Mass Megawatts Wind Power, Inc. now accepting Community Solar Applications
November 21 2014 - 7:01AM
InvestorsHub NewsWire
Worcester, MA -
November 21, 2014 - InvestorsHub NewsWire - Mass Megawatts
Wind Power, Inc. (OTCQB:MMMW)
today announced that the company is accepting applications for
shared ownership in Community Solar projects that will allow
residents and businesses to directly invest in solar power.
With this plan, Mass Megawatts would develop and maintain the
community solar power systems and the investors would receive the
low-cost energy that’s produced over the life of the system.
In most cases, the generated solar-power is projected to be 10 to
20% below current utility prices, with even higher savings
anticipated in the future as energy prices are expected to continue
to climb.
Initial applicants
must be located in the National Grid area of Worcester County
Massachusetts. There are no hidden costs, contracts, or
additional maintenance fees with this arrangement. Investors
will continue to receive low-cost, clean solar-power over the next
20 years which will replace the usage of their more expensive,
utility-based power.
There are many
advantages realized with a community solar project, also known as a
solar farm or solar garden. This includes providing a
cost-effective way for residents and commercial electric users, who
do not have a suitable location for solar power generation, to
invest in solar energy. Investors also do not need to be
concerned with installation, zoning issues, or maintenance
concerns, as this is fully managed by Mass
Megawatts.
Earlier this year,
Mass Megawatts announced modifications of its Solar-Power Tracking
System (STS). The patent pending, STS is designed to increase
solar energy production by approximately 25% for less than an
estimated 7% additional cost as compared to stationary
configuration. The company plans to implement this
advanced technology in their Community Solar projects.
Community Solar gardens provide attractive investment potential for
residents and businesses across the
country.
Starting at 6.25 kW rated units, a Mass
Megawatts STS system 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.
With its patent
pending, Solar Tracking System, Wind Electric Power Generation
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.
Additionally, Mass Megawatts Wind Power stock quote and Mass
Megawatts stock price may be impacted by global condition. Mass
Megawatts Wind Power Inc. expected and anticipated positive and
negative impact on the Mass Megawatts stock price and the MMMW
stock quote.
Community Solar
information and sales inquiries can be made through the contact
page at www.massmegawatts.com
, the company’s website.
Contact Information:
Mass Megawatts Wind Power, Inc.
(508) 751-5432
www.massmegawatts.com
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