The Scalable Renewable Energy Project Will Reduce Carbon Emissions While Simultaneously Providing Clean and Reliable Heat and Power. VAN NUYS, CA / ACCESSWIRE / May 6, 2020 / Capstone Turbine Corporation ...
With an increase in medical usage and investment in the diagnostic equipment, the demand for X-ray tubes in medical imaging is increasing where further innovations are being done, which in turn drives the growth of the market studied. - Technological advancements in the X-ray tubes’ dimensions, along with new and enhanced imaging techniques based on X-rays, are being introduced in the market.
One of the World's Largest Oil and Gas Companies Expands Long-Term Microturbine Rental Fleet with Another Capstone 1 MW in the Permian Basin VAN NUYS, CA / ACCESSWIRE / April 14, 2020 / Capstone Turbine ...
VAN NUYS, CA / ACCESSWIRE / May 7, 2020 / Capstone Turbine Corporation ( www.capstoneturbine.com ) (NASDAQ:CPST), the world's leading clean technology manufacturer of microturbine energy systems, announced ...
VAN NUYS, CA / ACCESSWIRE / April 29, 2020 / Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world's leading clean technology manufacturer of microturbine energy systems, announced today that Capstone has applied for and received a loan under the Paycheck Protection Program (PPP) pursuant to the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The $2.6M note was entered into with its banking partner Western Alliance Bank, an Arizona corporation on April 24, 2020. On March 24th Capstone Turbine enacted an emergency Business Continuity Plan (BCP) designed to keep employees safe and continue to support its critical aftermarket Factory Protection Plan (FPP) long-term service contracts and spare parts deliveries to its Essential Critical Infrastructure Customers, such as energy, health care, wastewater treatment, food processing services, pharmaceuticals, etc. Under the BCP, the Company furloughed, reduced hours, or reduced pay for approximately 70% of its direct workforce, leaving behind only staff deemed critical for day-to-day essential operations.
VAN NUYS, CA / ACCESSWIRE / March 24, 2020 / Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world's leading clean technology manufacturer of microturbine energy systems, announced today that in response to the global COVID-19 pandemic it has enacted a new Business Continuity Plan designed to keep employees safe as well as support the company's stated goal of reaching Adjusted EBITDA positive in the upcoming June quarter. A critical part of the Business Continuity Plan is the Capstone Leadership Team volunteering to take a 25% temporary salary cut as well as the fiscal 2020 Executive Bonus in equity in lieu of cash if earned. "With over 1000 confirmed cases in California and a "Shelter-in-Place" order for all of California, we enacted an emergency Business Continuity Plan designed to keep employees safe, continue to support our critical Aftermarket Factory Protection Plan (FPP) long-term service contracts and spare parts deliveries to our Essential Critical Infrastructure Customers, such as Energy, Health Care, Wastewater Treatment, etc. as well as to sustain our key long-term business initiatives," said Darren Jamison, President and Chief Executive Officer of Capstone.
VAN NUYS, CA / ACCESSWIRE / April 16, 2020 / Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world's leading clean technology manufacturer of microturbine energy systems, announced its first 800 kilowatt (kW) C800 Signature Series order for a new and innovative biogas project in Japan. The project will utilize organic biomass in the form of agricultural and animal waste to generate clean and efficient energy for the Biokurasix Handa biogas power generation facility. Kanamoto, Capstone's exclusive distributor in Japan (www.kanamoto.co.jp), secured the order for the biogas-fueled C800 Signature Series microturbine, which is expected to be commissioned in late 2020.
VAN NUYS, CA / ACCESSWIRE / April 3, 2020 / Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world's leading clean technology manufacturer of microturbine energy systems, is providing an update on its emergency Business Continuity Plan and announcing select preliminary results for its fiscal fourth quarter ended March 31, 2020. The Capstone BCP is designed to keep employees safe, align with government guidelines, continue to support critical Aftermarket Factory Protection Plan (FPP) long-term service contracts and spare parts deliveries to Essential Critical Infrastructure Customers, such as Energy, Health Care, Wastewater Treatment, Food Manufacturing, etc., as well as to sustain two key business goals: cash flow and liquidity and reaching Adjusted EBITDA positive in the upcoming June quarter.
Management to Webcast an Overview of Select Preliminary FY2020 Q4 Results and COVID-19 Business Continuity Plan Followed by Answering Audience Questions That are Submitted Live VAN NUYS, CA / ACCESSWIRE ...
600 kW Pilot CHP Project to Show Capstone Benefits in Mission Critical Application VAN NUYS, CA / ACCESSWIRE / May 19, 2020 / Capstone Turbine Corporation ( www.capstoneturbine.com ) (NASDAQ:CPST), the ...
VAN NUYS, CA / ACCESSWIRE / March 27, 2020 / Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world's leading clean technology manufacturer of microturbine energy systems, announced today that it has partnered with the New York Power Authority (NYPA) and Brenmiller Energy on a groundbreaking thermal energy storage project for Purchase College, State University of New York (SUNY). The project received a one million dollar grant from the Israel-United States Binational Industrial Research and Development (BIRD) Foundation to investigate low emission thermal energy storage as a means to increase the efficiency of standard combined heat and power (CHP) systems.
If you're interested in Capstone Turbine Corporation (NASDAQ:CPST), then you might want to consider its beta (a...
VAN NUYS, CA / ACCESSWIRE / April 7, 2020 / Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world's leading clean technology manufacturer of microturbine energy systems, announced its third direct sales order, consisting of six C65 microturbines from an industrial manufacturer of sorbent minerals in California. The order was secured in the last quarter by the new Capstone Direct Sales organization led by Jim Crouse, Capstone Turbine's Chief Revenue Officer. The order brings the current direct sales results to approximately $2.5 million, or 27% of last quarter's $9.1 million in gross new product orders.
Leadership and Top Executives Extend Voluntary Salary Cuts to September 28th VAN NUYS, CA / ACCESSWIRE / May 14, 2020 / Capstone Turbine Corporation ( www.capstoneturbine.com ) (NASDAQ:CPST), the world's ...
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VAN NUYS, CA / ACCESSWIRE / March 26, 2020 / Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world's leading clean technology manufacturer of microturbine energy systems, announced today that it received an order for an 800 kilowatt (kW) Signature Series microturbine to upgrade the City of Roseville, California, wastewater treatment plant (WWTP). The low-emission C800S microturbine system will allow the City of Roseville to yield significant benefits for customers and the environment in the near and long-term. Cal Microturbine, Capstone's exclusive distributor in California, Washington, Oregon, Idaho, Hawaii and Nevada (www.calmicroturbine.com), secured the order for the digester-gas fueled Capstone C800S microturbine energy system.
VAN NUYS, CA / ACCESSWIRE / May 13, 2020 / Capstone Turbine Corporation ( www.capstoneturbine.com ) (NASDAQ:CPST), the world's leading clean technology manufacturer of microturbine energy systems, announced ...
VAN NUYS, CA / ACCESSWIRE / May 21, 2020 / Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world's leading clean technology manufacturer of microturbine energy systems, announced today that despite the COVID-19 global pandemic, it continues to find success in the cannabis industry with a follow-on order of a fourth 1 megawatt (MW) C1000 Signature Series microturbine for a California-based cannabis grow operator. Cal Microturbine, Capstone's exclusive distributor in California, Washington, Oregon, Hawaii and Nevada (www.calmicroturbine.com), secured the order, which is expected to be commissioned this summer. "We have undoubtedly seen a slowdown in the hospitality, healthcare, and oil and gas markets as a result of the global COVID-19 pandemic, but we have seen steady business from our cannabis and beer manufacturing customers," said Darren Jamison, President and Chief Executive Officer of Capstone Turbine.
VAN NUYS, CA / ACCESSWIRE / May 11, 2020 / Capstone Turbine Corporation (www.capstoneturbine.com) (CPST), the world's leading clean technology manufacturer of microturbine energy systems, announced today that it continues to expand the low emission microturbine market in the Caribbean with an order for the Walker's Cay redevelopment project that includes two-megawatt scale C1000 Signature Series (C1000S) microturbine energy systems. The order, secured by E-Finity Distributed Generation (www.e-finity.com), Capstone's exclusive distributor for the Mid-Atlantic, Southeastern United States, and the Caribbean, is expected to be commissioned in the Fall of 2020. "The Walker's Cay redevelopment exemplifies what I call the new breed of forward-looking, progressive developers who are finding creative ways to reduce their carbon footprint as well as lowering their annual operating costs - thus making green by being green," said Darren Jamison, Capstone Turbine President and Chief Executive Officer.
Presentation of Global Distribution Network & Marketing Plan in the Midst of a Global Pandemic, Followed by Answering Audience Questions That Are Submitted Live VAN NUYS, CA / ACCESSWIRE / May 12, 2020 ...