Capstone to Upgrade European Distribution Center for Major Italian Food Retailer
CHATSWORTH, Calif., March 30, 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 C800 microturbine to upgrade a major European distribution center for Italian food retailer, Conad, in Fiano Romano, Italy.
IBT Group, Capstone's Italian distributor, secured the order, which is expected to be commissioned later this year.
The methane-fueled C800 microturbine will be installed in a combined cooling, heat and power (CCHP) application to provide electricity to the facility as well as chilled water to refrigerate the warehouse using an ammonia absorption chiller. The trigeneration system will include a heat recovery module to produce hot water for washing and space heating for offices. Any excess electricity produced by the microturbine will be sold back to the utility, thus providing a further reduction in operational expenditures.
Headquartered in Bologna, Conad is an Italian food retail store brand that operates one of the largest supermarket chains in Italy. Conad will be one of the first Italian retailers to implement clean-and-green microturbine technology to effectively maintain a temperature-controlled facility, and at a fraction of the cost. With energy efficiency levels approaching 90 percent, the environment-friendly system will also ensure minimal system maintenance and a reduced payback period.
"We decided to invest in the cold chain not only because we want to reduce CO2 and other greenhouse emissions, but especially to significantly reduce the energy consumption to allow us to offer concrete support to our members in order to translate it into real savings for our customers," said Danilo Toppetti, General Manager of PAC 2000A-Conad, the largest cooperative within the Conad consortium. "We hope that Conad, nationally, may decide to apply this technology to other distribution centers soon," added Toppetti.
"Capstone sees an excellent growth opportunity in Italy," said Jim Crouse, Executive Vice President of Sales and Marketing at Capstone Turbine. "Forward-looking companies like Conad will set new standards of energy excellence across the country," added Crouse.
About Capstone Turbine Corporation
Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST) is the world's leading producer of low-emission microturbine systems and was the first to market commercially viable microturbine energy products. Capstone Turbine has shipped approximately 8,000 Capstone Microturbine systems to customers worldwide. These award-winning systems have logged millions of documented runtime operating hours. Capstone Turbine is a member of the U.S. Environmental Protection Agency's Combined Heat and Power Partnership, which is committed to improving the efficiency of the nation's energy infrastructure and reducing emissions of pollutants and greenhouse gases. A UL-Certified ISO 9001:2008 and ISO 14001:2004 certified company, Capstone is headquartered in the Los Angeles area with sales and/or service centers in the New York Metro Area, United Kingdom, Mexico City, Shanghai and Singapore.
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Released March 30, 2015