Mass Megawatts Wind Power, Inc. receives 100 kW Solar Project Letter Of Intent from Rocky Mountain Ayre, Inc., A Publicly Traded Company, with Innovative Financing Plan

WORCESTER, MA. -- February 26, 2015 -- InvestorsHub NewsWire -- Mass Megawatts Wind Power, Inc. (OTCQB:MMMW) today announced that it has received a letter of intent from Rocky Mountain Ayre,  Inc. (OTC:RMTN) to purchase a 100 kW solar tracking power system for $300,000.  This represents the largest pending order, to-date for the company’s patent-pending, Solar-Power Tracking System (STS).

The deal is expected to apply an innovative financing approach that utilizes a partnership flip to benefit tax equity investors over the initial years of the project, and then transfers (or flips) interest to the developer for the remainder of the useful-life of the system.  What’s rather unique here is that the developer, as a public entity, can realize an almost-immediate financial return as stock appreciation and capital gains are driven by the valuation of the expected, future income from the solar project.  This provides a significant advantage over non-public entities  that would typically require the developer to wait until ownership control actually flips, several years later, before receiving compensation.  Publically traded companies with its stock appreciation from the anticipated solar project revenue, also have the ability to raise equity through secondary offerings to fund additional solar development which can accelerate capital gains further, creating a cycle of continuous growth.

In partnership flips, the developer and tax equity investor form a joint-venture partnership and the allocation of profits, cash, and tax benefits flip between the parties during the life of the partnership. Flips allow the developer to invest alongside tax equity investors to retain a residual interest in the system after installation, and they allow the transfer of most tax benefits to the tax investor. They also allow the developer to regain near 100% ownership of the assets at nominal cost after all the tax benefits have been used by the tax investor.  When the developer is structured as a public entity, the value of expected future income can be realized immediately through stock appreciation and capital gains to realize a rate of return in the near-term verses waiting for ownership control to transfer several years later.  Also, capital gains are typically taxed at a lower rate as compared to ordinary operating income.  

The STS is a complete solar-power system designed to automatically adjust the position of solar panels throughout the day to receive an optimal level of direct sunlight.  This improves solar-power generation by 28% with only a 5 to 10% increase in cost.  

The Mass Megawatts STS utilizes a revolutionary, patent-pending framework that significantly reduces the torque required to adjust the position of its solar panels throughout the day.  Unlike other tracking technologies that apply a vertical, up-and-down motion, the STS rotates the solar panels into position using a horizontal motion anchored at the base of each solar unit.  The amount of torque needed to accomplish the tracking movement is minimal, and can be accomplished with a simpler, lower-cost design.

Starting at 6.25 kW rated units, a Mass Megawatts STS system is appropriate for ground-level, residential and business sites, as well as, commercial, roof-top installations.  Mass Megawatts coordinates all aspects of system delivery, including permitting, installation, and working to obtain any available tax incentives.  They monitor the performance of each system, and provide a full, performance guarantee.

With its patent pending, Solar Tracking System, Wind Electric Power Generation system, only approximately 55 million shares issued and outstanding and very little debt, Mass Megawatts believes it is well positioned to ramp-up production in the shorter term while expanding its infrastructure to support mass-production goals 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 through the contact page at www.massmegawatts.com , the company’s website.
 
 
 
 
 
 
 
 
 

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