CPST - Capstone sees continuing rebound in Europe with new microturbine orders

Capstone Turbine ([[CPST]] -5.5%) continues to have success in the European energy efficiency market with three separate orders for 10 C65 microturbines, totaling 650 kilowatts, from various commercial industrial combined heat and power customers.E-quad Power Systems, Capstone's exclusive distributor in Germany and Luxembourg, secured the order, which is expected to be commissioned by the end of 2020."We are recognizing that more and more customers are making progress in overcoming the economic standstill caused by the COVID-19 pandemic," said Marcus Mehlkopf, Founder and Managing Partner of E-quad Power Systems. "This has forced us and the customer to push more projects through the pipeline, further accelerating projects through the remainder of the year."

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Capstone sees continuing rebound in Europe with new microturbine orders