Capstone Turbines Provide Main Electrical Power for Green Ship
CHATSWORTH, Calif., April 7, 2011 (GLOBE NEWSWIRE) -- Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST), the world's leading clean technology manufacturer of microturbine energy systems, continues to grow its presence in the marine market with a recent order for two C30 liquid natural gas (LNG) microturbines that will be installed on a Type C Tanker for inland shipping and will be certified by Lloyds Register of Shipping.
The two C30 LNG Capstone microturbines, which will be installed in May, will operate in an N+1 setting for main power supply on board. Heat from the microturbine exhaust will be used in an LNG vaporizer to provide fuel to the microturbine as well as the main propulsion engines.
"The customer selected low-emission Capstone microturbines for this innovative vessel to take advantage of Capstone's ultra-low emissions as well as our low maintenance requirements and high reliability," said Jim Crouse, Capstone's Executive Vice President of Sales and Marketing. "In addition, the microturbines can easily integrate with current onboard equipment and increase onboard comfort because there's no vibration and very low noise."
Capstone microturbines can serve as a low-emission onboard energy source for propulsion or to power auxiliary applications. The clean and green microturbines can meet strict regulations without additional exhaust aftertreatment, which means reduced service requirements and reduced costs.
"Capstone's influence will continue to grow in the marine market," Crouse said. "Customers are hungry for innovative solutions that comply with current and future emission and noise regulations."
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 over 5,000 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, Mexico City, Nottingham, Shanghai and Singapore.
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This press release contains "forward-looking statements," as that term is used in the federal securities laws, about lower operational cost, additional reliability and durability, the environmental advantages of our products and success in the marine market. Forward-looking statements may be identified by words such as "expects," "objective," "intend," "targeted," "plan" and similar phrases. These forward-looking statements are subject to numerous assumptions, risks and uncertainties described in Capstone's filings with the Securities and Exchange Commission that may cause Capstone's actual results to be materially different from any future results expressed or implied in such statements. Capstone cautions readers not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Capstone undertakes no obligation, and specifically disclaims any obligation, to release any revisions to any forward-looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.
"Capstone Turbine Corporation" and "Capstone MicroTurbine" are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners.
CONTACT: Capstone Turbine Corporation Investor and Investment Media Inquiries: 818-407-3628 email@example.com
Image: company logoSource: Capstone Turbine Corporation
Released April 7, 2011