Mass Megawatts Reduced Torque Requirements Based on Recent Testing for its Solar Tracker. Further Cost Reductions Can Be Achieved
September 20 2021 - 8:33AM
InvestorsHub NewsWire
Mass Megawatts
Reduced Torque Requirements Based on Recent Testing for its Solar
Tracker.
Further Cost Reductions Can Be Achieved
WORCESTER, MA -- September 20, 2021 -- InvestorsHub NewsWire --
Mass Megawatts Wind Power, Inc. (OTC
Pink: MMMW) recent testing on a small solar tracker unit has
demonstrated that the tracker motor was substantially more
powerful than required to move the tracker through the day.
For example, a motor with only one third of an amp was required on
the small unit which currently has a motor with 2.4 amps. The
patent pending solar tracker is designed to increase the power
output of a solar project by more than 30 percent for less than 10
percent additional cost.
Meanwhile, Mass Megawatts is taking note of the high growth market
for solar trackers. 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.
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 costs. 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 material
costs 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 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 Website.
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
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