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Capstone Turbine distributor says its microturbines continued to run despite recent NYC blackout

Corey Glick, President of Reliable Secure Power Systems (RSP), the exclusive distributor for Capstone Turbine Corporation (NASDAQ:CPST) tells Proactive Investors the firm's microturbines powered through the recent blackout that plunged a broad swath of Manhattan into darkness.

Glick says the units are fed by pipeline natural gas, and its technology can be configured to run grid-parallel 24/7 and also as stand-alones, even during power outages

Quick facts: Capstone Turbine Corporation

Price: 3.16 USD

NASDAQ:CPST
Market: NASDAQ
Market Cap: $26.59 m
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Full interview: Capstone Turbine clinches new solar-power customer

Capstone Turbine Corporation (NASDAQ:CPST) EVP of Sales & Marketing Jim Crouse tells Proactive the California-based company has secured an order for two C200S microturbines with 247Solar Inc, which has developed a solar-power system that operates every hour of the year. Crouse says the...

on 09/20/2019

2 min read