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"The company says the Supercar will available in late 2010, while the SOLO crossover could be ready in 2011."
VELOZZI!!!
Thanks to our friend STJERMAINE from Yahoo MB:
http://www.greencar.com/articles/velozzi-electric-car-could-offer-up-1000-mile-range.php
Capstone Turbine Corporation Enters Marine Onboard-Power Market; Selects Kilo-Pak as OEM for Marine Industry
Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST), the world's leading manufacturer of clean technology microturbines, has entered into an original equipment manufacturer (OEM) agreement with Kilo-Pak for microturbine-based onboard power packages for the marine industry.
Onboard power plays a crucial role on commercial vessels and luxury yachts, providing all power for navigation, communication and computer systems; on-board lights; heat; galley and elevator operations; helicopter landing pads; and much more.
Kilo-Pak, a Reagan Equipment subsidiary, developed a traditional onboard-power generator for the luxury yacht market in 2008 that uses diesel engines. Recently, in response to interest across the marine industry in cleaner generating systems, Kilo-Pak developed the Klean-Pak power package, powered by Capstone's low-emission, clean-and-green 30-kilowatt or 65-kilowatt microturbines. In addition to low emissions, Klean-Pak offers a zero-vibration, quiet and more efficient operation than traditional internal combustion engine generator sets.
"Emissions are a top-of-mind issue for many in the marine sector, especially since ports around the world are instituting strict emissions requirements," said Jim Crouse, Capstone's Executive Vice President of Sales and Marketing. "Fortunately, Kilo-Pak is working to help solve the problem by replacing older technologies with environmentally friendly Capstone microturbines in the Klean-Pak power package."
Unlike traditional marine generators, low-maintenance microturbines do not require oil, lubricants or coolants because of Capstone's patented air-bearing technology -- thus further reducing the microturbines' environmental impact beyond just low emissions.
"As navigation, communication, computer and lighting systems on commercial vessels and luxury yachts become more complex, they require higher levels of power," said Victor McCullough, Director of Sales, Reagan Equipment. "Over the years, traditional engines to drive onboard equipment have become larger and larger, emitting more emissions into the atmosphere. We knew about the low emissions and high reliability of Capstone microturbines, so we said, 'why not use them on boats?'"
"Everyone wants to be more environmentally responsible -- boat builders, boat owners and port authorities," McCullough added. "Today more manufacturers are building green boats. Capstone manufactures the cleanest and most sophisticated microturbine in the world. If I'm going to supply and install a microturbine on a commercial ship or luxury yacht, I want it to be the best."
Capstone Announces Launch of Carb Emissions Certified Product to Operate in Hybrid Electric Vehicles
CHATSWORTH, Calif., Jun 21, 2010 (GlobeNewswire via COMTEX) --Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST), the world's leading clean technology manufacturer of microturbine energy systems, today announced that it released configurations of the C30 liquid fuel microturbine that meet extremely low global emission standards including California Air Resources Board (CARB) requirements for New On-Road Heavy-Duty Engines for Urban Bus - Hybrid service.
Test emissions from the C30 Liquid Fuel microturbine measured dramatically less than the emissions levels set forth by the CARB standard including NOX at 80% and CO at 99% less than the required levels.
The Capstone C30 Liquid Fuel microturbine is the only engine certified to the CARB emissions levels that went into effect for Model Year 2010 On-Road Heavy-Duty Diesel Engines to operate on diesel fuel with no exhaust after treatment, including urea injection or exhaust catalyst. Emissions were achieved using the next generation of Capstone's lean premix combustion technology. The result of no after treatment equipment allows Capstone to achieve these emission levels without impact to product efficiency, additional cost or increased vehicle weight.
"I am pleased that our engineering staff continues to identify unique solutions to technically challenging problems that address the needs of the future," said Mark Gilbreth, Capstone's Executive Vice President Operations and Chief Technology Officer. "We will continue to focus on developing cutting edge technology to reduce harmful emissions, increase fuel efficiency, and reduce product cost."
The Capstone C30 Liquid Fuel microturbine is the only diesel fueled range extender that has been certified to the CARB Urban Bus and Urban Bus Hybrid standard for operation on diesel fuel. Capstone recently completed third party testing and validation of its compressed natural gas (CNG) product and anticipates filing for CARB certification in the coming weeks.
"Having the only 2010 CARB certified range extender for heavy duty transit that does not require exhaust after treatment allows DesignLine to offer a product that meets market requirements and assists transit properties in lowering fleet emissions without incurring the additional cost of changing their existing fueling infrastructure or maintaining costly exhaust after treatment systems," said Brad Glosson, President and Chief Executive Officer of DesignLine Corporation. "This new certification will open sales in California and will help us win orders in all U.S. markets looking for world class emissions, improved fuel economy and lower maintenance costs."
"Hybrid Electric Vehicles present a unique market opportunity for Capstone's microturbine products," said Jim Crouse, Capstone's Executive Vice President of Sales and Marketing. "We have a product that we believe is well positioned to meet continuing emission standard reductions and for the growing electric vehicle market looking for range extending solutions."
"Hybrid Electric Vehicle applications are a growing part of Capstone's business as countries continue to implement stringent emissions standards," said Darren Jamison, President and Chief Executive Officer of Capstone Turbine Corporation. "The ability to provide clean burning power generation helps meet California requirements today and sets the standard for other nations as they establish emissions requirements," added Jamison.
Please supply links and sources for all of your "information" presented in your post. TY.
Interesting new Article compliments of our friends at Yahoo CPST MB:
http://www.dieselpowermag.com/features/1004dp_capstone_cmt_380_diesel_electric_supercar/index.html
Agreed!
President Obama unveiled a $2.3 billion tax credit Friday to promote clean energy technology and boost job creation in the hard-hit manufacturing sector.
Please elaborate. Thanks.
U.S. President Barack Obama said on Friday December jobs figures showed the road to economic recovery was "never straight" and meant the country must continue to explore ways to accelerate hiring.
President Obama unveiled a $2.3 billion tax credit Friday to promote clean energy technology and boost job creation in the hard-hit manufacturing sector.
The credit, from funds earmarked under an emergency $787 billion stimulus package Obama signed in February 2009, would create 17,000 new U.S. jobs and would be matched by an additional $5 billion in private capital.
High unemployment is one Obama's most pressing domestic challenges and a monthly payroll report released earlier on Friday served a reminder that labor market conditions are still grim. U.S. unemployment remained stuck at 10 percent in December, while businesses unexpectedly shed 85,000 jobs.
After the release of the jobs numbers, Austan Goolsbee, staff director and chief economist of the White House Economic Recovery Advisory Board, told CNBC that he thinks a jobs package is a necessity, and that the White House won't be satisfied until jobs start growing strongly again. He also said the economy is making some improvement but not enough when it comes to job creation.
Preoccupied in the first week after the year-end holidays by the fallout from a botched Christmas Day plane attack, the White House is expected to firmly switch its focus to growth and jobs.
The following are some of the reasons why Obama must boost jobs, or suffer the political consequences of failure:
What Are the Politics of Unemployment?
Beating back unemployment will be a key yardstick by which U.S. voters will measure Obama's White House, shaping his ambitious legislative agenda and going a long way to determining his own long-term political future.
Opinion polls consistently find American households anxious about job security.
So his failure to tackle this issue will cloud any victory that Obama can claim on health care, financial regulatory reform, climate change or the prosecution of wars in Iraq and Afghanistan.
In addition, these goals will themselves be harder to reach unless the White House can translate an economic recovery into an engine for job creation.
Obama's popularity has already drifted down to around 50 percent as the jobless rate has climbed.
This is likely to mean his Democratic Party will suffer in November mid-term congressional elections, when the party in power traditionally loses ground, unless the White House convincingly turns this trend around.
How Does Jobless Rate Impact Congress?
A reduced majority will make it even harder for Obama to push his reform agenda through Congress.
Weak party discipline has already complicated that task, despite a solid Democratic majority in the House of Representatives and 58 Senate seats, plus two independents who usually vote with the Democrats.
This gives Senate Democrats 60 votes, which is enough to thwart procedural delaying tactics by the Republican party opposition — provided everyone votes the party line.
In addition, the highest unemployment levels in 26 years are putting a serious drain on the country's budget, costing hundreds of billions of dollars in social safety-net payments and in lost income tax revenue.
Update from ntraderpro @ yh MB:
http://www.globes.co.il/serveen/globes/docview.asp?did=1000528121&fid=1725
Courtesy of doowop and bklynfuel on yhoo MB:
"Could be news regarding price increases any time. Also, CPST will be presenting this week at the Pritchard Capital conference this week starting tomorrow. Over 100 companies participating.
Virtually all analysts and money managers following energy will attend".
http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsId=20091214005848&newsLang=en
I guess they figured $1.37(or that vicinity) was a good time to cash in. I wonder what they paid for those shares?
2009 Car Maker Winners Of The Hybrid Age *
.....[The Award For Disruptive HEV Design Goes To… Capstone Turbines. It takes an outsider to think outside the box and Capstone Turbine has done it this year with the very smart and logical choice of putting a turbine to recharge a lithium battery pack. First with the announcement of a Ford S-Max PMV prototype, the company went even further with a stunning Factory Five, a PHEV at the LA Auto Show.
It would make sense to see a startup or less established company, and in the case of Capstone Turbine, an outsider push the envelop. Mainstream car makers, on the whole are big and heavy which puts them at a disadvantage to react quickly and introduce new technologies. Hopefully, both can help each other.].....
http://electricnick.com/2009/12/25/2009-car-maker-winners-of-the-hybrid-age/
*Courtesy of wsquared @ yahoo finance
Frankie, Happy Holidays to you too and to the whole Capstone crew.
A lot of good news from Cappy in 2009. The New Year should be very interesting.
Didn't mean it to sound like that CaptW - my bad.
You did the right thing! Keep up the good work.
My only excuse is that I am suffering the effects of the flu and under the influence of flu medicine. Not exactly a great combo for clarity.
Happy Holidays!
Peace!
DJ owns how many hundreds of thousands of shares?
Do you not think he wants this baby to go higher?
Just in case you missed it again, it's the IRS and Taxes. See last post.
Captwhiz, what exactly is your point with this post? We went through this explanation on 12/14/09 -
***foonote, from Bodhsivita(12/14/09):
"On the 5 Sales - Look in the Amount Column and you will see the number (1).
1. The shares were sold pursuant to the prior authorization of the Reporting Person to cover the tax liability resulting from the vesting of restricted stock units.
You might want to go to the SEC website and get a list of the different codes. Most people see these sales and thing the stock is going nowhere but down. They might have 2nd thoughts if they knew the SEC Codes.
I'm not a pumper but I do believe in this Company."
Did you miss this?
this company was finished a long, long, long time ago!
Excellent post from CPST Yahoo MB, all courtesy of soarbbs-
---------------------------------------------------
"From Capstone website.
New vehicles with C65s unveiled in Milan – Capstone had a strong presence at the 4th
MobilityTech Conference in early October in Milan, when Capstone’s sales team from
Europe, Russia, the Middle East and Africa presented a paper with the company’s new
HEV partner, Zero Emission Mobility of Brescia, Italy. http://zemplc.com/about.php?cid=14 In addition, Zero Emission Mobility
introduced its new aluminum chassis, 10.5-meter bus and promoted its innovative
Refuse Collection Vehicle, both of which include Capstone C65s as range extenders.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Now from the ZEM weblink above we find:
Karl Watkins CEO of Zero Emissions vehicles.
Karl Watkins has done this HEV roll out before, only with FuelCell Hybrides and EVs.
He has the capacity and capability already in place to do it again when/if he is ready to roll....all.
ZEM CEO Karl Watkins He was a founder Director or major shareholder in Proton Power Systems Plc
http://www.protonpowersystems.com/
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Moving on:
Proton Power Systems did a reverse merger with a company by the name of Proton Motors http://www.proton-motor.de/applications-...
"Proton Motor had historically secured external funding from Volvo Technology Transfer AB and other German institutional and private investors......
Proton Power Systems was formed in February 2006 as a vehicle to facilitate interim funding. Proton Power Systems subsequently acquired Proton Motor in a share for share exchange in April and May 2006."
Proton CEO John Wall Sept 26 2007:
Quote:
"Proton itself moved from a high-cost, low-volume business to a low-cost, high-volume operation. "The stakeholders we've had in recent years - such as Volvo and Karl Watkins - wouldn't have been so keen to get involved a decade or so ago," adds Wall
>>>>>>>>>>>>>>>>>>>
Proton Power:
"Urban utility vehicles such as refuse trucks or road sweepers and vehicles for courier services and local logistics service providers"
http://www.proton-motor.de/fileadmin/doc... ..........
Fully Electric Small Utility Truck Debuts at Hanover Fair:
2008-04-14 - Proton Motor and Karmann present the jointly developed fuel cell vehicle EcoCarrier HY3. The German contract manufacturer is producing the battery-powered version of the lightweight commercial vehicle on behalf of EcoCraft Automotive in series production.
http://www.atzonline.com/index.php;do=sh...
>>>>>>>>>>>>>>>>>>>>>>>>>> VW/EcoCarrier link is here <<<<<<<<
With the EcoCarrier, EcoCraft has developed a van which provides a solution to all these challenges.
The company manufactures the “EcoCarrier” small truck in collaboration with VW Sarajevo; it is equipped either with a purely electric or optionally with a hybrid (fuel cell) drive system, and is supplied in two versions for use by small tradesmen, public authorities, airports, postal and courier services and above all municipal service departments.
“VW Sarajevo is contributing its many years of competence in automotive construction to the manufacture of the EcoCarrier, and is thereby facilitating the serial production of low-emission light commercial vehicles in increasingly large numbers, while maintaining consistent quality,” declared Giso Gillner, General Manager of EcoCraft Automotive.
http://www.ecocraft-automotive.com/152.html?&L=1
This could never happen OR it could happen tomorrow or next week??? I do not know, just posting my DD."
WESCO International is a Fortune 500 holding company whose primary operating entity is WESCO Distribution, a leading wholesaler and distributor of electrical and industrial products.
With operations of over 350 full-service branches in North America and around the World, WESCO generated $3.33 billion total sales revenue in 2002. In Canada, we serve major markets such as industrial, construction, government and data communications through 50 branches and over 700 employees coast to coast.
Capstone Signs PowerTherm Systems as OEM for Hybrid Boiler Solutions
CHATSWORTH, Calif., Dec. 14, 2009 (GLOBE NEWSWIRE) -- Capstone Turbine Corporation (www.capstoneturbine.com) (Nasdaq:CPST) the world's leading clean technology manufacturer of microturbine energy systems, announced today that it has entered into an Original Equipment Manufacturer (OEM) agreement with PowerTherm Systems, Incorporated (www.powerthermsystems.com). PowerTherm Systems offers hybrid boiler products by integrating Capstone's clean and reliable microturbines with premium boilers manufactured by EASCO Boiler Corporation. PowerTherm utilizes WESCO Distribution (NYSE: WCC) (www.wesco.com) as their exclusive world-wide channel to market the PowerTherm product line.
"Capstone is proud to be part of the PowerTherm hybrid boiler solution, and having its technology paired with a company like EASCO Boiler, which has been building quality products since 1925. This solution is truly a 'Boiler That Makes Electricity' with the microturbine producing electricity while its high temperature exhaust flows directly into the boiler combustion chamber or via a heat exchanging coil within the unit," said Darren Jamison, Capstone President and CEO. "In addition, I'm very impressed with PowerTherm naming WESCO Distribution, a Fortune 500 company and leading distributor of electrical construction and industrial maintenance products, as its world-wide channel partner," added Jamison.
Buildings account for over 40% of the total Green House Gas (GHG) emissions in the United States. Using the Environmental Protection Agency's (EPA) combined heat and power (CHP) calculator, the single installation of a base model PowerTherm Energy Solution can reduce C02 emissions by over 250 tons per year, which is equivalent to permanently removing 40 cars from the highways of the world.
"Traditional boilers are sized to assure that buildings have adequate heat on the coldest days of the year. Since maximum heat is not required for most other days, boilers are almost always cycling on and off, which creates standby losses, with the burners firing at sub-optimal levels. This form of operation, which has traditionally been necessary, is inefficient, wastes fuel and increases the maintenance costs. These inefficiencies and economic losses can be dramatically reduced and the thermal energy of the boiler can be greatly increased with the PowerTherm product. In addition to the increase in boiler efficiency, the PowerTherm boilers, utilizing Capstone's MicroTurbine, create an additional savings by generating electricity to reduce overall site energy costs," according to Jim Crouse, Capstone's Executive VP Sales and Marketing.
"We view PowerTherm as a breakout product in the energy efficiency market and part of the continued expansion of our Green and Sustainable Initiatives. PowerTherm represents an innovative and compelling solution that simultaneously produces hot water for heating use, while generating electricity through a single integrated system. Multiple configurations make PowerTherm suitable for a wide range of new construction and renovation projects in large residential buildings and commercial and industrial facilities where boilers are utilized. With tens of thousands of boilers in New York City and close to a million boilers nationwide, we see substantial opportunity in this product deployment. We look forward to having access to an increasing offering of PowerTherm related solutions," said Stephen A. Van Oss, SVP and Chief Operating Officer of WESCO International.
"It has been a multi-year effort on behalf of PowerTherm, EASCO and WESCO to complete the PowerTherm product development and market strategy. Now that the product is commercial and PowerTherm is taking orders I am pleased to have them as an OEM partner," added Jamison.
LOL!!! Wouldn't surprise me.
MMs and shorts.
NEW JOB POSTINGS - CAPSTONE TURBINE
12/07/09 Payroll Specialist - Capstone Turbine, the world’s leading producer of very low-emission microturbine systems used for onsite power production, has an immediate opening in our Chatsworth, CA office for a Payroll Specialist. The person we seek will, under general supervision, prepare payroll for non-exempt & exempt employees on a bi-weekly basis. The successful candidate must be detailed oriented and have two years of experience using ADP and Report smith. Experience with ezLabor Manager and out-of-state employees highly desired. The candidate must also have extensive knowledge of both California and Federal wage & hour laws and have the ability to accurately convey proper timekeeping practices to the appropriate personnel.
12/01/09 Manager Purchasing - Capstone Turbine, the world’s leading producer of very low-emission microturbine systems used for onsite power production, has an immediate opening in our Chatsworth, CA office for a Manager Purchasing. The person we seek will manage all purchasing functions. Negotiate with vendors for the purchase of all materials, supplies, equipment and services used by Capstone. Analyzes changes or new issues in materials and supply to reduce costs and improve quality. Develop strategic agreements by commodity for all materials to ensure overall best value with just in time quality products. Drive major supplier base reductions while meeting target cost reduction goals. Establish supplier managed inventory programs for all low dollar hardware and non-subcontract type hardware. Establish purchasing policies and procedures that meet all compliance requirements. Aggressively develop, execute and track supplier rating system to improve cost effectiveness and reduce defects / late deliveries. Facilitate the overall effectiveness of the company's purchasing effort by maintaining the proper balance of individual performance accountability and team-oriented activities. Be willing to travel. Demonstrate strong analytical and strategic skills coupled with a focus on results and data management. Be knowledgeable in a variety of software systems (SAP experience preferred), Microsoft Office) and capable of generating accurate reports for reliable information to be used in key decision-making processes.
Bachelor’s degree in a business related area, technical area a plus. Eight to ten years purchasing experience, preferably in a manufacturing environment to include experience with moderate volume manufacturing products and sourcing mixed commodities. APICs certification preferred and ABILITY TO SPEAK CHINESE IS A DEFINITE PLUS
11/24/09 Senior Accountant - Capstone Turbine, the world’s leading producer of very low-emission microturbine systems used for onsite power production, has an immediate opening in our Chatsworth, CA office for a Senior Accountant. The person we seek will maintain the credibility and integrity of the Company’s general ledger by properly managing certain aspects of the general accounting function and internal controls. Assist the Controller in providing analysis and compliance work for internal and external parties. This person will supervise the Accounts Payable function, manage and maintain the SOX documentation and fixed assets, prepare and file multi-state Sales & Tax returns, month end journal entries and prepare monthly account reconciliations/bank reconciliations.
Bachelor’s degree in Accounting or Finance with 5+ years of accounting experience in a manufacturing environment and knowledge of GAAP and ERP systems. SAP preferred.
I don't understand the lack of interest here. Other places like Yahoo Message Boards are absolutely buzzing about Capstone.
There are many people fighting to keep CPST down. Maybe this site is being pressured by those very people. That's how it looks. They(the shorts and/or the bashers) are fighting a losing battle. They won't be successful; soon Capstone will take off like a Roman Candle.
Wow...what's with this place? Where is everybody? Yahoo message board is jumping with interaction. C'mon man, let's get it going here. Capstone is ready for takeoff!!! Get on Board!!!
Look for those beautiful Cappy Turbines in the beginning of the video and at about 1:30 of the video.
http://www-03.ibm.com/press/us/en/pressrelease/28946.wss
Yeah MAN!!! Capstone will rise.
WABC-TV News did a piece on this afternnon's news report re: these buses in NYC. NYC plan's to order 87 more, if all goes well.
N.Y. Times Article 12/07/09 - Designline(Capstone) Buses
http://www.nytimes.com/2009/12/07/nyregion/07bus.html
Those are Capstone's turbines in these buses:
http://www.nytimes.com/2009/12/07/nyregion/07bus.html?_r=2