Mass
Megawatts
MMMW
Announces New Solar Product
WORCESTER,
MA -- May
10, 2018 -- InvestorsHub NewsWire -- Mass
Megawatts Wind Power, Inc. (OTC:
MMMW) today announced that the company has an
additional new transportable solar product available for targeted
customers in disaster recovery applications
and industries requiring assets to move frequently. It is a good
additional product line to the conventional
electric
cost saving solar
trackers and stationary
solar power units currently
available
to potential
customers.
Mass
Megawatts is
finalizing efforts to bring
to market with its business partners an
improved solar
tracking
technology with further savings in comparison to its stationary
units and
the
currently
available solar trackers
in the
expanding solar
power market.
The patent
pending, 'Solar Tracking System' (STS) with
additional
technology
from other companies and individuals is
designed to automatically adjust the position of solar panels
throughout the day to receive an optimal-level of direct sunlight.
Unlike other solar tracking technologies, the technological
improvements utilizes
a low-cost
structure that adds stability to the overall system while also
improving energy production levels. The STS also uses a proprietary
mechanical innovation to limit dynamic and static loading on the
tracker, which can occur during periods of high wind and extreme
weather, in order to reduce wind-related stresses and system
downtime. The STS is
designed to lower
material costs and reduce the number of solar panels needed to
generate the rated capacity. Due to this advantage,
the
improved solar tracker can
deliver more solar power production at the same
cost of lower-capacity,
stationary systems.
In recent
related activity to make a
product ready for manufacturing led by CEO Jonathan
Ricker,
certain
items of the new technology
have
to
be
reviewed and tested in order to bring assurances that the
improved
solar
tracker is ready for market.
Before
Mass Megawatts and potential territorial license agreements
partners enter a contract and finance any project with Underwriters
Labs, an understanding of the product to be tested must be
clear. Mass
Megawatts and its partners have
to decide
if the single
tracker is
the
fastest route to bringing revenue or will the more time consuming
and more profitable dual axis tracker be the preferred product.
Then, will the Mass Megawatts product be part of the existing
product of the license partner technology. The most likely partners
have used solar products and would like to increase their potential
rate of return with our tracker or in combination with other solar
technology including other solar tracker concepts.
UL 3703
cover trackers that are not attached to buildings in accordance to
National Electrical code NFPA 70. Requirements include public
access restricted by a fence and secured location and be evaluated
given to any mechanical and moving parts requirement and evaluation
with mechanical hazard requirements related to UL 3703.
Requirements also cover ballast mounted versions of the tracker
which by design are not required to be mechanically secured. Our
product can be ballast mounted unlike most other solar trackers in
the industry.
The
requirements cover the attachment means of the solar products and
not the solar devices themselves including those that are already
certified under other certifications including UL 2703 and UL 1703
which are older certifications
including standards
for mounting systems, clamping and ground lugs. Any tracker needs
to be compatible with other solar products used with the tracker
including safety, specific mounting
, bonding,
and grounding.
The
requirements may not require wind load conditions. However, wind
test data would help potential customers understand our product
addressing those conditions which is a well
known concern
related to solar trackers in the industry.
In other
news, Mass Megawatts plans to
file a Form 10 in order
to help
improve
transparency of
its future
revenues and its low debt,
no toxic
debt,
and low
number of outstanding shares. Mass
Megawatts remains to be a development stage company with
only
approximately 60 million shares issued and outstanding, and
less than
$300.000 in debt,
Product
information and sales inquiries can be made through the company's
contact page at www.massmegawatts.com
and the
e-mail address on the web site.
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.
Contact:
Mass
Megawatts Wind Power, Inc.
info@massmegawatts.com
www.massmegawatts.com
(508)
942-3531