January 2016 – 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 three C800 systems and two C1000 systems for a total of 4.6 Megawatts for a large flare gas energy project in North America from Horizon Power Systems.
“The global slowdown in the energy industry is shifting customers away from exploration to an increased focus on lowering operating costs at existing assets and converting on-site flare gas to power generation. This is one way Capstone microturbines can be used to lower oil and gas users, monthly operational costs,” said Darren Jamison, Capstone’s President and Chief Executive Officer. “We have recently added additional oil and gas sales resources at Capstone, and we are encouraging our key distribution partners, like Horizon, to do the same.”
Horizon Power Systems is the exclusive Capstone Turbine distributor for Texas, Oklahoma, Kansas, Arizona, the Rocky Mountain States, Intermountain Regions, Gulf Coast States and the Western Provinces of Canada. The new orders will bring Horizon’s total fleet to more than 600 microturbines in operation.
The Capstone product was chosen because of its superior overall value proposition. No other microturbine manufacturer provides the combination of presales and aftersales support that the Capstone distributor network provides.
“Horizon Power Systems continues to receive follow-on orders due largely to the ability of Capstone microturbines to consistently deliver high reliability and low emissions,” said Sam Henry, President, Horizon Power Systems. “This customer requires technology that can burn poor quality flare gas and operate in extremely harsh environments, and based on their experience using the product throughout their portfolio they know Capstone microturbines excel in these conditions.”
Capstone continues to attract new and repeat customers globally. These orders help demonstrate the confidence our distributors and end users have in Capstone’s low emission, durable and highly efficient microturbines and why Capstone is their first choice for around-the-clock on-site energy production.
“Our inverter based generation systems provide flexibility that very few other solutions can provide,” said Jim Crouse, Capstone’s Executive Vice President of Sales and Marketing. “Capstone microturbines have become the go-to power source for customers that want extremely reliable, high quality, easy to deploy and low emission on-site power solutions. The Horizon order indicates our customers’ satisfaction with our clean and green solutions.”