Capstone to supply two 200 KW microturbines
17 June 2022
Capstone Green Energy Corporation will supply two microturbones to a Canadian firm that provides mobile power to upstream oil and gas sites. Horizon Power Systems, Capstone’s exclusive distributor for the Rocky Mountain states, Okahoma, Arizona and Western Canada, has secured an order for two C200S high-pressure natural gas systems.
“With climate change becoming a larger factor in business strategy, the oil and gas industry is looking for cleaner, cost-effective, and reliable power alternatives,” said Darren Jamison, president and CEO of Capstone Green Energy. “Capstone’s microturbine technology provides a significant opportunity to help companies in any number of industries do better for the environment while maintaining their bottom line with cost-effective solutions.”
The customer selected Capstone’s microturbine technology for its low-emission, high-efficiency performance using clean-burning natural gas as a fuel. Other important factors included the systems’ high reliability and low maintenance requirements, particularly in remote, off-grid locations, the company said.
The microturbines can also be easily integrated into utility power or microgrids where and when needed, given their range of power outputs. Eliminating the need to truck diesel fuel into well sites reduces costs and lowers emissions, while the microturbines’ quiet operation makes for a more pleasant environment.
The systems are expected to be operational in the third quarter of 2022. This is the first order Capstone has secured where the customer purchased the microturbine units to rent to its own oil and gas customers. The units will likely be installed at remote well sites and are sufficiently rugged and reliable for use in harsh Canadian weather conditions and environments.
“Our customer is committed to providing clean and reliable mobile power fueled by natural gas rather than environmentally unfriendly diesel,” said Sam Henry, President of Horizon Power Systems. “Capstone clean energy microturbine-based systems are the ideal power source to help the company fulfill its promise to customers.”
Horizon Power Systems has installed about 800 microturbines. The company specializes in combined heat and power systems, trigeneration, microgrid power, and prime power. Capstone Green Energy (NASDAQ: CGRN) provides microgrids and on-site energy systems.