Capstone Green Energy Receives Inverter Compliance to California Rule 21
Capstone Green Energy Corporation (NASDAQ: CGRN) announced the certification of its C65 and C200 inverters for California's Rule 21, aligning with new power generation communication requirements. This achievement builds on previous certifications, enhancing Capstone's position in meeting evolving global grid standards. The certification enables remote monitoring and communication for utility connections, reinforcing Capstone's commitment to innovation. The company also emphasizes cross-departmental collaboration crucial for addressing diverse international grid interconnect needs.
- Certification of C65 and C200 inverters for California Rule 21 enhances compliance and competitive positioning in the market.
- Successful collaboration across departments aids in meeting evolving international grid standards.
- Minimal downtime required for software updates supports customer needs without significant disruptions.
- None.
Rule 21 Enables Capstone Green Energy to Comply with New California Power Generation Communication and Control Requirements
“Our Capstone engineering team works continuously to stay ahead of the growing number of new global grid interconnect requirements and standards,” stated
The controller integrated solution includes a gateway module that facilitates two-way utility connections for remote monitoring, as well as dispatching updated settings for inverter output response. The gateway acts as a communications protocol converter, allowing a utility connection based on IEEE 2030.5 and the Sunspec Common Smart Inverter Profile (CSIP) to read and write data using the proprietary Capstone protocol integrated into the microturbine Smart Inverters. The gateway is also certified as a standalone device in the event that a full feature controller is not required.
“Staying current on the evolving global grid interconnect standards is no small task,” said
At the turn of the century, traditional grid standards were still primarily focused on ensuring the safe adoption of power generation equipment. However, as photovoltaic (PV) and wind generation accelerated in
“While we have a small team dedicated to certification and surveillance, we have been able to partner with different
About
For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: rentals@CGRNenergy.com. To date, Capstone has shipped over 10,000 units to 83 countries and estimates that, in FY21, it saved customers over
For more information about the Company, please visit www.CapstoneGreenEnergy.com. Follow
Cautionary Note Regarding Forward-Looking Statements
This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding expectations for green initiatives and execution on the Company's growth strategy and other statements regarding the Company's expectations, beliefs, plans, intentions, and strategies. The Company has tried to identify these forward-looking statements by using words such as "expect," "anticipate," "believe," "could," "should," "estimate," "intend," "may," "will," "plan," "goal" and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, but not limited to, the following: the ongoing effects of the COVID-19 pandemic; the availability of credit and compliance with the agreements governing the Company's indebtedness; the Company's ability to develop new products and enhance existing products; product quality issues, including the adequacy of reserves therefor and warranty cost exposure; intense competition; financial performance of the oil and natural gas industry and other general business, industry and economic conditions; the Company's ability to adequately protect its intellectual property rights; and the impact of pending or threatened litigation. For a detailed discussion of factors that could affect the Company's future operating results, please see the Company's filings with the
View source version on businesswire.com: https://www.businesswire.com/news/home/20220318005067/en/
Investor and investment media inquiries:
818-407-3628
ir@CGRNenergy.com
Source:
FAQ
What is Capstone Green Energy's latest achievement related to California Rule 21?
How does the Rule 21 certification impact Capstone Green Energy?
What does the certification of inverters mean for Capstone Green Energy's operations?
When was the Rule 21 certification announced by Capstone Green Energy?