March 30, 2006: Capstone and Broad to Develop CCHP Systems
CHATSWORTH, Calif. - Capstone Turbine Corp., a leading manufacturer of microturbine energy systems, announced that it has negotiated and signed a memorandum of understanding (MOU) with Broad USA Inc. to jointly develop combined cooling, heating, and power (CCHP) systems.
Broad specializes in the design and manufacture of absorption chillers. Broad is headquartered in Beijing, China, with its United States headquarters located in Hackensack, N.J. Its products are sold in over 30 countries, holding a greater than 50 percent market share in China as well as significant market positions in the U.S. and Europe.