Capstone Green Energy Corporation - CGRN STOCK NEWS

Capstone Green Energy Corporation (NASDAQ: CGRN) is set to participate in a live Virtual Non-Deal Roadshow on January 12 at 1:00 p.m. CT. This event will feature CEO Darren Jamison and CFO Scott Robinson, discussing the company's recent investor presentation. Investors and stakeholders are encouraged to register for the event, which will include a live Q&A session. Capstone specializes in carbon reduction and green energy solutions, having saved clients over $213 million in energy costs and approximately 388,000 tons of carbon emissions in FY22.

Capstone Green Energy Corporation (NASDAQ: CGRN) has announced two significant orders through its distributor E-quad Power Systems GmbH. One order is for a C200S microturbine-based Combined Heat and Power (CHP) system for Gerhard van Clewe GmbH, a textile finishing company in Germany, expected to be commissioned in May 2023. The second order consists of four C65 offshore systems for an existing customer in the North Sea. These developments underscore Capstone's commitment to energy efficiency and reduced CO2 emissions.

Capstone Green Energy (NASDAQ: CGRN) has announced a significant order for its C600 Signature Series microturbine from Pomurske Mlekarne, a leading dairy producer in Slovenia. The 600kW system, part of a modernization project at the Murska Sobota facility, is aimed at enhancing energy efficiency and reducing emissions. Expected to be operational by Spring 2023, the project highlights growing demand for Capstone’s low-emission energy solutions. Capstone’s long-term service contract guarantees operational reliability, reflecting confidence in the company’s technology.

Capstone Green Energy Corporation (NASDAQ: CGRN) will participate in Renmark Financial Communications' live Virtual Non-Deal Roadshow on December 14 at 2:00 p.m. ET. The presentation will be led by Darren Jamison, President and CEO, and Scott Robinson, CFO, aimed at stakeholders in Montreal and surrounding areas.

Investors are encouraged to register for the event, which includes a Q&A session. Capstone specializes in on-site energy solutions and has saved customers over $213 million in energy costs in FY22.

Capstone Green Energy Corporation (NASDAQ: CGRN) announced that Don Ayers, Vice President of Technology, will participate in the Water Tower Research Fireside Chat on Tuesday, December 13, 2022, at 2:00 PM ET. The discussion will focus on hydrogen-fueled microturbines, federal funding for clean energy, and updates on Capstone's hydrogen pilot projects. Interested investors can register for the event, which will also be available for replay.

Capstone Green Energy Corporation (NASDAQ: CGRN) has secured a 2-year rental agreement for an 800 kW microturbine system at a cryptocurrency data mining operation in West Texas. This initiative, part of its Energy as a Service (EaaS) growth strategy, is expected to be operational by mid-December. The contract emphasizes the rising demand from energy-intensive sectors such as cryptocurrency mining. Capstone aims to expand its rental fleet to 50 MW by March 2023, bolstering its profitability goals.

Capstone Green Energy Corporation (CGRN) reported its Q2 fiscal 2023 results, with revenues of $20.8 million, a 21% increase from $17.2 million in the same quarter last year. The company's Adjusted EBITDA improved to negative $2.2 million, an 18% year-over-year improvement. However, gross margins dropped to 11% due to supply chain costs. The EaaS rental business grew significantly, with 34 MW under contract, up 168% year-over-year. The recent Inflation Reduction Act is expected to enhance project incentives, supporting the company's growth strategy.

Capstone Green Energy Corporation (NASDAQ: CGRN) will present at the Sidoti November Micro Cap Virtual Investor Conference on November 10, 2022, at 1:00 P.M. ET. CEO Darren Jamison will address a live audience. Investors can register for the virtual event here. Additionally, one-on-one meetings with management are scheduled throughout the day. Capstone, known for its carbon reduction and on-site energy solutions, has shipped over 10,000 units globally, achieving an estimated $213 million in energy savings for customers in FY22.

Capstone Green Energy (NASDAQ: CGRN) announced the acquisition of new Energy-as-a-Service (EaaS) rental contracts, bringing its total to 39 MW. The company aims to reach a target of 50 MW by March 31, 2023.

This expansion reflects strong customer demand and underscores Capstone's commitment to providing higher-margin, predictable revenue streams. Over the past four years, Capstone has helped customers save approximately $911 million in energy costs and reduced carbon emissions by around 1.5 million tons.