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Business Wire
08-07-2025
- Business
- Business Wire
After 15 Years of Proven Performance, Leading Italian Food Producer, Recla SPA, Upgrades to Capstone Green Energy's Latest C1000S Microturbine System
LOS ANGELES--(BUSINESS WIRE)--Capstone Green Energy Holdings, Inc. (the "Company' or 'Capstone') (OTCID: CGEH) and Capstone Green Energy, LLC, announced that IBT Connecting Energies, Capstone's distributor for Italy, has secured another order from Recla SPA, a world-renowned producer of gourmet meat products. Recla has been a long-time Capstone microturbine customer, having originally installed a C1000R microturbine in 2010, which has reliably provided clean and efficient on-site power for over 15 years. The new project will replace the legacy system with a Capstone C1000 Signature Series microturbine. This reinforces Recla's continued commitment to clean energy savings utilizing Capstone's oil-free air bearing and low-emissions combustion technology, all whilst delivering high-grade waste heat that is recycled into useful thermal energy for Recla's operations. Their decision to upgrade to the C1000S system is grounded in tangible business benefits, including more than €350,000 in annual energy savings, lower emissions, and consistently reliable performance. Share The new Capstone C1000S will continue to provide on-site combined heat and power (CHP), delivering both electricity and saturated steam to the facility's daily process needs. By upgrading to the latest generation Signature series, Recla is not only improving system efficiency and reliability but also lowering its environmental impact in alignment with broader corporate sustainability goals. 'Recla SPA's decision to modernize their on-site power system reinforces our vision to be the premier provider of distributed energy and microgrid solutions,' said Vince Canino, President and CEO of Capstone Green Energy. 'It also supports our mission to be the first choice when energy matters. This order is a clear example of how we turn customers into long-term partners.' Canino continued, 'Recla SPA continues to recognize the value that Capstone's technology and services bring to their operations. It's a testament to the durability, efficiency, and user-friendly design of our systems, further supported by the strength and responsiveness of our global distributor network. Their decision to upgrade to the C1000S system is grounded in tangible business benefits, including more than €350,000 in annual energy savings, lower emissions, and consistently reliable performance. It reflects the trust they've placed in the Capstone brand over the past fifteen years.' Before the original installation of the Capstone C1000R, the area lacked adequate energy infrastructure, where reliable electrical power was not readily available, often leading to disruptions in factory operations. 'Once the C1000R was installed, Recla no longer suffered from blackouts or power failures,' said Ilario Vigani, CEO of IBT Connecting Energies. 'Beyond reliable performance, the system recovers over 90 percent of the primary energy source, delivering significant energy savings. The proven service and trusted partnership with IBT, and the backing of Capstone, played a key role in Recla's decision to reinvest in Capstone's latest generation technology.' Industrial and food manufacturing facilities across Europe continue to place their trust in Capstone's low-maintenance, low-emission microturbine systems. This latest project underscores the growing demand for distributed energy solutions that enhance operational resilience, lower environmental impact, and help companies meet increasingly stringent sustainability and regulatory standards. About Capstone Green Energy For nearly four decades, Capstone Green Energy has been a leader in clean technology, pioneering the use of microturbines to revolutionize how businesses manage their energy needs sustainably. In collaboration with our global network of dedicated distributors, we have shipped over 10,600 units to 88 countries, helping customers significantly reduce their carbon footprints through high-efficiency, on-site energy systems and microgrid solutions. Our commitment to a cleaner, more resilient energy future remains steadfast. Today, we offer a comprehensive range of microturbine products, from 65kW systems to multi-megawatt solutions, tailored to meet the specific needs of commercial, industrial, and utility-scale customers. In addition to our core microturbine technology, Capstone's growing portfolio includes flexible Energy-as-a-Service (EaaS) offerings, such as build-own & transfer models, PPA's, lease to own and rental solutions, are designed to provide maximum value and energy security. Capstone's fast, turnkey power rental solutions are designed for customers with limited capital budgets or short-term energy needs. For more information, please contact us at rentals@ In our pursuit of cutting-edge energy solutions, Capstone has forged strategic partnerships to expand our impact and capabilities. Through these collaborations, we proudly offer advanced technologies that leverage renewable gas and heat recovery solutions—further enhancing the sustainability, efficiency, and reliability of our clients' operations. These integrated offerings reflect our commitment to building a cleaner, more responsible energy future. For more information about the Company, please visit Follow Capstone Green Energy on Twitter, LinkedIn, Instagram, Facebook, and YouTube. Cautionary Notes This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. 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 Company's liquidity position and ability to access capital; the Company's ability to continue as a going concern; the Company's ability to successfully remediate the material weaknesses in internal control over financial reporting; the Company's ability to realize the anticipated benefits of its financial restructuring; the Company's ability to comply with the restrictions imposed by covenants contained in the exit financing and the new subsidiary limited liability company agreement; the uncertainty associated with the imposition of tariffs and trade barriers and changes in trade policies; employee attrition and the Company's ability to retain senior management and other key personnel; 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 impact of litigation and regulatory proceedings; inquiries from the SEC; the potential material adverse effect on the price of the Company's common stock and stockholder lawsuits. For a detailed discussion of factors that could affect the Company's future operating results, please see the Company's filings with the Securities and Exchange Commission, including the risk factors contained in our most recent Annual Report on Form 10-K. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events or for any other reason.
GMA Network
09-06-2025
- Sport
- GMA Network
Alas Pilipinas falls to unbeaten Iran for first loss in AVC Nations Cup
Alas Pilipinas faltered late against the resilient Iran to absorb its first loss in the 2025 AVC Women's Volleyball Nations Cup, 25-16, 21-25, 26-24, 23-25, 13-15, on Monday at the Dong anh Gymnasium in Vietnam. Enjoying a 2-1 set lead, the Filipinas mounted a huge comeback attempt in the fourth set with Shaina Nitura and Vanie Gandler providing the spark off the bench as they erased an early four-point deficit and turned it into just an 18-19 disadvantage. Nitura's single block on Shagi Hassankhani even tied things up at 22-all before an attack error from Angel Canino saw Iran taking the set point at 24-22. Fatemah Khalil then sent a strong kill to the newly-subbed Julia Coronel to drag the Philippines to a deciding set. Nitura continued to shine for Alas as the reigning UAAP Rookie of the Year fueled a 4-0 run, putting the roof on Masoumeh Masi before hitting one from the left side off a Bella Belen setup to give Alas a crucial 11-9 cushion. The Philippines, however, committed back-to-back errors that allowed Iran to force an 11-all deadlock. A Dell Palomata quick and a much-needed service ace from Gandler then had the Filipinas enjoying a 13-11 lead. But Alas collapsed in the endgame with Zahra Salehi denying Nitura and Canino committing another attack error, paving the way for Iran's match point at 14-13. Zahra put the exclamation by shutting down the opposite attack from Canino as the Iranians remained unbeaten at 3-0. Canino still emerged as the top scorer for the Philippines with 20 points anchored on 17 attacks, two blocks, and one ace while Laure and Palomata chipped in 16 and 10 markers. Alas fell to a 2-1 card and is now at third place in Pool B. They need to beat two powerhouse clubs in New Zealand on Wednesday and Kazakhstan on Thursday to bolster its contention. Only the top two teams in the two pools will advance to the crossover semifinals with the champions clinching a ticket to the 2026 Asian Women's Volleyball Championship. —JMB, GMA Integrated News
GMA Network
08-06-2025
- Sport
- GMA Network
Young guns show up as Alas Pilipinas escapes Indonesia for 2-0 start
Youngsters took matters into their own hands to tow Alas Pilipinas Women to a 22-25, 25-23, 25-13, 28-26, to remain unblemished in the 2025 AVC Women's Volleyball Nations Cup on Sunday at the Dong anh Gymnasium in Hanoi, Vietnam. Alyssa Solomon, who was fielded for the first time in the tournament, proved her worth by leading the charge on her 17-point outing anchored on 10 attacks, four blocks, and three aces to help the Filipinas cruise to a 2-0 start in Pool B. The former NU star got ample help from her teammates with fellow youngster Angel Canino and Bella Belen chipping in 15 and 12 markers apiece in the hard-fought win. The Indonesians fell to a 0-2 win-loss card. Alas raced to the first match point when Fifi Sharma unleashed a strong kill from the middle, giving the world no. 50 Philippines a 24-23 lead in the fourth set. But Indonesia staged a comeback attempt with Ersandrina Devega dropping a soft touch on the open side and Canino committing an attack error as the opposing side took their own match point at 25-24. Canino, though, atoned for that mistake by converting two consecutive attacks that allowed a youth-laden Alas to take another match point at 27-26. Shaina Nitura put the punctuation, going for an off-the-block kill to seal it for the nationals. The Filipinas will look to preserve their unbeaten run when they take on world no. 56 Iran on Monday. —JKC, GMA Integrated News
