Capstone Green Energy Corp (fka CGRNQ)

[Seasound]

In 2008 the company bought 110 C30s for an aggregate value of 4.7 million. This works out to $42,727/unit. Assuming all things equal the total value of the additional 44 units would be $1.88 million, although I believe Capstone has raised their prices per unit since '08. It is good that the field units have been performing well and a follow-on order has been placed as a result.

I was wondering why the pps wasn't moving to much with this announcement and would assume that although the quantity was significant the total revenue to the company will be a drop in the bucket. "Hundreds over the next 5 years sounds good, especially if Capstone can get the cost to build them down.)

While not intending to belittle the order (any order is good if it adds to the bottom line) this is a perfect example of why DJ hopes the C800s and C1000s take off, i.e. larger margins.