Capstone Turbine Corporation (NASDAQ:CPST) announced Thursday thast it has won a second order for its microturbine for use in Manhattan’s Hudson Yards district.
The company said the follow-on order for a second Capstone Turbine C1000S Signature Series microturbine with a Factory Protection Plan (FPP) will be used for a grid-connect combined heat and power (CHP) project at the South East Tower on Manhattan’s westside.
This order follows the recent installation of a Capstone Turbine C1000S with CHP and FPP on the 56th floor of Manhattan West’s North East Tower earlier this year, Capstone said in a statement.
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According to Brookfield Properties, Manhattan West is a seven-acre mixed-use development located in the heart of Manhattan’s Hudson Yards district. Situated by Ninth and Tenth Avenues, as well as West 31st and West 33rd Streets, Manhattan West is the vital link between the Midtown business district, the Penn Station complex, the gateway to the Hudson Yards district, and the north end of Chelsea.
The project consists of two 2-million-square-foot office towers, a residential tower with 844 units, 225,000 square feet of retail and dining amenities, and two acres of public open space.
The second order for a 1 megawatt (MW) microturbine is scheduled to be installed within two years -- after which the clean and green natural gas Signature Series C1000S microturbine will baseload electrical and thermal energy demand, saving the facility an estimated high six figures per year, Capstone said.
RSP Systems (RSP), Capstone’s exclusive distributor in New York City, Westchester County and Connecticut, will give long-term service support under the FPP program, which provides fixed costs for all services, further underpinning the energy savings.
“Having successfully earned the trust of one of the world’s largest REIT’s, Brookfield Properties, and more importantly, gained a satisfied repeat customer by evidence of this latest order is a testament to the performance and reliability of the Capstone microturbines in the CHP market,” said Bruce Beckwith, RSP’s executive vice president.
Capstone CEO Darren Jamison praised Brookfield Properties’ “progressive vision selecting RSP and Capstone Turbine” as building owners tire of unpredictable electrical power blackouts.
“In today’s world, we are seeing more utility grid power outages, and customers are not settling for the ‘new normal’ of simply accepting power outages and are taking control of their power options,” Jamison said. “Capstone microturbines systems are a reliable, efficient, low emission solution that customers can continue to count on for 24x7 power resiliency.”
Capstone, based in Van Nuys, California, offers a product line-up of microturbines that can produce anywhere from 30 kilowatts to 10 megawatts of power, operating on a variety of gaseous or liquid fuels. To date, Capstone has shipped over 9,000 units to 73 countries.
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