- Capstone Green Energy ( NASDAQ: CGRN ) gets several new rental contracts on Energy-as-a-Service basis, having at least 39 MW EaaS contracts so far, and expects to hit its 50 MW target by March 31, 2023.
- "Capstone is seeing ongoing strong customer demand across multiple industries for its EaaS long-term rental services. The growth has been robust, with 7 MW under contract in March 2021 and 26 MW under contract in March 2022. Today EaaS agreements are approaching 40 MW” - President and CEO Darren Jamison
- Capstone developed a “re-rent” strategy, where an existing customer’s pre-owned microturbine unit, that is not being utilized, is deployed it into the company's EaaS customer base, in order to to accelerate growth.
For further details see:
Capstone Green on pace to reach 50MW of EaaS contracts in 2023