Mass Megawatts (MMMW) Advances Solar Power Tracking Technology
August 14 2014 - 5:10AM
InvestorsHub NewsWire
Mass Megawatts (MMMW) Advances Solar Power
Tracking Technology
WORCESTER, MA - August
14,2014 - InvestorsHub NewsWire - Mass Megawatts (OTCQB:MMMW)
reports that research and development efforts for the company’s
Solar-Power Tracking System (STS) have produced design improvements
that reduces solar-power generation cost of
its manufacturing and installation. These innovations reduce
the need for costly, electrical and motorized components to
position and stabilize the STS, which is designed to withstand
periods of high-wind. Commercial production of the STS is
expected to begin this fiscal quarter.
The patent
pending, Mass Megawatts 'Solar-Power Tracking System' (STS) is a
complete solar-power system designed to automatically adjust the
position of its solar panels throughout the day to receive an
optimal level of direct sunlight. Unlike other solar tracking
technologies, the Mass Megawatts STS utilizes a low-cost structure
that adds stability to the overall system while improving energy
production levels 25% or more.
Starting
at 6.25 kW rated units, the Mass Megawatts STS is appropriate for
ground-level, residential and business sites, as well as,
commercial, roof-top installations. Mass Megawatts coordinates all
aspects of system delivery, including permitting, installation, and
working to obtain any available tax incentives. They monitor the
performance of each system, and provide a full, performance
guarantee.
Mass
Megawatts reports strong demand from both residential and
business energy-consumers. To accelerate market penetration, the
company plans to leverage recently developed,
strategic-partnerships with established solar-power companies in
the Northeastern United States.
With its
patent pending, Solar Tracking System, only approximately 50
million shares issued and outstanding, and very little debt, Mass
Megawatts believes it is well positioned to ramp-up production in
the shorter term while expanding its infrastructure to support
mass-production goals in the longer term.
This press
release contains forward-looking statements that could be affected
by risks and uncertainties. Among the factors that could cause
actual events to differ materially from those indicated herein are:
the failure of Mass Megawatts Wind Power, also known as Mass
Megawatts Windpower, to achieve or maintain necessary zoning
approvals with respect to the location of its power developments;
the ability to remain competitive; to finance the marketing and
sales of its electricity; general economic conditions; and other
risk factors detailed in periodic reports filed by Mass Megawatts
Wind Power.
Product
information and sales inquiries can be made through the company's
contact page at www.massmegawatts.com
or (508) 751-5432.
Contact
Information:
Mass
Megawatts Wind Power, Inc.
(508) 751-5432
www.massmegawatts.com
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