Capstone Turbine Corporation (NASDAQ: CPST) continues to receive orders for gas turbines. Since the beginning of the year, CPST quotes have grown by 140% to $ 7.38 in the previous auction. The company produces small turbines with a capacity of tens of kilowatts, which, if necessary, can be combined into a more powerful power plant. Such installations can be used in small industries, as well as a means of providing uninterruptible power supply for autonomous generation systems based on solar panels and wind turbines. In December, Capstone was awarded a number of new contracts. For example, this week it became known that Optimal (the Australian distributor of Capstone) has signed a 10-year contract to maintain a 1 MW power plant for Santos Limited, one of the largest oil and gas producers in the region.
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