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Capstone Green Energy (NASDAQ:CGRN) Receives Large Order to be Installed at Methane Hydrate Plant in Alaska's North Slope


Capstone Green Energy (NASDAQ:CGRN) Receives Large Order to be Installed at Methane Hydrate Plant in Alaska s North Slope
ACCESSWIRE
03 May 2021, 22:05 GMT+10
The Remote 2MW Combined Heat and Power System is Designed to Help in Advancing Research and Development in Promising New Energy Source
VAN NUYS, CA / ACCESSWIRE / May 3, 2021 / Capstone Green Energy Corporation (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN) formerly Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST) ( Capstone or the Company ), a global partner in carbon reduction and on-site resilient green energy solutions, announced today that it received an order for two of its C1000 Signature Series (C1000S) microturbine systems for an application at a Methane Hydrate Project Surface Facility in Alaska s North Slope near Prudhoe Bay. Arctic Energy, Inc., Capstone s exclusive distributor for Alaska (www.arcticenergyalaska.com), secured the order in partnership with ASRC Energy Services Al ....

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Worldwide Hydraulic Workover Unit Industry to 2027 - Strategic Recommendations for New Entrants


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ResearchAndMarkets.com s offering.
According to this report, the Global Hydraulic Workover Unit market accounted for $9.99 billion in 2019 and is expected to reach $15.80 billion by 2027 growing at a CAGR of 5.9% during the forecast period. Increasing shale gas production activities and upsurge in oil & gas production after the decline in oil prices are the major factors propelling market growth. However, the growing focus on renewable energy is hampering market growth.
Hydraulic workover units are portable pulling systems that offer different benefits for onshore and offshore installations. Hydraulic workover unit is used as a substitute to workover rigs & conventional drilling. They are mainly used in drilling, repairing, and completing wells in and around shores. ....

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