Mass Megawatts Completes Development of Advanced Solar Tracking System to Meet Multi-Unit Sales
June 29 2015 - 06:00AM
InvestorsHub NewsWire
WORCESTER, MA -- June 29, 2015 -- InvestorsHub NewsWire
-- Mass Megawatts Wind Power, Inc. (MMMW) today announced that
they have completed development of their advanced, Solar-Power
Tracking System (STS), which is scheduled for customer delivery.
The design of the first completed unit, of a multi-unit sale, has
been upgraded to protect against extreme weather, including winds
up to 90 mph, and to streamline manufacturing processes. The
advanced structural design will minimize the need for repairs and
maintenance, and comes with a full performance guarantee over the
first 10 years of operation. The company is working to fill current
sales orders while expanding infrastructure to meet demand in the
second half of the year and into 2016.
Recent modifications to the STS design allow more panels to be
installed on each tracking platform, which automatically rotates to
reposition the solar panels to directly face the sun as it travels
from East to West throughout the day. This improves solar-power
production by over 25% as compared to stationary systems. The first
completed 2kW section of a solar tracking system purchased recently
is shown on www.youtube.com/watch?v=j0J9Jzgh8Z4 or Mass Megawatts
June 2015 on a You Tube video.
Unlike other tracking systems, the Mass Megawatts STS uses a
low-cost framework that adds stability to the overall system. The
STS increases system costs by approximately 7%, but improves solar
power production by over 25% throughout the life of the unit. This
delivers a strong financial return with payback projected in the
third year of operation. This technology will benefit the solar
industry and make solar tracking a standard, low-cost option for
solar-power users across the globe.
With its patent pending, Solar Tracking System and very little
debt, Mass Megawatts believes it is well positioned to reach 2015
short term sales goals while expanding its infrastructure to
support mass-production targets 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 at info@massmegawatts.com or (508) 942-3531. The web site
is www.massmegawatts.com for additional information.
Mass Megawatts Wind Power (PK) (USOTC:MMMW)
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