Shawn Severson, alphaDIRECT's founding partner pointed out that Capstone’s distribution network has been developing microgrid projects for many years, and the company continues to invest to expand and compete in the market.
He said: “In our opinion, some of the main advantages with microgrids are that they are compact, quiet and easy to install in multiples allowing for redundancy with less overall kWs.”
Capstone’s units have been operating as microgrids even before the term became popular, since they have the ability to operate either connected to a conventional power grid or through its “Stand Alone/Island” mode, Severson noted.
Capstone is currently focused on educating communities as well as project developers about the many benefits with microturbines and Capstone’s inverter technology in order to capture new market opportunities, the analyst pointed out.
Severson concluded: “We believe that the growing interest in microgrids creates additional markets for Capstone’s long-term rental fleet, which should help the company improve its margins and reach its goal of a 10 MW rental fleet by early next year.”
Contact the author at [email protected]