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Capstone Turbine distributor says its microturbines continued to run despite recent NYC blackout

Corey Glick, President of Reliable Secure Power Systems (RSP), the exclusive distributor for Capstone Turbine Corporation (NASDAQ:CPST) tells Proactive Investors the firm's microturbines powered through the recent blackout that plunged a broad swath of Manhattan into darkness.

Glick says the units are fed by pipeline natural gas, and its technology can be configured to run grid-parallel 24/7 and also as stand-alones, even during power outages

Quick facts: Capstone Turbine Corporation

Price: 2.79 USD

NASDAQ:CPST
Market: NASDAQ
Market Cap: $25.44 m
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Full interview: Capstone Turbine sees aftermarket service grow by 20% in Q-3

Capstone Turbine (NASDAQ: CPST) SVP of Customer Service and Product Development Jeff Foster joined Steve Darling from Proactive on Skype to discuss the company’s 3rd quarter financial numbers that included a 25% increase in gross margins. Foster discussed more of the strong quarterly...

1 week, 1 day ago

2 min read