Mass Megawatts Announces Plan to Use Frankenstein Solar Tracker to Slash Hot Water Cost for Three Year Payback
November 10 2014 - 6:05AM
InvestorsHub NewsWire
WORCESTER, Mass. - November 10,2014 -
InvestorsHub NewsWire - Mass Megawatts Wind Power, Inc. (OTCQB:
MMMW) announces plans to use the Frankenstein Solar-Power
Tracking System (STS) to significantly reduce the cost associated
with hot water heating for commercial applications.
Businesses that use a substantial hot water load, including
laundries, car washes, restaurants, hospitals, and health clubs,
will realize an excellent return with the company’s solar hot water
system. The patent-pending, solar tracking system delivers a
low-cost framework to improve heating efficiency and to lower
costs.
The innovative, Solar-Power Tracking System
(STS) is a complete solar thermal system designed to automatically
adjust the position of its solar panels throughout the day to
receive an optimal level of direct sunlight. Concentrators can
improve the output further in solar thermal applications of
the solar tracker unlike photovoltaic uses of the
new technology. This improves the efficiency of the heating
system and, in many cases, the payback period can be reached in the
third year. Many businesses, across several industries,
require high water loads that can benefit from this
technology.
With the patent-pending STS, Mass Megawatts
has developed a more efficient way to track the sun. While
conventional solar trackers in the use of solar cell electric
applications may increase solar costs by 15% or more to achieve a
25% power-output increase, the Mass Megawatts STS only requires a
5% increase in system cost.
The STS utilizes a revolutionary,
patent-pending framework that significantly reduces the torque
required to adjust the position of its solar panels throughout the
day. Unlike other tracking technologies that apply a
vertical, up-and-down motion, the STS rotates the solar panels into
position using a horizontal motion anchored at the base of each
solar unit. The amount of torque needed to accomplish the
tracking movement is minimal, and can be accomplished with a
simpler, lower-cost design.
The STS also allows multiple solar-units to
share the same tracking mechanism. This dramatically reduces
the cost to implement a solar tracking solution at larger capacity
installations, with costs projected to drop from 15+% down to
5%. This is a substantial savings that significantly improves
ROI and shortens the payback-period for a solar-power
investment. With the Mass Megawatts STS, you get a 28%
increase in solar-power generation with a minimal increase in
capital expenditures.
Mass Megawatts is preparing for its next STS
installation that will deliver 25kW of capacity at a commercial
roof-top installation in Worcester Massachusetts. The STS
will provide energy for up to 30 homes in the local area. The
company is prioritizing requests for the STS from several companies
across the Northeast.
With its patent pending, Solar Tracking
System, Wind Electric-Power Generation system, a new retail sales
business, 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 email
info@massmegawatts.com .
Contact Information:
Mass Megawatts Wind Power, Inc.
(508) 751-5432
www.massmegawatts.com
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