Mass Megawatts Announces First Sale of New Solar Tracker System
December 09 2014 - 8:30AM
InvestorsHub NewsWire
Worcester,
MA - December 9, 2014 - InvestorsHub NewsWire - Mass Megawatts Wind
Power, Inc. (OTC:
MMMW) today announced the first 6.25 kW solar energy system
sale with a recently introduced Frankenstein solar tracking
infrastructure. The company received numerous inquiries and
anticipate more sales as larger units beyond this small first sale
are constructed. We anticipate the completion of the project
to be sometime this winter.
The patent
pending, Mass Megawatts 'Solar Tracking System' (STS) is designed
to increase solar energy production by 25% for less than 10%
additional cost than a standard stationary configuration. The new
product automatically adjusts the position of solar panels to
receive an optimal level of direct sunlight throughout the day.
Mass Megawatts has significantly reduced the cost of solar
energy with the patent-pending, Solar Power Tracking System (STS)
through the use of an advanced design with fewer electrical
components and moving parts. With near-zero dynamic and static load
requirements, the solar-tracker avoids most of the torque requiring
costly components. It reduces the need for large drivetrains and
motors that traditional systems
utilize.
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 49 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.
Product
information and sales inquiries can be made through the company's
contact page at www.massmegawatts.com
Contact
Information:
Mass
Megawatts Wind Power, Inc.
(508) 751-5432
www.massmegawatts.com
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