- Capstone Green Energy ( NASDAQ: CGRN ) has received an order for a 1MW C1000S microturbine rental package for an undisclosed global oil and gas technology company.
- The order will be deployed in a remote oil field in Ecuador in early April, replacing an existing diesel generator to produce electricity using associated gas directly from the pipeline.
- Power from the microturbines will provide all the electricity needed to power on-site surface production equipment and the pump station.
- In February Capstone secured an order for a C1000 Signature Series microturbine from Italian distributor IBT Group.
- Shares are trading around +3.11% as of 9AM Wednesday.
For further details see:
Capstone Green Energy secures 1MW microturbine rental order