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Capstone Turbine reveals technology to power global pharmaceutical facility in Mexico

DTC Solutions, Capstone's exclusive distributor in Mexico, has secured an order for a 600 kW Signature Series microturbine with a leading pharmaceutical manufacturer

Capstone Turbine Corporation - Capstone Turbine's technology to power global pharmaceutical facility in Mexico
The turbine will serve as a pilot project to show the benefits of microturbine technology

Capstone Turbine Corporation (NASDAQ:CPST) revealed its microturbine energy system technology has been selected to power a global pharmaceutical facility in Mexico.

The firm said DTC Solutions, its exclusive distributor in Mexico, has secured the order for a 600 kilowatt (kW) Signature Series microturbine to a leading pharmaceutical manufacturer which is due to be commissioned in July.

READ: Capstone Turbine updates on Business Continuity Plan in response coronavirus pandemic

Capstone said the natural-gas-powered microturbine will be installed in a 90,000-square-foot facility and serve as a pilot project to show the benefits of microturbine technology in a combined heat and power (CHP) application, with the potential to implement the solution across two additional manufacturing facilities.

The C600S microturbine will also be fitted in dual-mode configuration, which means the system can run in parallel with or separate from the electric utility grid and ensures the facility has secure and reliable power even during grid outages with no operational downtime.

Capstone said the microturbine energy system is expected to significantly reduce energy costs by 58% and generate 98% of the facility's current electric consumption.

In a statement, Capstone president and chief executive Darren Jamison said: "I'm really pleased to see our top distribution partners continuing to find creative ways to develop high-value projects during the current [coronavirus] pandemic. Last week it was E-Finity with a large system for Walkers Cay in the Bahamas, and this week it's DTC landing a leading pharmaceutical manufacturer in Mexico, with an opportunity for follow-on projects after commissioning this summer."

"The Capstone low-emission 600 kW C600 Signature Series microturbine is expected to yield significant benefits for the end customer and help achieve the customer's efficiency and sustainability targets by lowering their energy costs and reducing total carbon emissions, thus making green by being green", Jamison added.

Capstone specializes in highly efficient, low-emission, resilient microturbine energy systems that serve multiple markets including natural resources, energy efficiency, renewable energy, critical power supply, transportation, and microgrids.

Contact the author at [email protected]

Follow him on Twitter @Cal_Proac

Quick facts: Capstone Turbine Corporation

Price: 4.78 USD

Market: NASDAQ
Market Cap: $52.93 m

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