Mass Megawatts Commences Solar Energy Sales Efforts
WORCESTER, MA -- October 16, 2024
-- InvestorsHub NewsWire -- Mass Megawatts
(OTC:
MMMW) announces the start of a community solar subscription
program and at the same time commencing an effort to sell solar
project installations. The community solar program is targeted
primarily toward the residential electric market for electric cost
savings. Using a different approach, the solar project
installations sales effort is mostly targeting businesses.
The
use of our new products including our patent pending solar tracker
and stationary solar energy concentration innovation can be used
primarily by warehouses with a large amount of space on flat roofs.
The recent technology can reduce the cost of a typical solar
installation in half with a project payback time of three to five
years at locations with high electric prices including most areas
in New England.
Recently,
Mass Megawatts announced a few months ago a patent pending new
solar photovoltaic concentration innovation that improves output
for stationary solar projects without the need of a tracker or any
moving parts. The improvement will generate more than 105 percent
power output with solar panels for little additional cost using the
innovation in comparison to similar solar panels not using the
innovation. A major benefit of the innovation is the reduced
obstacles to production and customer acceptance. The need to have
multiple bearings, new software, tracker motors, and moving
platforms reduced the interest in the trackers for potential
customers. However, the solar trackers may be a preferred option
for customers in high wind locations.
More importantly, both new
innovations of solar trackers and stationary solar concentration
systems are designed to generate more solar energy near the
beginning and end of the daylight hours when electricity is at peak
demand. If
the utility has a time of use billing method, it can save customers
from purchasing more expensive electricity during peak hours. As a
result, the electric power users save more money for each
kilowatt/hour used.
The patent pending stationary
structure uses reflectors that direct the sunlight to the solar
panels. In addition, the innovation uses a low-cost method of
reflecting infrared or heat related solar energy while accepting
the useful visible light electric solar energy. The new method to maximize the useful solar
energy uses larger reflectors that would not be acceptable without
the heat rejecting method for concentrating more solar power
without damaging the solar panels with too much heat.
Mass
Megawatts previously earlier also announced other improvements
toward cost reductions using the patent pending cost cutting
concentrated solar power technology. We have two patent pending
versions of concentrated solar technology. One is related to
additional output for photovoltaic cells and the other is related
to concentration of heat to operate a new and improved patent
pending Sterling engine to produce electricity.
The
Concentrated Solar Sterling Engine innovation brings the best
substantial cost saving improvements toward delivering solar
generated electricity. The unique cost competitive solar
concentration section using low-cost material used by canvas
buildings are placed onto of the solar tracker platform works well
with our solar tracker. It helps concentrate the solar rays onto
the heat piston section of the Sterling Engine. The
low-cost canvas material is already approved by structural
engineers for buildings with the canvas like material having an
expected life of 30 years,
In
addition to the low-cost concentrator, the improved Sterling engine
reduces the mechanical issues related to pistons and its
applications. In the heat displacer and piston, a rectangular
extension with the four walls comprises rollers to avoid the need
for precision and avoid friction when the parts are moving. The
cost reduction related to robust simplicity also reduces long term
maintenance issues related to traditional piston
technology.
Traditional
Sterling engine pistons have a high service cost related to the
harsh conditions the piston rings must endure. There is elevated
temperature and high sliding velocities which can cause excessive
wear and tear. As a result, short replacement intervals of piston
rings and sometimes cylinders may be needed to maintain high
efficiency. The innovation is a low-cost method to increase the
replacement interval and reduce the service cost. The rectangular
extension supports the piston during its mechanical process
involving elevated temperatures, high sliding velocities and the
non-lubricated operation related to the pistons. The addition to
the reinforcement rectangular extension method also reduces
unwanted spikes in temperature and friction which causes an
acceleration of piston related wear and tear.
The
several innovative technologies are important additions and
applications of its patent pending solar tracker. A video on the
home page of
www.massmegawatts.com summarizes
the patent pending solar tracker.
The company's Solar
Tracking System (STS) is a new patent pending product that
significantly reduces the payback period for solar power
investments. It is designed to automatically
adjust the position of solar panels to directly face the sun as it
travels from East to West throughout the day. Unlike other solar tracking
technologies, the Mass Megawatts Solar Tracker utilizes a low-cost
framework that adds stability to the overall system, while
improving energy production levels.
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 (MMMW), 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 (MMMW).
Contact:
info@massmegawatts.com
www.massmegawatts.com