Capstone Extends Agreement With GE; Products Eligible for Incentive Under California Self-Generation Incentive Program
Capstone Turbine Corp. a clean technology manufacturer of microturbine energy systems, recently extended its OEM agreement for GE’s Heat Recovery Solutions segment Clean Cycle™ generators.
The original agreement has been extended through January 2016. In addition, GE will provide parts support to Capstone through 2020. Capstone has seen significant interest in the Clean Cycle generator, both with Capstone’s microturbine and in other waste heat applications. The addition of Organic Rankine Cycle (ORC) technology to the California Self-Generation Incentive Program (SGIP) means that qualifying California utility customers can receive up to a $1,250/kW rebate to help reduce the cost of installing the Capstone waste heat application.