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Capstone Receives C1000 Order for Business Center in Medellin, Colombia

CHATSWORTH, Calif., April 20, 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 a C1000 microturbine to upgrade five commercial buildings at “Centro Administrativo La Alpujarra” in Medellín, Colombia.

Supernova Energy Services S.A.S., Capstone’s Colombian distributor, secured the order, which is expected to be commissioned in October 2015.

Officially known as the José María Córdova Administrative Center, Centro Administrativo La Alpujarra is one of the most historic business centers in Medellín. The large urban complex of government buildings was originally built for the administration of the Antioquia department and Medellín municipality. Today the business center is also home to businesses including the National Tax Administration, the National Palace, and Teleantioquia, a regional television channel.

The natural-gas-fueled C1000 microturbine will be installed in a combined cooling heat and power (CCHP) application in order to supply primary power to five commercial buildings within the business center with electricity, hot water and chilled water. The microturbine will work in parallel with the local grid to produce 500 RT (refrigeration tons) using an absorption chiller and provide improved energy management and reliability to each connected building.

Capstone microturbines were chosen for their low emission profile and for holding the highest net efficiency rate at nearly 80 percent. Capstone is at the forefront of green building technology, ensuring that Centro Administrativo La Alpujarra will remain compliant with future emissions laws and green building best practices.

“Businesses are continuously looking for ways to improve their property value, reduce costs and become more energy efficient,” said Jim Crouse, Executive Vice President of Sales and Marketing at Capstone Turbine. “Capstone and Supernova are able to provide the ideal solution, to help customers in Columbia achieve economic and sustainability with a leading-edge technology,” added Crouse.

“Growth in markets like Central and South America is critical to Capstone’s future revenue growth and further diversifies and strengthens our global distribution channel,” said Darren Jamison, President and Chief Executive Officer at Capstone Turbine. “The underlying strength of our business continues to improve despite macroeconomic headwinds with the continuing maturation and diversification of our distribution channel, improving product reliability, new product features and growing worldwide turbine population driving a robust parts and service business,” added Jamison.

Original press release and full details on Capstone Turbine

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Capstone to Upgrade Plastics Manufacturing Plant in El Salvador With Microturbine Power

CHATSWORTH, Calif., March 23, 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 has secured an order to upgrade the Salvaplastic manufacturing plant in San Salvador, El Salvador.

This will serve as Capstone’s first project in El Salvador with hopes that it will encourage the development of future projects there. El Salvador is experiencing significant growth in its manufacturing sector despite a decline in the number of manufacturing plants that import and assemble components for export, also known as maquiladoras.

Senerco-Enertiva, Capstone’s distributor in Central America, secured the order, which is expected to be commissioned in August 2015.
A propane-fueled Capstone C200 microturbine will be installed in a grid connect configuration to provide electricity to the manufacturing facility in parallel with the local utility. The microturbine will be deployed in a combined cooling and power application which includes a direct exhaust absorption chiller for cold water production. In addition, the quiet operation and compact footprint of the microturbine will allow for a fast and easy installation, keeping capital costs low and ensuring rapid payback.

Salvaplastic is a quality plastics manufacturer committed to continuous improvement as well as being environmentally friendly in its manufacturing processes. Salvaplastic opted for a clean-and-green Capstone microturbine over reciprocating engine alternatives to reduce the overall cost of operation by improving efficiency. The cogeneration system will require minimal maintenance by the end user and won’t require any oil or lubricants for operation.

“As Capstone develops and strengthens its presence in Central America, we continue to leverage the demonstrated success of our combined heat and power projects worldwide,” said Jim Crouse, Executive Vice President of Sales and Marketing at Capstone Turbine. “This project is yet another example of smart power generation with a high efficiency energy solution for a customer looking to reduce their operational costs,” added Crouse.

“Success in new geographies and verticals is critical to Capstone’s success and continued growth and further diversifies and strengthens our global distribution channel,” said Darren Jamison, President and Chief Executive Officer at Capstone Turbine. “Growth in new markets like Central America, South America, Africa and the Middle East will be critical over the next couple of years as we transition from operating losses into sustained profitability,” added Jamison.





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