Capstone Turbine Corporation (NASDAQ:CPST), a leading manufacturer of microturbine energy systems, announced it has received an order valued at $2.03 million from Samsung C&T Corporation.
Capstone’s microturbine systems create energy with lower greenhouse-gas emissions than traditional products.
Samsung C&T Corporation, the origin of the Samsung Group, is renowned for a vast range of business activities and is also engaged in energy services management for commercial and industrial customers throughout South Korea. Previous Capstone microturbines shipped to Samsung have been installed in CHP and resource recovery applications.
"This order builds further momentum for us in Asia," said Jim Crouse, Capstone’s Executive Vice President, Sales and Marketing.
"South Korea is among the world’s most technologically and scientifically advanced nations and continues to enjoy a growing economy," said Darren Jamison, President and CEO of Capstone Turbine Corporation. "Thus, we are very pleased that after much evaluation, Samsung C&T Corporation continues to distribute and install Capstone microturbines," added Jamison.
About Capstone Turbine
Capstone Turbine Corporation is a leading producer of low-emission microturbine systems. Capstone Turbine has shipped over 4,000 systems to customers worldwide. Capstone Turbine is a member of the U.S. Environmental Protection Agency’s Combined Heat and Power Partnership, which is committed to improving the efficiency of the nation’s energy infrastructure and reducing emissions of pollutants and greenhouse gases. A UL-Certified ISO 9001:2000 certified company; Capstone Turbine is headquartered in the Los Angeles area with sales and/or service centers in New York, Mexico City, Milan, Bath, Shanghai and Tokyo.
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