Tiny gas turbines could spell end of batteries

Keeping an eye on next generation energy technologies a pair of Aussies are now producing micro turbines that can be used to generate power for many MEMS systems. You can learn more about micromachines and microturbines at the following Economist.com link.

Capstone’s New York Office Books 2.4 MW of MicroTurbine Orders

Capstone Turbine Corp (CPTC) received orders for 2.4 megawatts of its 60-kilowatt microturbine systems from the company's Brooklyn sales and service office for customers in New York and New Jersey. These most recent orders are direct sales for Capstone, which will supply, commission and service the systems destined for several locations in the New York and New Jersey region. These units will fulfill various application requirements such as baseload power for daily energy cost reduction, combined heat and power (CHP), back-up power, direct exhaust for food processing and high-pressure steam generation.

Capstone Turbine Ramps Revenue, Earnings Not So Much

by Debra Fiakas CFA Capstone Turbine Corporation (CPST:  Nasdaq) made it to the Efficiency Group of our Mothers of Invention Index because of its line of low-emissions micro-turbines.  The company has sold 6,500 of them around the world.  The fruits of this building installed base are evident in Capstone’s top-line, which has increased in each of the last three years and reached $109.7 million in the fiscal year ending March 2012.  The bottom-line has followed in the same direction, but is still in the red.  In the last fiscal year, Capstone recorded...

FPL Studies Microturbine Technology At Tomoka Correctional Institution

FPL Group Inc (FPL) announced that it is working in cooperation with the Electric Power Research Institute (EPRI) and the state's Tomoka Correctional Institution to study microturbine energy technology. The project places a microturbine at the Tomoka Correctional Institution in Daytona Beach. Microturbines are small combustion generators that efficiently create heat and electricity on-site, conserving grid power. About the size of a refrigerator, the natural gas fueled microturbine at Tomoka has extremely low emissions of smog-forming NOx and other pollutants compared to other energy sources. The Tomoka project is grid-connected to FPL's electric system. It will heat water...

European Office of Capstone Turbine Receives 3.2 MW of MicroTurbine Follow-On Orders from Russia...

Capstone Turbine Corp (CPST) announced follow-on orders from distributors in Italy and in Russia amounting to 3.2 megawatts of its 60-kW microturbine products. Capstone's distributor in Russia, BPC Energy (www.capstone.ru), has issued an order for 1.8 megawatts of self-starting, stand-alone microturbine power systems to be deployed at a prestigious ski resort near St. Petersburg. The microturbines will be the sole source of power and heat for a luxury hotel and other facilities of the remote, off-grid resort. The array is anticipated to be online later this year in time for the ski resort's high season.

Capstone Products Receive GSA Schedule Listing

Capstone Turbine Corp (CPTC) announced that Capstone-branded products have been approved by the General Services Administration (GSA) and are now on the GSA Schedule. "As a result of our continuing efforts to place Capstone MicroTurbine® products into large market potentials, we have now created an avenue for the sale of Capstone-branded microturbine products to the U.S. government," said Capstone CEO John R. Tucker. "We are very pleased to receive this GSA approval and recognize the importance of being qualified as a GSA Schedule supplier. We have proactively taken this step, and created this opportunity, to provide Capstone products...

Microturbine Article

My nine year old daughter still receives Highlights magazine in the mail on a monthly basis. If you have a child and have ever spent any amount of time in a pediatricians office, you have probably logged a fair amount of time flipping through this magazine while waiting to see the doctor. This weekend I was at home flipping through the November issue of Highlights and was very surprised to find an article about Microturbines. The introduction gives the basics of how a turbine works. Then the single page article give a very good description of...

Capstone Turbine Receives Follow-On Order from France for 2.8 MW of Renewable Energy MicroTurbines

Capstone Turbine Corp (CPTC) announced a follow-on order from its distributor in France for 2.8 megawatts of its 30-kW biogas-fueled microturbine products. The new order from Soffimat (www.soffimat.com) is the second major order from the Paris-based energy systems distributor. The previous order seven months ago was for one megawatt of Capstone MicroTurbine(TM) energy systems.

The (Spend)thrifty Ways of Capstone Turbine

by Debra Fiakas CFA Last week Capstone Turbine (CPST:  Nasdaq) announced changes around the table in its boardroom, bragging of the costs savings it can achieve.  Capstone is a well established manufacturer of microturbines used in power generation.  The company claims over 8,000 of its turbines are in use around the world.   Despite the clear footprint in the wind power market, Capstone needs to achieve efficiency.  Sales of its turbines totaled $122 million in the twelve months ending December 2014.  Unfortunately, the period ended with a net loss of $20.6 million or $0.06 per share. The solution,...

Capstone Turbine gets takeover interest

Capstone Turbine Corp (CPTC) said third parties have recently expressed interest in taking over the company. The company said its board has adopted a stockholder rights plan to ensure equal treatment in the event of a takeover attempt. It said its goal is not to prevent an acquisition but to deter coercive takeover tactics.

Capstone Turbine: Not a Pretty Picture

by Debra Fiakas CFA Last week microturbine manufacturer Capstone Turbine (CPST:  Nasdaq) reported financial results for the final quarter of its fiscal year ending March 2016.  Sales were $18.9 million in the quarter, bringing total sales for the year to $85.2 million.  FY2016 sales shrank 26.2% from the prior fiscal year for the second year in a row.  Some shareholders may be taking solace in the FY2016 net loss of $25.2 million or $1.39 per share in that it is an improvement over the even deeper loss in the year before.  That does not necessarily mean that operating...

Samsung Orders 1.5 MWs of Capstone MicroTurbine Energy Systems

Samsung Corporation placed an order for 1.5 megawatts of microturbines with Capstone Turbine Corp (CPTC) in a deal worth more than $1 million. Samsung Corporation, the Korean distributor of Capstone MicroTurbine(TM) combined heat and power systems, will install four C60 models at their Samsung Plaza headquarters, 11 at a hospital and 10 at a high-rise apartment complex. Two Capstone C30 units will be deployed in a biogas application project.

Shares in Capstone Purchased

This morning I purchased shares of Capstone Turbine Corp (CPTC) in both my personal portfolio and the mutual fund. I have been waiting for the stock to show some strength after its recent declines. The stock appears to have some nice support at the $2.25 level as a bottom. They will be announcing quarterly earnings on November 10th. Capstone Turbine developments and manufactures microturbine generators. The company’s microturbines can also be used as generators for hybrid electric vehicle applications. It also offers Model C60 integrated combined heat and power systems (CHP). A one third stake have been purchased...

$3 Billion For Cleantech & Alt Energy

Charles Morand The DOE made public earlier today the amount of money that will awarded to clean power projects in lieu of the usual tax breaks: $3 billion. This will allow project proponents to receive a direct cash grant now instead of a Production Tax Credit or an Investment Tax Credit later on. The guidance document notes the following: "Section 1603 of the Act’s tax title, the American Recovery and Reinvestment Tax Act, appropriates funds for payments to persons who place in service specified energy property during 2009 or 2010 or after 2010 if construction began...

Capstone Receives $1.2 Million Order

Capstone Turbine Corp (CPST) announced today that it has received an order for a nationally recognized health care facility totaling approximately $1.2 million of Capstone C65 Micro Turbine® energy systems. The multi-pac cogeneration energy system will be installed in one of their facilities in Southern California. The 65-kilowatt systems are the latest generation of MicroTurbine energy systems developed by Capstone. In addition to a net power output of 65 kilowatts, the Integrated Combined Heat and Power (ICHP) systems have 80% electrical efficiency, and NOx emissions of less than 5 parts per million.

Four Green Money Managers’ Top Stock Picks

Green money managers' stock picks after the Japanese nuclear crisis. Even as the nuclear disaster in Japan unfolds, it's clear that the world's energy industry will be forever changed. Russian reactors were never considered safe, but a Japanese to have a nuclear meltdown is an entirely different story. Market Reaction Since Monday, nuclear stocks and ETFs have been plummeting. As of Wednesday night, The Market Vectors Uranium + Nuclear Energy ETF (NYSE:NLR), the iShares S&P Global Nuclear Energy Index (NASD:NUCL), PowerShares Global Nuclear Energy Portfolio ETF (NYSE:PKN), and the Global X Uranium ETF (NYSE:URA) are down...
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