solution presented the best option, offering a clean emission technology to act as the base load for a smart grid installation,” said Steven Acevedo, President and CEO at Regatta Solutions.

The two Megawatt combined heat and power (CHP) system will be integrated with the existing solar PV system in a microgrid application to provide reliable on-site power and the ability to export any excess power generated. In addition, thermal energy from the microturbine exhaust will be captured through cogeneration and transferred to heat exchangers to provide space heating and hot water.

With Capstone’s patented emission technology, operations at the brewery will meet the state of California’s stringent emissions standards without the need for expensive and unreliable exhaust after treatment equipment. The units will be commissioned in a CHP heat recovery configuration so the plant’s total system efficiency will exceed 80 percent.

“Businesses are continuously looking for ways to enhance their core processes and become more energy efficient, reduce costs and be good stewards of the environment,” said Jim Crouse, Executive Vice President of Sales and Marketing at Capstone Turbine. “Capstone microturbines are the ideal solution, helping businesses achieve energy independence by providing clean, reliable power at a lower cost than the utility,” added Crouse.

About Regatta Solutions, Inc. www.regattasp.com
Regatta Solutions enables success for a cleaner tomorrow. Under the leadership of President and CEO, Steven Acevedo, Regatta Solutions is the exclusive Capstone Distributor covering California, Oregon, Washington and Hawaii. The company provides solutions for oil and gas, data centers, hospitality, manufacturing, healthcare, food and beverage production, property management, landfills, digesters, waste water treatment, and utilities. Superb after-market service is available with Capstone’s “bumper to bumper” Factory Protection Plan. Regatta Solutions 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.

Read the original press release as well as additional details on Capstone Turbine Corporation.

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Hotel Nikko Boosts Green Initiatives with Capstone Microturbine Cogeneration Power System

(San Francisco, CA)—February 23, 2015—Hotel Nikko San Francisco recently installed two Capstone C65 (65kW) microturbines to increase energy efficiency by simultaneously generating electricity for the building’s power and thermal energy for the hotel’s hot water supply. Known as Combined Heat and Power (CHP), or cogeneration, the exhaust heat captured from the microturbines is transferred to heat exchangers to be converted into thermal energy for hot water production.

The two low-emission, natural gas powered microturbines will generate over 1,000,000 kWh of electricity annually plus up to 830,000 BTU/hour for the building’s hot water needs. The microturbines are grid connected and California Air Resources Board (CARB) certified. The system provides energy and hot water for the 25 story, 532-room hotel which features luxury suites, abundant meeting space, restaurants, a 140-seat entertainment venue, indoor swimming pool, and a fitness center.

The cogeneration system was sold and commissioned by Regatta Solutions, Inc. of San Juan Capistrano, CA. Regatta Solutions is the West Coast distributor of Capstone Turbine. Mark Hauenstein of Technical Designs, Engineer and LEED (Leadership in Energy and Environmental Design) Project Administrator, provided project management for Takenaka Corporation (U.S.A.), the general contractor for the property. Installation was provided by Accu Temp Air.

As a nine-time EPA Energy Star Award Winner, Hotel Nikko maintains a long list of green initiatives that include water conservation, recycling, and composting. The cogeneration system allows Hotel Nikko to achieve several additional goals beyond reducing energy costs. With Capstone microturbines, the hotel can now maximize operational efficiency, as CHP requires less fuel to produce a given energy output. Producing power on-site also avoids transmission and distribution losses associated with traditional power generation. As a result of burning less fuel to produce each unit of energy, the CHP system will reduce both air pollution and greenhouse gas emissions. From a facilities standpoint, the microturbine system minimizes risk and decreases exposure to utility rate increases.

“The microturbine performance is part of Hotel Nikko’s overall strategy to reduce both our energy usage and carbon footprint,” noted Mr. Hauenstein.

The Capstone C65 microturbine is a UL2200/UL1741 approved package with integrated turbine and power electronics that uses natural gas to produce electricity and low emission, usable exhaust heat. The microturbine uses this fuel to produce electricity in parallel with the utility grid as supplemental higher efficiency power. Integrated Combined Heat and Power (ICHP) modules connected atop the microturbine units capture exhaust heat and convert the thermal energy to produce hot water. Heat Exchanger controls maintain the required outlet water temperature.

“Hotel Nikko’s environmentally conscious leadership should be a model for every hotel as this smart power project adds to its legacy as a premier facility serving the city of San Francisco,” says Steven Acevedo, President and CEO of Regatta Solutions.



I have a cogen question.




About Regatta Solutions, Inc. www.regattasp.com

Regatta Solutions enables success for a cleaner tomorrow. As the exclusive Capstone Distributor covering California, Oregon, Washington and Hawaii, the company provides solutions for oil and gas, data centers, hospitality, manufacturing, healthcare, food and beverage production, property management, landfills, digesters, waste water treatment, and utilities. Superb after-market service is available with Capstone’s “bumper to bumper” Factory Protection Plan. Regatta Solutions 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.

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For more information:

Michelle Haynes, Director of Marketing

Regatta Solutions, Inc.

(949) 350-5335  |  mhaynes@regattasp.com

Regatta Solutions

27122 Paseo Espada, Suite 901

San Juan Capistrano, Ca 92675

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Energy Efficiency and Infrastructure Upgrades: PACE Financing for Cogeneration Projects

Energy Efficiency and Infrastructure Upgrades: A New Financing Approach

Written By: Jonathan Pickering, Managing Director, K2 Clean Energy Capital, LLC

One of the main barriers for businesses to implement CHP energy efficiency projects is the scarcity of capital. Often projects with all but the shortest of returns are delayed. This blog post introduces an exciting new financing approach which eliminates the need for capex budget and can immediately improve net operating income (NOI). The Property Assessed Clean Energy (PACE) program is now fully operational in California and available for cogeneration projects. PACE leverages the property equity and provides up to 20-year financing for the upgrades through an assessment on the property taxes.

Cogeneration  microturbines can be financed with PACE, enabling an immediate NOI improvement for the building owner. Image: Courtesy of Capstone

Cogeneration microturbines can be financed with PACE, enabling an immediate NOI improvement for the building owner.
Image: Courtesy of Capstone

Highlights of PACE Financing

  • Financing is secured against the property valuation and not the business.
  • Zero cash down, Terms up to 20 years. No corporate guarantees.
  • Off-balance sheet. Immediate benefit to Net Operating Income (profitability)

The long term of the PACE financing lowers the semi-annual payments such that the energy cost savings and incentives realized from the upgrade projects can often turn the projects cash flow positive. In addition, the PACE bonds are off-balance sheet and are transferable when a property is sold.

Using PACE for Cogeneration

For cogeneration applications, we size the system to the consumption of gas per year. We recently reviewed a case in which the customer was using a gas boiler to heat a large swimming pool year round. The energy costs savings using a 65kWp cogeneration system were:

  • Savings
    • Electrical Savings: $36,400/year
    • Heat Savings: $45,700/year
  • Costs
    • Cogen system running costs: $53,500/year
    • Annual PACE payment: $25,800/year.

After the SGIP rebates and various tax deductions, the project is cash flow positive every year and saves over $60,000 in year one for a total of $450,000 of savings in ten years.

The PACE program has been in development across the nation for several years and is now established in California. Approximately $100 million of commercial PACE deals have been financed in the US in 2014 and we expect over $300 million of commercial PACE deals in 2015. K2 Capital is developing a number of cogeneration projects and actively working with Regatta Solutions, Capstone Turbine’s West Coast Distributor. With 20 year PACE financing, the projects are cash flow positive every year – immediately improving net operating income.

PACE is available for a large range of improvements in addition to cogeneration, including LED lighting, HVAC and controls, cool roofs, elevators and windows, as well as solar PV and solar thermal technologies, EV charging stations and building control systems.

Case Study Resources

Constance Pasadena

The dusitD2 Constance Pasadena qualified for
$6.85M in PACE financing. The project was completed in September, 2014.

 

About K2 Clean Energy Capital

K2 Clean Energy Capital, LLC, is a California-based engineering company with expertise in renewable energy generation, storage, and energy efficiency. K2 works with contractors and manufacturers on project development and provides turnkey PACE financing. We are accredited by the LA Better Building Challenge and executed the largest PACE project in the US in 2014.

We can be reached at jp@k2cleanenergycapital.com or by calling:

  • Jonathan Pickering, Managing Director (408) 893-8321
  • Steve Tsu, Managing Director (408) 348-0980
  • Susan Wise, VP Business Development 512 773 5098
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Steven Acevedo and Peter Moore to Present on Distributed Generation at EUEC, Monday February 16

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Steven Acevedo, President and CEO, Regatta Solutions, Inc.

Peter Moore, Principle Engineer, Yorke Engineering, LLC.

Peter Moore, Principle Engineer, Yorke Engineering, LLC.

The Energy, Utility, and Environment Conference, or EUEC 2015, will hold its 18th annual conference at the San Diego Convention Center on February 16-18, 2015. The event features nine tracks on environment and energy security projects and technologies.

The Renewable Energy track features five sections on distributed generation. Peter Moore, Principle Engineer at Yorke Engineering, and Steven Acevedo, President and CEO of Regatta Solutions, will present a session on Microturbine Distributed Generation and Permitting Update.

Topics include:

  • CARB distributed generation certification regulation
  • Permitting components
  • Emission limits
  • Office of Environmental Health Hazard Assessment (OEHHA) HRA guidelines
  • Average project payback times
  • Incentive programs
  • Project sizing
  • Overcoming hurdles to permitting, logistics, and financing.

 

For questions regarding the presentation or meeting at the conference, contact Michelle Haynes, Director of Marketing for Regatta Solutions, at (949) 350-5335 or MHaynes @ RegattaSP.com.


Download EUEC Brochure