Profile: Capstone Turbine Corp (CPST.A)
14 Jun 2019
Capstone Turbine Corporation (Capstone), incorporated on March 9, 2000, develops, manufactures, markets and services microturbine technology solutions for use in stationary distributed power generation applications, including cogeneration (combined heat and power), integrated combined heat and power (ICHP), and combined cooling, heat and power (CCHP), renewable energy, natural resources and critical power supply. The Company's microturbines are used as battery charging generators for hybrid electric vehicle applications. Capstone offers micro turbines for commercial, industrial and utility users with product offerings ranging from 30 kilowatts (kW) to 1 megawatt in electric power output. The Company sells complete microturbine units, subassemblies, components and various accessories. It also remanufactures micro turbine engines and provides after-market parts and services. The Company's microturbines are sold primarily through distributors and original equipment manufacturers (OEMs). It serves various markets, including energy efficiency, renewable energy, natural resources, critical power supply, transportation and marine.
The Company's products include C30, C65, TA100, C200, C600, C800, C1000 and waste heat recovery generator. The Company's products can operate: connected to the electric utility grid as a current source; on a stand-alone basis as a voltage source; multipacked to support loads as a virtual single unit, and in dual mode, where the microturbine operates connected to the electric utility grid or operates independently. It also offers C65 and C200 ICHP systems. These systems combine the standard C65 and C200 micro turbine unit with a heat recovery module that provides electricity and heats water. The Company's products are offered in configurations, including low pressure natural gas, high pressure natural gas, compressed natural gas, landfill gas, digester gas, gaseous propane, high pressure sour gas, diesel and kerosene.
The Company 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 micro turbine components and subassemblies. In addition, its Capstone Remote Monitoring Software (CRMS) allows end users to operate and manage the microturbine remotely.
The Company competes with American DG Energy Inc., Caterpillar Inc., Cummins Inc., Deutz Corporation, GE Gas Engines, MAN SE, Tecogen, Inc., Wartsila Corporation, FlexEnergy, Turbec S.p.A., Active Power Inc., Ballard Power Systems Inc., Bloom Energy Corporation, FuelCell Energy Inc., LG Electronics and Plug Power Inc.
Capstone Turbine Corp
16640 Stagg St
VAN NUYS CA 91406-1630