Capstone Turbine Corp. has made advances in getting its microturbines placed in various countries around the world, from Russia to Taiwan, and the diversification has improved the company’s stock performance. This month Capstone announced a new exclusive oil and gas distributor in Russia and an order for its Signature Series C1000 microturbines at a piggery in Taiwan. “This order is significant as it continues to demonstrate our penetration into the expanding biogas market in Taiwan which is government-backed,” Chief Executive Darren Jamison said in a prepared statement. The announcements this month have proven to be good for Capstone’s stock, which increased by 38 percent between Oct. 1 and Oct. 25, when it closed at $1.08 on the Nasdaq. For the fiscal first quarter ended June 30, Capstone reported a net loss of $4.1 million (-10 cents) on revenue of $19.2 million. That compares to a net loss of $4.5 million (-17 cents) in the same period a year earlier. The company will report its fiscal second quarter earnings on Nov. 2 The company granted Turbine International and its affiliate MTE Services the sole distribution right for its products in the Russian oil and gas sector in return for $6.4 million in cash. MTE is a subsidiary of Hispania Petroleum S.A. in the Canary Islands. “Capstone is looking forward to revitalizing the Russian oil and gas market with our new partner, and we believe the overall Russian market reorganization should yield long-term positive results with higher future revenue and lower overall business risk,” Jamison said in a statement. The Taiwan order for the microturbines installed at a piggery was secured by Aerospace Industrial Development Corp., that country’s exclusive distributor. Methane-based biogas produced by pig waste through an anaerobic digester will power the microturbines. Jim Crouse, executive vice president of sales and marketing, said Capstone’s distributor in Taiwan has a successful history of developing the biogas market. “This project further reinforces them as the go-to solution provider for biogas projects in the region,” Crouse said in a statement. Capstone continues to sell turbines to U.S. customers. Earlier this month the company installed two natural gas-fueled C65 integrated cooling, heat and power microturbines at the Energy Innovation Center in Pittsburgh. Additionally, the company signed a factory protection plan for a global resort hotel chain on the island of Maui in Hawaii. This is in addition to a protection plan for the same hotel chain for a property on the island of Kaui. “Large multi-year contracts like these are helping to boost the growth of our protection plan revenue,” Jeff Foster, senior vice president of customer service and quality, said in a statement.