Capstone Green Energy Corp (fka CGRNQ)

[Seasound]

Interesting article on Capstone's "In the News" section titled Gas, Oil Power Turbine Maker featured in the Los Angeles Business Journal.

This article, while good press for Capstone's penetration in the Oil and Gas industry, is not very flattering as to Capstone's penetration into other markets. The author puts forth his opinion that Capstone must lower the cost of micro-turbines to compete. This opinion flies in the face of Capstone's business model of raising prices and cutting cost on the road to profitability.

Personally, I think that if we continue penetration into the Gas and Oil industry, due climate control mandates (no flaring,) remoteness of drilling sites, no grid near pipelines, and low maintenance, etc., we'll be okay. The author does point out that the large Oil and Gas companies tend to take a longer view and understand the amortization of the cost differential, over time, will be positive when making a choice between micro-turbines and reciprocating engines.

The much talked about contract with Orion (AKA BP Alternative Energy) would be nice to see these days as that of course is another market entirely.