Profile: Capstone Turbine Corp (CPST.OQ)
19 Dec 2013
Capstone Turbine Corporation (Capstone), incorporated on March 9, 2003, develops, manufactures, markets and services microturbine technology solutions for use in stationary distributed power generation applications, including cogeneration (combined heat and power (CHP), integrated combined heat and power (ICHP), and combined cooling, heat and power (CCHP)), renewable energy, natural resources and critical power supply. In addition, its microturbines can be used as battery charging generators for hybrid electric vehicle applications. Microturbines allow customers to produce power on-site in parallel with the electric grid or stand alone when no utility grid is available. Several technologies are used to provide on-site power generation (distributed generation) ,such as reciprocating engines, solar power, wind powered systems and fuel cells.
With its stand-alone feature, customers can produce their own energy in the event of a power outage and can use microturbines as their primary source of power for extended periods. The Company’s microturbines are sold primarily through its distributors. Its distributors install the microturbines. Service is provided primarily by its global distribution network. The Company offers new and remanufactured parts as well as a comprehensive Factory Protection Plan (FPP).
Capstone offers microturbines designed for commercial, industrial, and utility users with product offerings ranging from 30 kilowatts to one megawatt in electric power output. The Company’s 30 kilowatts (C30) microturbine can produce enough electricity to power a small convenience store. The 65 kilowatts (C65) microturbine can produce enough heat to provide hot water to a 100-room hotel while also providing about one-third of its electrical requirements. Its200 kilowatts (C200) microturbine is well suited for larger hotels, office buildings and wastewater treatment plants, among others. Its 1000 kilowatts (C1000 Series) microturbines are well suited for utility substations, larger commercial and industrial facilities and remote oil and gas applications. Its microturbines combine patented air-bearing technology, advanced combustion technology and sophisticated power electronics to form efficient and ultra-low emission electricity and cooling and heat production systems. Capstone microturbines can be fueled by various sources, including natural gas, propane, sour gas, renewable fuels, such as landfill or digester gas, kerosene, diesel and biodiesel. The C65 and C200 microturbines are available with integrated heat exchangers, making them easy to engineer and install in applications where hot water is used.
The Company sells complete microturbine units, subassemblies, components and various accessories. The Company also remanufacture microturbine engines and provide after-market parts and services. Its microturbines are sold primarily through distributors and Original Equipment Manufacturers (OEMs). Its distributors perform as value-added resellers. OEMs integrate Capstone's products into their own product solutions.
The Company offer s C65 and C200 ICHP systems. These systems combine the standard C65 and C200 microturbine unit with a Heat Recovery Module that provides electricity and heats water. It offers various accessories for its products including rotary gas compressors with digital controls, heat recovery modules for CHP applications, dual mode controllers that allow automatic transition between grid connect and stand-alone modes, batteries with digital controls for stand-alone or dual-mode operations, power servers for multipacked installations, protocol converters for Internet access, packaging options and miscellaneous parts such as frames, exhaust ducting and installation hardware. It also sells microturbine components and subassemblies. In addition, its Capstone Remote Monitoring Software (CRMS) allows end users to remotely operate and manage the microturbine. This remote capability can provide end users with power generation flexibility and cost savings.
The C30 microturbines were initially designed to operate connected to an electric utility grid and to use a high pressure natural gas fuel source. The combustor system remains the same for all fuels except for the fuel injectors, which vary between liquid and gaseous fuels. Its C65 grid-connect and stand-alone microturbine power systems are listed by Underwriters Laboratories (UL) as meeting the UL 2200 stationary engine generator standards and the UL 1741 utility interconnection requirements. The TA100 microturbine offers a digital communication interface , which can be connected to an external controller to provide multiple unit and dual mode dispatching functionality.
Worldwide, stationary power generation applications vary from huge central stationary generating facilities up to 1,000 megawatts to back-up generators as small as two kilowatts. Historically, power generation in developed countries such as the United States has been part of a regulated utility system. A number of developments related primarily to the deregulation of the utility industry as well as technology advances have broadened the range of power supply choices available to all types of customers.
The Company competes with Caterpillar Inc., Cummins Inc., Deutz Corporation, Waukesha, MAN SE, Tecogen, Inc. , Wartsila Corporation, FuelCell Energy Inc., ClearEdge Power, Bloom Energy Corporation, LG Fuel Cell Systems, LG Electronics, Plug Power Inc., Ballard Power Systems Inc., FlexEnergy and Turbec S.p.A.
Capstone Turbine Corp
21211 NORDHOFF STREET
CHATSWORTH CA 91311