Capstone Green Energy Corp. (NASDAQ: CGRN) stock gains by 1.66% at last close whereas the CGRN stock price declines by 7.69% during the after-hours trading sessions. Capstone Green Energy is a major provider of tailored microgrid solutions and on-site power technology systems, assisting clients all over the world in achieving their environmental, energy savings, and resiliency objectives.
CGRN stock’ Upcoming Important Event
Capstone Green Energy Corporation confirmed recently that they will participate in the 14th annual Main Event at the Luxe Sunset Bel-Air in Los Angeles on Tuesday, October 12, 2021, at 10:00 a.m. PT (1:00 p.m. ET). Throughout the conference day, Darren Jamison, Capstone’s President and Chief Executive Officer, and Eric Hencken, Capstone’s Chief Financial Officer, will hold one-on-one virtual meetings with competent professional investors.
Chris Lahiji, Founder of LD Micro commented that they’re thrilled to be back in person with some of the best small-cap firms and investors. He is excited and extremely eager to re-join the company as an executive, event planner, and investor after nearly two years.
Recent Past Development
Capstone Green Energy Corporation revealed that it has been awarded a contract to supply two C1000S microturbines as part of a cutting-edge energy system for an industrial grower’s growing and processing plant in Maryland. The order, which was placed by E-Finity Distributed Generation, Capstone’s sole distributor for the Mid-Atlantic, Southeastern United States, and Caribbean, is set to be completed in the summer of 2022.
Tom McGeehan, E-Finity’s Vice President of Sales stated that the CHP plant is intended to fulfill the facility’s rigorous cooling requirement while saving the client from the high operating expenses of running a chilled water plant.
Moreover,
Two Capstone C1000 Signature Series microturbine energy systems will use their waste heat to power two exhaust-fired absorption chillers, producing 880 tonnes of chilled water for the 90,000 square foot facility’s space conditioning. In the event of a power loss, the robust system will be able to isolate from the electric grid and continue to operate the grow facility.
