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Capstone Receives Orders for 20 Microturbines as German CHP Market Sees Significant Growth

CHATSWORTH, Calif., Oct. 6, 2015 (GLOBE NEWSWIRE) -- Capstone Turbine Corporation ("> (CPST), the world's leading clean technology manufacturer of microturbine energy systems, announced today that it received orders for a C200 and 19 C65 microturbines for multiple combined heat and power (CHP) projects in Germany.

E-Quad Power Systems GmbH, Capstone's German distributor, secured the orders, which will be rolled out over the next six months. Due to the rising volume of CHP orders in the region, E-Quad has relocated to a new, larger facility to better handle the growth of the German CHP market.

The C200 microturbine will be installed at a large-scale industrial laundry facility as part of a joint steam production project with SAACKE Group, a worldwide manufacturer of tailored boiler and process firing plants. The steam project will serve as SAACKE Group's tenth project to incorporate Capstone microturbines for steam generation.

The C65 microturbines will be installed at various manufacturing and oil and gas production sites throughout Germany, providing CHP benefits for each. With special incentives from the German government around small CHP installations up to 50kW, the Capstone C65 will prove to be a promising investment in clean energy.

According to the 2013 European Cogeneration Review for Germany, the German government has...