CHATSWORTH, Calif., Jan. 13, 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 recently received an order for a C600 microturbine and a C800 microturbine to upgrade a major building in the Sydney Central Business District (CBD).
Capstone Turbines can upgrade buildings in business districts.
Optimal Group, Capstone’s Australian distributor, secured the order, which is scheduled to be installed in June 2015 and is the first of many similar systems Optimal plans to install in the Sydney CBD.
According to the U.S. Energy Information Administration (EIA), Australian natural gas production has increased sharply over the past decade as a result of new projects. This combined cooling, heating and power (CCHP) project will provide base load electricity, hot water recovery and cooling to the Sydney CBD building on-site via natural gas fired microturbines. Deployment in a trigeneration application will ensure the building is upgraded to maximize the efficiency of the power generated, while also reducing the payback period.
Capstone’s unique microturbine power generation system was chosen for its low emission capabilities. Unlike many reciprocating engine generators, Capstone microturbines are compliant with current and future emissions regulations as well as green building best practices, without requiring any exhaust after treatment. The environment-friendly system was designed for continuous operation, providing constant base load power with energy efficiency levels of approximately 80 percent. There are often size restrictions for power generation systems in multi-level buildings, but Capstone’s compact microturbines make for a perfect fit — even with limited space to work with.
“A growing regional demand for natural gas and further investment in the country’s reserves have led Australia to produce enough gas to cover its consumption and make it a leading gas exporter,” said Jim Crouse, Executive Vice President of Sales and Marketing at Capstone Turbine. “With power costs continuing to rise, we are pleased to see an increasing number of Australian businesses taking advantage of Capstone microturbines to reduce their cost of power and emission profile via cogeneration and trigeneration,” added Crouse.