24 May 2010– Capstone Turbine Corp. will participate in a program through the Department of Energy to develop a more efficient microturbine combined heat and power (CHP) system and is part of a CHP Technology Development and Demonstration program managed by the DOE’s Energy Efficiency and Renewable Energy Office. The microturbine design is expected to have an electrical efficiency of 42 percent and output of 370 kW.
The new design will be combined with an integrated heat recovery system to provide a total system efficiency of 85 percent.
The two-year program will cost $17 million, of which DOE is funding $5 million.
This award is subject to completion and execution of contracts and sub-contracts with the various parties involved in carrying out the product development programs.
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