WORCESTER, MA -- May
20, 2020 -- InvestorsHub NewsWire -- Mass Megawatts Wind Power, Inc.
(OTC:MMMW)
will produce a
limited supply of solar trackers to be sold at
the cost to produce
the product for a limited amount of small commercial ground mounted
solar project. The discount will be primarily available to
purchasers with substantial knowledge of solar power
installations. The project owners would have
to agree to a
limited amount of publicity related to the
project. It
is a good opportunity for any business seeking to receive publicity
related an
effort to advance renewable energy technology. The locations of the project
must be a short driving distance from central Massachusetts.
More information is
available at
www.massmegawatts.com with a contact page available
for anyone seeking to get involved.
The use of solar
trackers is known to reduce the cost of solar powered electricity.
The global
demand is anticipated to be worth more than $3 billion
by 2025
expanding from the current market size of
about $2 billion. Mass Megawatts sees an
opportunity to be part of the growing solar tracker
market
with a lower
cost product than the trackers marketed by
other solar tracker companies in this high growth segment of the
solar energy market. A solar tracker is a method of tracking
the sun throughout the day for a photovoltaic (PV) system. In order
to increase energy output throughout the day. The market is
anticipated to have
substantial growth due to the growing need for renewable
energy.
Mass Megawatts is
finalizing efforts to bring a new Solar Tracking technology with
more electric cost savings for its customers in comparison to its
stationary units. The patented pending, Mass Megawatts 'Solar
Tracking System' (STS) is designed to improve solar-energy
production while and at the same time reduce material and
installation cost.
The patented
pending, Mass Megawatts 'Solar Tracking System' (STS) 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 Mass Megawatts STS
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 allows Mass Megawatts to
lower the
cost of material and reduce the number
of solar panels needed to generate the rated capacity. Due to this
advantage, Mass Megawatts can deliver more solar power production
at a price similar to lower-capacity, stationary
systems.
With its patent
pending, Solar Tracking System and Wind Electric Power Generation
system, only approximately 65 million shares issued and
outstanding, and very little debt. Mass Megawatts believes it is
well positioned for expanded production and supporting its revenue
generation goals in the longer term.
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