Capstone Turbine (CPST) Receives Brazil Order, Stock Making Breakout Attempt

Capstone Turbine (CPST) looks very strong today and making a run at the July high around 1.20 on news the company received an order in excess of $2 million for 3 of its C800 micro turbines for a Brazilian wastewater treatment plant.  It marks the company’s first sale of the C800 in South America.

The low emission turbines will not only produce 2.4MW of electricity to power the equipment and the buildings of the two water treatment plants, but the excess heat will be used to help breakdown the sewage.  Now that’s what I call maximizing efficiency! 

A quote from CEO Darren Jamison:

“Clean-burning, low-emission microturbines are well suited to use biogas as a fuel.  Many wastewater treatment plants, landfills and agricultural operations flare waste methane gas into the atmosphere, which increases greenhouse gas emissions and global warming. Capstone microturbines are an ideal solution because they use the biogas to produce reliable, clean renewable energy onsite.”

Shares of CPST are cureently up 9% on good volume.

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