Capstone Turbine and Active Power Form Strategic Marketing Alliance; MicroTurbines to Become Part of Power Solutions Package for Japan.WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Nov. 15, 1999-- Capstone Turbine Capstone Turbine Corporation NASDAQ: CPST, incorporated in 1988, is a California based gas turbine manufacturer that specializes in microturbine power and heat cogeneration systems. Capstone has sold and shipped more than 3,000 of these one-moving-part systems worldwide. Corporation and Active Power Corporation of Tokyo today announced a strategic marketing alliance. The partnership will make Active Power a value-added reseller A value-added reseller (VAR) is a company that adds some feature(s) to an existing product(s), then resells it (usually to end-users) as an integrated product or complete "turn-key" solution. and systems integrator for the Capstone MicroTurbine(TM) system, a highly reliable, low-noise, low-emission, power generator. "Active Power's reputation, leadership and expertise in the field of power generation and management are an excellent match for Capstone Turbine's focus and commitments," said Ake Almgren, Capstone's president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "This ground-breaking agreement will bring Capstone's leading-edge microturbine technology to the growing distributed generation Distributed generation generates electricity from many small energy sources. It has also been called also called on-site generation, dispersed generation, embedded generation, decentralized generation, decentralized energy or market in Japan." In Japan, as in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , the Capstone MicroTurbine can be used by public utilities and energy providers of all types -- as well as by commercial and light industrial facilities -- to generate clean power. The Capstone MicroTurbine can function as a stand-alone unit as well as connected to the local electric grid (an optional controller provides automatic switching). When connected to the grid, the microturbine produces high quality back-up power that protects against "dirty power" outages, including dangerous voltage drops. "This affiliation with Capstone Turbine Corporation will assist Active Power Corporation in our sales and leasing of much cleaner, much lower-maintenance alternatives to older technology power generators," said Yukihiro Tsutsumi, chairman of the board of Active Power Corporation. "Application of the innovative Capstone MicroTurbine will range from small shops to residential buildings to construction sites and more." Japan, which has some of the highest electric power costs in the world, is exploring innovative ways to deliver electricity to a power-hungry population. Energy companies throughout Japan are interested in the Capstone's technology, because it allows them to deliver clean power when and where it is needed without requiring a large capital investment. The Capstone MicroTurbine Model 330 With its 30 kW rating, the Capstone MicroTurbine Model 330 is quiet and produces a very low level of nitrous oxide nitrous oxide or nitrogen (I) oxide, chemical compound, N2O, a colorless gas with a sweetish taste and odor. Its density is 1.977 grams per liter at STP. It is soluble in water, alcohol, ether, and other solvents. (NOx) gas emissions. The NOX emissions of the natural gas powered Capstone MicroTurbine are less than 9 ppm. Traditional diesel generators produce more than 2,000 ppm NOX. Capstone offers versions of the Model 330 fueled by high pressure natural gas, high pressure gaseous gas·e·ous adj. 1. Of, relating to, or existing as a gas. 2. Full of or containing gas; gassy. propane propane, CH3CH2CH3, colorless, gaseous alkane. It is readily liquefied by compression and cooling. It melts at −189.9°C; and boils at −42.2°C;. , low pressure natural gas and the high pressure "sour" gas version used by petroleum producers to generate clean electricity from oilfield waste gases. Capstone also manufactures a diesel-fueled version for hybrid electric buses. The air-cooled Model 330 uses Capstone's patented air bearings. These characteristics eliminate the need for liquid lubricants lubricants preparations for the lubrication of passages to reduce frictional injury, e.g. oily preparations, including petroleum jelly, lanolin or water-soluble preparations such as methyl cellulose. and coolants, greatly reducing maintenance costs and eliminating disposal problems. The only usual maintenance is an air filter change after 8,000 hours of operation, or approximately one year of continuous use. The Model 330 weighs just over 1,000 lbs. Its outdoor enclosure, which recently won a design award from the Chicago Athenaeum ath·e·nae·um also ath·e·ne·um n. 1. An institution, such as a literary club or scientific academy, for the promotion of learning. 2. A place, such as a library, where printed materials are available for reading. Museum of Architecture and Design, is approximately 75 inches high, 28 inches wide and 53 inches deep, making it ideal for installation where space is at a premium. PowerGen Show Capstone Turbine Corporation will exhibit its microturbine technology and applications at PowerGen International Nov. 30 through Dec. 2 in New Orleans New Orleans (ôr`lēənz –lənz, ôrlēnz`), city (2006 pop. 187,525), coextensive with Orleans parish, SE La., between the Mississippi River and Lake Pontchartrain, 107 mi (172 km) by water from the river mouth; founded , La. Capstone will be exhibiting at Booth No. 2619. About Capstone Turbine Corporation Headquartered in Woodland Hills, California, Capstone Turbine Corporation is the world's leading manufacturer of low-emission, microturbine power generation systems. Capstone's air-cooled design and patented air bearing technology eliminate the high maintenance costs of traditional power generators. Capstone MicroTurbine(TM) systems are solving today's power needs, including efficient combined heat and power, oilfield flare gas reduction, power capacity additions, load management, stand-alone power for remote sites and hybrid electric vehicles A hybrid electric vehicle (HEV) is a vehicle which combines a conventional propulsion system with an on-board rechargeable energy storage system (RESS) to achieve better fuel economy than a conventional vehicle without being hampered by range from a charging unit like an . Commercial units began shipping late last year. The longest running commercial unit has exceeded 6,000 hours of operation at more than 99% availability uptime without any maintenance. Company information may be found at www.capstoneturbine.com. About Active Power Corporation Active Power Corporation, based in Tokyo, is one of Japan's newest importers and value-added distributors of small turbogenerators. Active Power provides technical support and maintenance of microturbines, design and production of packaged systems, as well as design and systems integration of combined heat-and-power cogeneration systems. For more information, phone +(03) 5419-8080. |
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