Capstone Turbine (NASDAQ: CPST) lands 1. 2 megawatt order as European energy efficiency market continues to rally

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The main Romanian manufacturer of building materials orders the installation of two C600S microturbines in a high-efficiency cogeneration plant

VAN NUYS, CA / ACCESSWIRE / September 9, 2020 / Capstone Turbine Corporation (www. capstoneturbine. com) (NASDAQ: CPST), the world’s leading manufacturer of blank technologies for microturbine power systems, announced that it has won an order for two of the C600 Signature Series (C600S) micro fuel turbines for CEMACON SA, a leading manufacturer of construction fabrics that add bricks, ceramic blocks, plywood and mineral powders Servelect, exclusive distributor of Capstone in Romania (www. servelect. ro) , has been awarded the 1. 2 megawatt (MW) order, with an estimated commission date of February 2021.

“This new 1. 2 MW contract is a continuous test of the continuous uptick we are seeing in europe’s power markets. Over the more than 60 days, we have noticed significant gains in products and services in the UK, Germany, Austria, Italy and Slovenia. and now Romania as businesses in Europe return to painting after the COVID-19 pandemic,” said Darren Jamison, President and CEO of Capstone Turbine Corporation. “Servelect is an ESCO (energy services company) that specializes in providing energy power responses in Romania, as the country strives to be more effective in being able to have a positive effect on its other people and the environment,” Jamison added.

Currently, in Europe, cogeneration supplies 11% of electricity and 15% of heating demand. Using an unwraught fuel source, Capstone microturbines can be seamlessly incorporated to capture the thermal energy generated from blank exhaust gases to provide significant economic advantages to users and our society.

Founded in 1969, CEMACON SA has 50 years of experience in the production of high-end fabric and masonry solutions. As an undisputed leader in the Romanian brick market, CEMACON stands for state-of-the-art structural structure and actively promotes the concept of green and effective structural solutions. Recently, CEMACON sought an energy solution to optimize its energy consumption and reduce its greenhouse fuel emissions. CEMACON has partnered with Servelect to implement an on-site cogeneration plant that can help them meet their load and carbon goals.

The new on-site cogeneration plant will have two C600S herbal gas microturbines with an electrical capacity of 1. 2 MW, the electrical energy generated through the microturbines will meet the fundamental demand of the production plant and the exhaust gases will be carried in a steam boiler to provide heat for the production process. Capstone microturbines are designed to help end users improve their environmental impact while assembling critical strength and reliability requirements.

The allocation is eligible for the European Regional Development Fund (ERDF) incentive investment thanks to the maximum powerpower of microturbine systems that will allow the plant to reduce its energy consumption by 31. 6% and its emissions by up to minus 2,772 tonnes of CO2. Year. The incentive created to publicize blank power and power power by supporting a low-carbon economy with the express goal of fostering sustainable energy growth, editing energy source security and reducing energy costs. Greenhouse fuel emissions.

About Capstone Turbine Corporation Capstone Turbine Corporation (www. capstoneturbine. com) (NASDAQ: CPST) is the world’s leading manufacturer of rugged, low-emission, and highly efficient microturbine power systems. Capstone Microturbines serve various vertical markets around the world, adding herbal resources, power efficiency, renewable energy, critical power, transportation, and microgrids. Capstone offers a full diversity of products, through our direct sales team, as well as our global distribution network. Capstone provides scalable responses from 30kW to 10MW running on various fuels and is the ideal solution for today’s multi-technology distributed power generation projects.

For clients with limited capital or short-term needs, Capstone offers leasing systems; For more information, please contact: Rentals@capstoneturbine. com. To date, Capstone has shipped around 10,000 kits to 83 countries and in the fiscal year 20 consumers stored approximately $ 219 million in annual energy prices and 368,000 tons of carbon.

For more information about the company, visit www. capstoneturbine. com. Follow Capstone Turbine on Twitter, LinkedIn, Instagram, Facebook and YouTube.

Forward-Looking Statements This press release comprises “forward-looking statements” as used in federal securities laws. Forward-looking statements may be known by words such as “expect”, “believe”, “objective”, “intended”, “directed”. , “” plans “and similar expressions. These forward-looking statements are subject to the assumptions, dangers and uncertainties described in Capstone’s filings with the Securities and Exchange Commission, which would possibly cause Capstone’s actual effects to differ materially from any long-term effects. term stated or Capstone advises readers not to place undue reliance on such forward-looking statements, which refer only to the date of this release. Capstone assumes no obligation, and in particular disclaims any obligation, to publish any revisions of any future -stated to reflect occasions or cases after the date of this release or to reflect the occurrence of unforeseen occasions.

“Capstone” and “Capstone Microturbine” are registered with Capstone Turbine Corporation. All other brands cited are assets of their respective owners.

CONTACT: Capstone Turbine Corporation Investor and investment media requests: 818-407-3628ir@capstoneturbine. com

Investor Relations Integra Shawn M. Severson 415-226-7747cpst@integra-ir. com

SOURCE: Capstone Turbine Corporation

See the issue at accesswire. com: https://www. accesswire. com/605275/Capstone-Turbine-NASDAQCPST-Secures-a-12-Megawatt-Order-as-the-European-Energy-Efficiency-Market-Continues – rebound

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