Mass Megawatts (MMMW) Advances Solar Power Tracking Technology
WORCESTER, MA / ACCESSWIRE / August 14,2014 / Mass Megawatts (OTCQB:MMMW) reports that research and development efforts for the company’s Solar-Power Tracking System (STS) have produced design improvements that reduces solar-power generation cost of its manufacturing and installation. These innovations reduce the need for costly, electrical and motorized components to position and stabilize the STS, which is designed to withstand periods of high-wind. Commercial production of the STS is expected to begin this fiscal quarter.
The patent pending, Mass Megawatts 'Solar-Power Tracking System' (STS) is a complete solar-power system designed to automatically adjust the position of its 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 improving energy production levels 25% or more.
Starting at 6.25 kW rated units, the Mass Megawatts STS 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.
Mass Megawatts reports strong demand from both residential and business energy-consumers. To accelerate market penetration, the company plans to leverage recently developed, strategic-partnerships with established solar-power companies in the Northeastern United States.
With its patent pending, Solar Tracking System, only approximately 50 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.
Product information and sales inquiries can be made through the company's contact page at http://www.massmegawatts.com/ or (508) 751-5432.
Mass Megawatts Wind Power, Inc.
Source: Mass Megawatts Wind Power, Inc.