Capstone Turbine (CPST) Projects Receive $1.6 Million In Stimulus Funding

Capstone Turbine just announced that 2 of the nine projects from Pennsylvania chosen to receive American Recovery and Reinvestment Act funding under Pennsylvania’s GreenWorks program were submitted by its Mid-Atlantic distributer, E-Finity Distributed Generation, and use Capstone’s technology.

The two projects will receive a combined $1.6 million in funding. They involve installing and maintaining a Capstone C1000 at Mount Joy Wire Corp and a Capstone C200 natural gas turbine at Philadelphia Gas Works.

In a press release, Darren Jamison, Capstone’s President and Chief Executive Officer, commented on the news:

“E-Finity has done a tremendous job in working with potential clients on overall energy savings and energy efficiency projects utilizing Capstone’s clean and green technology. E-Finity has been very active in helping customers successfully participate in not only the American Recovery and Investment Act but also in the New Jersey Clean Energy Program, the PSE&G Standard Offer, and the Pennsylvania Re-Investment Fund, among others,” added Jamison.

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