Posts

, , ,

Capstone Secures 4MW Order for Major Australian Manufacturer

CHATSWORTH, Calif., Sept. 9, 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 four C1000 microturbines for a major Australian manufacturer. Optimal Group, Capstone’s Australian distributor, secured the order for the 4MW facility, which is scheduled to be commissioned in early 2016.

The four natural-gas-fueled 1MW microturbines will be installed in dual mode, which will allow the customer to operate independently of the grid or with the grid in a load sharing capacity. The microturbines will provide lower emission power and increased reliability to their manufacturing process. Capstone microturbines were chosen for their redundancy and suitability for further expansion. Other technologies cannot compete with Capstone’s speed of delivery and time to commissioning.

“Australia stands at the edge of a boom in manufacturing as major trading partners like China look to Australia for premium products,” said Craig Dugan, Chief Executive Officer at Optimal Group. “This fuels a lot of interest in the type of clean and reliable distributed power generation only Capstone can provide,” added Dugan.

Australia’s free trade agreement with China is expected to be in place by the end of the year, and the deal will make Australian products much more affordable there.
“Australia will grow significantly this year and help offset the slowdown in business we’ve received in Russia,” said Darren Jamison, President and Chief Executive Officer at Capstone Turbine. “Capstone has already matched the number of MW sold to Australia from last fiscal year, and we are excited to see our Australian distributor’s continued success within their market,” added Jamison.

, , ,

Andrea Marr to Speak at Distributed Energy Resources Seminar, March 12

The SoCalGas Distributed Energy Resources Seminar is hosting “DG/CHP/Storage, A Clean and Efficient Way to Reduce Energy Costs” at the Downey, CA, Energy Resources Center. Andrea Marr, Regatta Solutions’ VP of Energy Services, will be presenting on combined heat and power (CHP) in distributed generation applications.

Members of the Regatta Solutions team will be exhibiting at a booth and will be available to answer applications questions. Stop by and say hello! There is no cost to attend the seminar.

Date: Thursday, 03/12/15 09:00 AM – 03:00 PM

Register Here

Seminar Description:

Learn How Distributed Energy Resources (DG/CHP/Storage) Can Help Save You Money and Increase Your Energy Reliability

This seminar will focus on natural gas-fired technologies that generate power while also providing heating and cooling needs. Get the latest information on incentives, the market environment, technology developments and current policies and regulations affecting on-site generation.

Learn what steps to take in order to make the most informed decision about your particular application of Distributed Energy Resources.

Several equipment and technology vendors will discuss their experience with successful projects and demonstrations that prove the validity of distributed generation and combined heat and power for a variety of applications. Vendors include gas engine, fuel cell, micro turbine, turbine and energy storage manufacturers.

This seminar will be held at:

Southern California Gas Company
Energy Resource Center
9240 Firestone Blvd.
Downey, CA 90241

8:30 a.m. check-in and continental breakfast
Networking lunch provided

[divider scroll_text=”SCROLL_TEXT”]

I've Got a Cogen Question!
[divider scroll_text=”SCROLL_TEXT”]

, ,

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
, , ,

Steven Acevedo and Peter Moore to Present on Distributed Generation at EUEC, Monday February 16

2010_basic_copyright

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



, , , , , , , ,

Los Angeles Health Care Facilities to Implement Clean and Green Energy Production with Capstone CHP technology.

Los Angeles Health Care Facilities to Implement Clean and Green Energy Production with Capstone CHP technology.

Regatta Solutions’ secures an order for CHP Smart Power Solutions in two hospital facilities.

 

Mission Hills, California: Providence Holy Cross medical Center in Mission Hills steps up as a leader, setting an example by implementing smart microturbine technology in an effort to create a health care, sustainable hospital design, green energy, clean energy, CHPmore sustainable operation within their facility.

Two Capstone C800 Natural Gas fueled microturbines will be installed and used in a CHP (Combined Heat and Power) application to offset the facility’s electric base load in addition to providing steam and hot water, boosting their overall site efficiency.  “The Capstone micro- turbine opportunity that Regatta Solutions developed for our Providence Holy Cross Medical Center in Mission Hills, CA  hits the sweet spot of our energy management program:  it lowers operating costs, reduces impacts on community services, and contributes substantially to the Southland’s clean air goals”, said Richard Beam, System Director of Energy Management Services at Providence Health & Services.  Capstone Microturbines do not require lubricants or coolants and have few maintenance intervals, providing the hospital with low fixed operating costs.  In addition to low maintenance of equipment and broad range of benefits, Providence Holy Cross was also able to take advantage of California’s SGIP (Self-Generation Incentive Program), which provides incentives to support existing, new, and emerging distributed energy resources.

 

At a separate hospital location in Southern California, Regatta Solutions’ secured an order for a Capstone C1000 natural gas microturbine. This hospital location will be utilizing a CCHP (Combined Cooling Heat and Power) application, offsetting the electric base load while also utilizing the exhaust heat to provide absorption chilling.  This configuration in concert with California’s SGIP incentive reduced the payback period, creating a triple bottom line impact for environmental, social and economic benefits. “Healthcare facilities, such as Hospitals, operate 24 hours per day with continuous demands for electricity as well as hot water, steam, or chilling needs.  MicroTurbine technology makes good sense for facilities managers looking for equipment with low maintenance, high availability, and low emissions characteristics to address their energy needs”, said Mark Gilbreth, CTO at Regatta Solutions. This project qualified for over $500,000 in SGIP incentives, adding to the benefits associated with energy efficient turbine technology.

 

Regatta Solutions has established itself as a premier infrastructure consulting company providing client’s subject matter expertise and delivering environmentally friendly solutions related to distributed power generation.

Regatta Solutions Inc. is a Premier Capstone Distributor covering California, Oregon, Washington and Hawaii. Regatta’s professional services and product applications use proven methodologies to deliver efficiency and positively impact our customer’s bottom line.

Using Capstone Microturbine technology as a prime mover, Regatta Solutions provides cost effective environmental friendly energy solutions for prime power, secure power, peak shaving and stand-by energy requirements.

 

For questions, or to find out how your health care facility might benefit from microturbine technology,  please contact sales@regattasp.com for a free sample pay-back analysis.

, , , , ,

Capstone Further Penetrates Pharmaceutical Market With 2MW Combined Heat and Power Application in Northern California

Clean energy, Combined heat and power, Bloom, Techogen, CHP, Clean tech, LEED, Green Energy, off the grid, pharmaceutical, san francisco, energy solutions, regatta solutions, Capstone, Microturbines, Alternative energy, wind, solar, efficiency, utility savings, peak power shaving, energy demand, energy costs, reduce, natural gasm dual mode, megawatts, MW CHATSWORTH, Calif., Dec. 17, 2013 (GLOBE NEWSWIRE) — Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today it received an order for two C1000 microturbines for use in a combined heat and power application at a pharmaceutical facility in Northern California.

Regatta Solutions INC, Capstone Turbine Corporation’s west coast distributor, partnered with Energy Systems Development to satisfy the electrical and thermal demands of the pharmaceutical facility in Northern California. The Capstone C1000 microturbines operate in dual mode, meaning they can run in parallel with or separate from the electric utility grid. This ensures the facility has secure and reliable power even during grid outages with no operational downtime. Dual mode operation also provides the benefit of peak shaving, which reduces utility costs during peak hours. Additionally, the exhaust from the microturbines will be captured to provide steam and hot water to the entire facility, raising the overall efficiency of the combined heat and power system to almost 90%.

“It was a pleasure working with the Energy Systems Development team on this opportunity. This project is another example of smart power application of Capstone’s product offering in delivering high energy availability and operationally efficient energy solutions to manufacturers,” said Steven Acevedo, President and CEO of Regatta Solutions.

Energy Systems Development, an engineering, procurement, construction and maintenance company based in Northern California, has been developing the site, which is planned for commissioning in March 2014, for three years. When the need for an energy solution that could provide secure power separate from the grid and reduce operational costs during peak hours arose, Capstone microturbines were the clear choice. According to Stu Chang, President and CEO of Energy Systems Development, “I think that our engineering team, with help from a real world integrator like Regatta Solutions, has created a blueprint for the future of cogeneration. No longer do you have to make a choice between stand alone or grid connect, you can have it all.” Capstone microturbines, in combination with Energy Systems Development’s cutting edge design of heat recovery units and rotary UPSs, create a truly mission critical power plant that enhances facility operations and cuts utility costs.

[social type=”facebook” opacity=”dark”]PLACE_LINK_HERE[/social]

Read more: http://www.nasdaq.com/press-release/capstone-further-penetrates-pharmaceutical-market-with-2mw-combined-heat-and-power-application-in-20131217-00373#ixzz2nl10Mmly