Capstone Turbine Corporation (NASDAQ:CPST), the maker of clean-energy microturbines, announced Thursday that its Model C200 and C1000 systems are now certified under the Australian Interconnection Standard.
“Certification to the Australian standard is a significant accomplishment for our organization as the Australian certification comes on the heels of certifications for California and the United Kingdom,” said CEO Darren Jamison in a statement.
“These multiple certifications demonstrate the strength of our inverter-based technology to meet the growing needs of our global customer base, and for the network operators. Capstone is well-positioned to provide the resiliency necessary, especially in regions like California, to power through planned and unplanned utility outages."
The AS/NZS 4777.2:2015 certification means Capstone can now provide its customers with compliance to the latest connection standards required in every Australian State and Territory, said Les Blackwell, engineering director of Optimal Group Australia, Capstone’s exclusive distributor for Australia, New Zealand, and Tasmania.
“As more and more customers seek behind-the-meter solutions to reduce spiraling energy costs and greenhouse gas emissions, Capstone microturbines will be able to be deployed with a simple approval process,” helping customers to become self-reliant energy producers, he said.
“In addition, our customers will also be able to receive additional income for demand and frequency response at times of high network demand,” Blackwell added.
Optimal has recently installed a number of megawatt-scale Capstone energy systems to remote customers in Australia and the Pacific. These systems have resulted in substantial reductions in energy costs for these clients and have provided the opportunity for additional energy sources, including energy storage and solar photovoltaic.
As grids globally shift towards a distributed energy model, standards such as AS 4777 will benefit all stakeholders as it facilitates the connection of more grid-connected solutions which can export power, thereby minimizing the investment required for network upgrades, Capstone said.
“I am very proud of our engineering team and certification partners,” said Don Ayers, director of engineering at Capstone. “Not only was there the tight timeline to be maintained throughout the project but also additional scope was discovered during the definition of the work to be accomplished.”
The company said certification efforts will continue for Capstone’s C65, and for updated releases of the German and Italian standards.
Capstone, based in Van Nuys, California, offers a product line-up of microturbines that can produce anywhere from 30 kilowatts to 10 megawatts of power, operating on a variety of gaseous or liquid fuels. To date, Capstone has shipped over 9,000 units to 73 countries.
The company's stock recently traded up 2.3% to $3.27 a share in New York.
Contact the author: [email protected]
Follow him on Twitter @PatrickMGraham