Capstone supplying added microturbine to West Texas energy producer
01 May 2023
Lone Star Power Solutions, the southern U.S. distributor for Capstone Green Energy Corporation, has been contracted to provide an additional 800-kW C800S Signature Series microturbine to a large West Texas energy company. The contract follows a 3.6 MW Energy-as-a-Service (EaaS) contract with the producer earlier this year.
The West Texas energy producer is using the microturbine energy systems to power production loads using the on-site gas produced from its day-to-day operations. According to Capstone, its EaaS solution was selected due to its record of reliability in remote oil and gas fields globally and its extremely low emissions profile, as the energy producer looks to decarbonize its operations.
As part of the rental contract, all maintenance is included, enabling the customer to benefit from fixed operating costs for the term of the rental. Doug Demaret, president of Lone Star Power Solutions, said, “With emissions that are 90% lower than our customer’s previous solution and a cutting-edge on-site power generation technology that requires only six hours of planned maintenance per year, we have enabled our customers to focus on their core business and not worry about power reliability.”
Darren Jamison, Capstone Green Energy president and CEO, said both new and existing customers are finding value in the EaaS rental offerings. “We are seeing repeat orders from core industry segments like oil and gas while also expanding interest from new areas like Electric Vehicle (EV) charging providers,” he noted. “EaaS is proving itself to be a win-win solution as it meets the Capstone customer need to manage capital investment while delivering reliable, lower emissions energy, and it meets Capstone’s need for higher margins and predictable revenues and cash flow.”