Tag Archives: cpst

Capstone (CPST) Announces Mexico Distribution, Four C30 Orders For Offshore Oil Platforms

It was just a couple days ago that I posted about Capstone’s Brazilian order which technically set the stock up for a significant breakout move.  That breakout move is continuing this morning on news the company has named Industrias Energeticas as its newest distributor in Mexico along with a $500K order for four of its C30 C1D2 microturbine systems for offshore oil drilling platforms in the Gulf of Mexico.  The two companies have a long … Read the rest

Capstone Turbine (CPST) Conference Call Highlights

The following conference call notes for Capstone (CPST) is provided courtesy of StreetInsider.com

  • Growth in backlog exceeded internal forecasts
  • In order to meet increased demand, may need to raise funds
  • May not be able to utilize a line of credit due to failure to meet financial covenant relating to quarterly loss
  • Experienced minor reduction in product backlog which company believes is impressive in this environment
  • Increase in manufacturing costs related to product launches of C200
Read the rest

Capstone (CPST) Reports In Line, Off 8% AH

It always amazes me at how many ways an earnings report can be spun based on if the company beat analyst estimates and whether the analysis includes one time charges or not.  Here at GreenStocksCentral.com I prefer to look at organic growth (exclude one time gains and costs) and since analysts typically exclude one time costs/gains in their calculations as well, it makes sense to do the same for comparison sake.  Such is the case … Read the rest

Capstone Turbine (CPST) Nets New Distributor For Kansas, Arkansas and Missouri

Capstone Turbine announced on Monday that has added a new distributor for its products in Kansas, Arkansas and Missouri: Interstate Power Solutions, a company that has been supplying electrical systems to Midwestern companies for over 25 years.

In a press release, executives from both companies commented on the partnership:

“Interstate has a successful track record of working with companies throughout the Midwest to help improve their energy systems,” said Jim Crouse, Capstone’s Executive Vice … Read the rest

Capstone Turbine (CPST) Popping After Press Release Indicates It’s Eligible For Government Funds

Last week I reported on the government’s plan to get $3 billion in the hands of alternative energy companies quickly by providing funding up front rather than on the back end through tax breaks.  This morning, the company is making sure we all know that they are eligible for the funds by sending out a press release.

“Capstone has been very pleased with the growing support for its technology by the U.S. Government,” said Darren … Read the rest

3 Green Stocks To Watch: RSOL, CPST, ESLR

About once a week I’ll start highlighting a few stocks that I think are offering bullish setups.  Please keep in mind though that this is a watch list and not a recommendation to buy or sell.  Please do your own research.  The following stocks recently moved big with record buy volume…

The first green stock I want to mention is Real Goods Solar (RSOL).  The stock soared with record volume on June 5th following news … Read the rest

Capstone (CPST) Integrates C30 Microturbine Into Ford S-Max Plugin Hybrid (Whisper Eco-Logic)

capstone ford s-max Capstone (CPST) is soaring nearly 50% this morning after the company announced that it has successfully integrated its C30 liquid fueled microturbine into a Ford S-Max plugin hybrid which was designed and modified by Langford Performance Engineering.  The C30 kicks in after 40 miles, extending the electric range by working to charge to the lithium batteries.  Langford reports that the car, named the “Whisper Eco-Logic” is getting up to 80 mpg in early testing.

“The … Read the rest

Capstone Turbine (CPST) Receives 3 Microturbine China Orders

Capstone Turbine (CPST) announced that it has received an order for three C200 microturbine systems for China Southern Power Grid (CSG), one of two state owned power grid companies in China.  The low emission, natural gas powered turbines will be installed in a CSG dispatch building as a test project to show the benefits of microturbines in a combined cooling heat and power application. 

China doesn’t currently have a standard grid-interconnection policy for distributed power … Read the rest

Capstone Turbine (CPST) Receives Order For Hybrid UPS

Capstone Turbine just announced that it has received an order worth more than 1 million dollars for its C65 Hybrid Uninterruptible Power Source (UPS) units. These units, which combine microturbines with a dual-conversion UPS, are a green way to provide power to data centers.

In a press release, Capstone’s President and CEO commented on what makes this product special:

“Capstone turbines when used as a UPS application are considered clean-and-green because they emit low greenhouse-gas … Read the rest

Capstone Turbine (CPST) Sells C200 Microturbine To Shanghai Skyscraper

Capstone Turbine Corporation has sold a C200 Microturbine wind energy system to a Shanghai high-rise. The 14-story Shanghai Shenergy Energy Center will be the first building in Shanghai to use Capstone’s low emission, natural gas powered microturbine to produce clean energy.

In a company press release, Darren Jamison, Capstone President and Chief Executive Officer, commented on the sale:

"Worldwide interest in Capstone’s C200 product has been strong since it was introduced over a year ago. … Read the rest