Capstone Green Energy Corp

Capstone Green Energy Bags 1.6 MW Follow-on Order In Mexico
Capstone Green Energy Corp (NASDAQ:CGRN) received a follow-on order for two signature series microturbines totaling 1.6 megawatts (MWs) for a bottling and packaging solutions provider in Mexico. The financial terms were not disclosed. The C1000S and C600S microturbines will be installed in a combined heat and power (CHP) application. Capstone's exclusive distributor DTC…
Capstone Bags Contract To Supply 1.2 MW Power Generation Solution To Illinois Gas Facility
Capstone Green Energy Corp's (NASDAQ:CGRN) distributor for the Midwest, New England, and Eastern Canada, Vergent Power Solutions, secured an order for a 1.2 megawatt (MW) energy system for a northern Illinois gas utility company at their natural gas facility. Financial terms were not disclosed. The new solution, which features two Capstone C600 Signature…
Capstone Bags Two EaaS Contracts From Cryptocurrency Mining Company
Capstone Green Energy Corp (NASDAQ:CGRN) distributor for the Mid-Atlantic and Southeastern U.S. and the Caribbean, E-Finity Distributed Generation, secured two new 36-month Energy-as-a-Service (EaaS) contracts from a cryptocurrency mining company. Financial terms were not disclosed. Capstone said it focuses on growing the EaaS business model as it provides higher margins and more constant…
Capstone Distributor Secures Six Orders For C65 Microturbines
Cal Microturbine, Capstone Green Energy Corp's (NASDAQ:CGRN) exclusive distributor for California, Hawaii, Nevada, Oregon, and Washington, has secured six orders for C65 microturbines throughout the state of California. Financial terms were not disclosed. The 16 C65 units will be installed for customers in the agriculture, oil and gas, and hospitality industries. The systems are…
Capstone Secures 3 MW EaaS Contract From Cryptocurrency Mining Company
Capstone Green Energy Corp (NASDAQ:CGRN) distributor E-Finity Distributed Generation has secured a new long-term Energy-as-a-Service (EaaS) contract from a cryptocurrency mining company. Financial terms were not disclosed. The cryptocurrency mining company will use Capstone's Energy-as-a-Service to generate more efficient and cleaner electricity to power its remote data center operations. Capstone's service includes a…
Capstone To Provide Resilient Power System For New Plant In Maryland
Capstone Green Energy Corp's (NASDAQ:CGRN), exclusive distributor for the Mid-Atlantic, Southeastern U.S., and the Caribbean, E-Finity Distributed Generation, has won an order for a C1000S system from TCR2 Therapeutics. Financial terms were not disclosed. TCR2 Therapeutics is a biomedical research and development company providing novel T-cell therapies to treat various cancers. The…
Capstone Distributor Bags Contract To Provide Microturbine System To Gas-to-Energy Project In New England
Capstone Green Energy Corp (NASDAQ:CGRN) distributor Vergent Power has secured a contract to provide a one-megawatt microturbine system to be installed in a landfill gas-to-energy project for a solid waste facility in New England. Financial terms were not disclosed. The waste-to-energy project is expected to be commissioned in early 2023. The project…
Capstone Green Energy Increases DSS Program Fee To Support EaaS Business
Capstone Green Energy Corp (NASDAQ:CGRN) revealed an increase in its Distributor Support System or DSS program fee to support the expanding EaaS business. Capstone Green anticipates receiving an estimated $2.8 million in FY22. The company expects the increased DSS fee combined with expense reduction plan to improve financial performance and help reach its…
Capstone To Provide Systems To Japanese Industrial Manufacturer
Capstone Green Energy Corp (NASDAQ:CGRN) Japan distributor Kanamoto secured a contract to provide seven C65 microturbine systems to a Japanese firm in the chemical industry. Financial terms were not disclosed. Out of 44 Capstone units currently in operation at the Japanese site, the new systems will replace seven units that have reached 80,000…