Capstone Receives EPA Emissions Reduction Certificate

March 2014 – 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 emissions reduction certificate from the U.S. Environmental Protection Agency Combined Heat and Power Partnership.

Capstone Turbine, through its U.S. distribution partners, has installed 471 combined heat and power, or CHP, systems that have avoided an estimated 3,060,000 metric tons of carbon dioxide, compared to conventional energy sources. CHP is the simultaneous generation of electricity and useful heat. In 2013 alone, Capstone’s customers avoided emissions of more than 298,000 metric tons, equal to those from the generation of electricity used annually by 40,955 homes. CHP applications can achieve overall efficiencies in excess of 80%, which is far better than the electrical efficiency of the national utility grid.

In August 2012, the President issued an Executive Order calling for an acceleration of investment in industrial energy efficiency, specifically CHP. The government called for 40 gigawatts of CHP to be installed by 2020, recognizing the need to promote energy independence via distributed generation to reduce the reliance on the national grid. Meeting this goal would save American businesses $10 billion each year and also reduce emissions equivalent to taking 25 million cars off the road.

“Capstone customers can be greener, produce power at a lower cost than the grid, and achieve energy independence with CHP, making it the clear choice moving forward,” said Jim Crouse, Capstone Executive Vice President of Sales and Marketing.

“Capstone is proud to be awarded a 2013 Certificate of Avoided GHG Emissions by the EPA Combined Heat and Power Partnership,” said Darren Jamison, Capstone President and Chief Executive Officer. “This certificate is awarded in recognition of Capstone’s achievement in reducing carbon pollution with CHP projects. Capstone remains committed to being a leader in the combined heat and power industry as the world moves towards more efficient and lower emission power generation methods to meet the growing demand for energy,” Jamison added.

View the EPA certificate: http://www.capstoneturbine.com/news/mediaeventsdetail.asp?id=44

Source:  Capstone Turbine Corporation: http://www.capstoneturbine.com/news/story.asp?id=713

HPS Receives Follow On Orders for 50 C65s

March 2014 – Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today it received orders for fifty Capstone C65 microturbines for oil and gas production in the United States.

Horizon Power Systems, Capstone’s exclusive oil and gas distributor for the Eagle Ford, Permian, San Juan and Wattenberg Shale plays, secured the orders to support the growing power needs of its existing customers. The orders will bring the total fleet to more than 550 microturbines in operation in Horizon’s area of responsibility and will serve various stages of oil and gas production including powering central processing stations, well-head operation, and flare reduction.

“North American shale gas producers continue to adopt Capstone microturbines because they want the high reliability and low emission benefits of our products,” said Sam Henry, President of Horizon Power Systems. “Additionally, customers are committed to conducting business safely, in a socially and environmentally responsible manner, which is precisely what Capstone microturbines deliver.”

Capstone continues its rapid penetration of the North American shale gas market with these follow on orders. These orders help demonstrate that Capstone’s low emission, durable, and highly efficient microturbines are the preferred choice for around-the-clock production and optimized well site performance. Capstone’s low maintenance ensures a higher availability than its competitors and also reduces operational costs.

“The oil and gas market continues to show steady growth worldwide,” said Jim Crouse, Capstone’s Executive Vice President of Sales and Marketing. “Capstone microturbines have become the go to power source for producers that want extremely reliable, easy to deploy and low emission onsite power solutions. The repeat order indicates our customers’ satisfaction with our clean and green solutions.”