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HUGE $MMMW NEWS FRIDAY OCTOBER 18, 2024
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).
The value of the Company is less than a clean trading shell. The company needs some promotion or investor relations.
Solar is the cheapest energy source in many geographical areas.
The company has less than $1 million market cap.
The solar tracker is a great product to lower electric cost.
Mass Megawatts has a very low float.
The solar industry is good for many years of growth in many billions of dollars.
The company Mass Megawatts $MMMW has no toxic debt.
$MMMW has less than 2 million shares issued and outstanding.
$MMMW solar tracker is an innovation to turbocharge the very large and fast growing solar industry.
I agree. The $MMMW market cap and float is very low.
I agree. $MMMW is near the value of a public trading shell with very marketable patent pending technology.
$MMMW back to trading with old symbol (Dropped the "D" after reverse split). Volume pretty low, but value remains, if they can show some future revenues as hoped!
Mass Megawatts near the value of a clean trading public shell but has patent pending technology for large market potential with cost reduction technology for the lowering price of electricity.
Mass Megawatts is small enough for large upside potential.
Solar energy is the fastest growing energy sector with new tech bringing the cost of solar down.
Mass Megawatts has very low outstanding shares and a very low market cap.
The company has no toxic debt and low downside pressure.
Solar technology is getting better and is cheaper than anything else in many locations.
Good for investors with the source of revenue for $MMMW
Massachusetts Community Solar
10 to 32 percent off your electric bill
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info@massmegawatts.com
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I agree. $MMMW potential is huge.
The stock spit is the only one that they had in its twenty year history. They want to avoid the tax impact using a reverse split since there is a 0.1 cent tax on any increase in authorized stock.They are heavily taxed on their authorized share as a Massachusetts company and any stock offering cannot be a normal size dollar amount since the authorized excise tax is a burden. It is too much of a hurdle to convert to a Delaware Corporation. The key thing here is that the Company does not do the massive dilution of toxic debt which plagues many companies that have reverse splits. This Company never had toxic ( convertible at discount of market price ) debt. That is very important.
MMMW changed to MMMWD: one for 100 reverse split:
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
$MMMW great new solar cost cutting product and very low market cap.
I agree. $MMMW potential is huge.
$MMMW has $1.2 million market cap and no toxic ( convertible based on discount of market price of stock) debt in its history. Great potential product and low float.
$MMMW has $1.2 million market cap and no toxic ( convertible based on discount of market price of stock) debt in its history. Great potential product and low float.
Worcester, Massachusetts--(Newsfile Corp. - July 11, 2024) - Mass Megawatts (OTC Pink: MMMW) announces 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 very 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.
More importantly, the new product is 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 $MMMW Announces New Solar Product Increasing Solar Panel Output 105 Percent
WORCESTER, MA, July 11, 2024 – Mass Megawatts (OTC: MMMW) announces 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 very 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.
More importantly, the new product is 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.
In the past, other products including the solar tracker shown in a video on our web site www.massmegawatts.com , were introduced that may take several years before commercialization unlike the new stationary concentrator which can be produced and sold immediately.
Mass Megawatts previously announced 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 generally 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 high 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 high 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 new 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).
I quickly skimmed the otcmarket's list of their filings and do not find evidence of any late filing notices. This is another example of evidence in support of responsible management. FWIW, the accumulation line looks about perfect.
thv
MMMW to Improve Financing and Sales of a New Product to be Announced on July 11
There were patents granted in its older products. However, the newest innovations have patent pending. It can take a year or more ( sometimes up to 5 years) tp receive a patent. On the newest technology which is generally the tech that is relied upon, a provisional patent is filed. That is good for a year. Then it gets more expensive and a full patent is filed. At some point, it is granted and those fee start to file. In many cases, several provisional patents are filed and then grouped into a full patent within a year.
I see this company and its patent "pending" product still exist.
This company will have been around for thirty years come 2027.
The stock spit is the only one that they had in its twenty year history. They want to avoid the tax impact using a reverse split since there is a 0.1 cent tax on any increase in authorized stock.They are heavily taxed on their authorized share as a Massachusetts company and any stock offering cannot be a normal size dollar amount since the authorized excise tax is a burden. It is too much of a hurdle to convert to a Delaware Corporation. The key thing here is that the Company does not do the massive dilution of toxic debt which plagues many companies that have reverse splits. This Company never had toxic ( convertible at discount of market price ) debt. That is very important.
Not sure, there has been not update on that subject.
Is this MMMW still pending the approved Reverse split?
$MMMW news today. Looks like progress.
The company has a value of a reporting company trading shell with similar debt too.
The technology is worth a lot more than the market cap.
Renewable energy is now larger than Big Oil.
Mass Megawatts has low float and a market cap of $800,000
$MMMW will be a Full SEC Reporting Company on July 7,2022.
No toxic debt
Two milestone goals
1- Develop with other companies a robust solar tracker
2- Getting a solar tracker for market with completed testing and review beyond initial test units
Mass Megawatts is a development stage company with the high risk of new technology, little revenue, and no profits.
The information on the page contains forward-looking statements that involve risks and uncertainties, including but not limited to the Company’s ability to produce a cost-effective wind energy conversion device. Among the important factors that could cause actual events to differ materially from those indicated by forward-looking statements in this release are the failure to successfully produce their new product markets and remaining competitive; the inability of the Company to sell ,offered for sale or any future sale, if needed, to finance the marketing and sales of its electricity; general economic conditions; as well as numerous other risk factors related to investing in small development stage companies with little revenue, little cash and no profits.
Mass Megawatts has strived to innovate and improve alternative energy systems and technologies. This includes new innovations that significantly improve the efficiency of solar power systems. The latest innovation, the Mass Megawatts Solar Tracking System (STS), is designed to increase solar energy production by 30%.
In recent years, the patented pending, STS technology is designed to automatically adjust the position of solar panels to receive an optimal level of direct sunlight throughout the day. 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.
The STS utilizes an innovative structural design that combines a simple, yet robust, A-frame design with a low-cost, protective outer-wall. Using a non-electrical, and passive, tracking technology, the solar panels are automatically repositioned throughout the day as the sun’s position travels from east to west. With ground fittings secured at multiple points, the system is designed to handle extreme weather and winds up to 120 mph.
The tracking technology allows the panels to receive more direct sunlight and to generate more solar power for the customer. With this system, solar power production is increased by up to 30% as compared to stationary configurations. Future versions of the STS will also offer a dual-tracking capability, which can further improve solar power generation levels by an additional 10%.
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. Specifically, we plan to offer 6.25 kW rated STS units at a price that’s competitive to stationary, 5 kW systems. In many locations, this improved output translates into a 40% rate of return for the customer with investment payback occurring in the 3rd year. Further, by taking advantage of a lease program or power purchase agreement (PPA) arrangement with the company, a customer may realize an immediate, positive cash flow, as immediate energy savings and/or revenues will be realized and/or exceed the monthly payments due
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, and has a rated life expectancy of 20 years. Installation can be completed in a few business days, and there is no annual, routine maintenance to perform. 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 Wind Power, Inc. is planning to raise funds who are familiar with the regulations related to Crowdfunding and Regulation A+.
Mass Megawatts would develop and maintain the community solar power systems and the investors would receive the low-cost energy that’s produced over the life of the system. The crowdfunding investors could use the electricity themselves or sell the electricity to other electric users. The new rules and regulations available in the near future will make equity crowdfunding available to the investors of the community solar projects. Crowdfunding in the past had been used to raise funds for charitable donations in a similar manner of engaging an audience to market products. The generated solar-power is projected to be 10 to 20% below current utility prices.
There are many advantages realized with a community solar project, also known as a solar farm or solar garden. This includes providing a cost-effective way for residents and commercial electric users, who do not have a suitable location for solar power generation, to invest in solar energy. Investors also do not need to be concerned with installation, zoning issues, or maintenance concerns, as this is fully managed by Mass Megawatts.
Mass Megawatts announced modifications of its Solar-Power Tracking System (STS). The patent pending, STS is designed to increase solar energy production by approximately 25% for less than an estimated 7% additional cost as compared to stationary configuration. The company plans to implement this advanced technology in their Community Solar projects. Community Solar gardens provide attractive investment potential for residents and businesses across the country.
With its patent pending, Solar Tracking System, Wind Electric Power Generation system, only approximately 62 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.
The Federal government has set an ambitious goal of ‘20% wind power by 2030,’ and generous subsidies targeted at every segment of American society have been set in place.
State subsidies for wind power are equally generous and can often be combined with Federal programs resulting, in some instances, in government funding equivalent to 80% of a wind power system’s total cost.
From families and farmers, to schools and non-profits, onto business owners and communities, there are government funding opportunities and tax incentives specifically dedicated to provide a basis that makes wind power generation a viable, economic and profitable choice for all of America.
All the same, we recommend that you take the time to explore the website of the‘Database of State Incentives for Renewables and Efficiency.’ This linkwww.dsireusa.org brings you to the most up to date and comprehensive listing of subsidies and tax incentives for the Federal government and all 50 states. It is the ‘online bible’ of government support of renewable energy.
Subsidies range from Direct Federal Grants, ITC’s (Investment Tax Credits) and PTC’s (Production Tax Credits) to a myriad of State Grants, Rebates and Tax Creditsavailable to all tax-payers, ranging from your family to Fortune 500 corporations.
This array of Federal and State subsidies and incentives has opened up the wind industry’s lucrative ‘tax equity opportunity’ to smaller investors for the first time. These subsidies provide investors with the ability to recoup their initial investment within 60 days of start up, depreciate 85% of total project costs in 5 years, while realizing decades of profitability; truly the opportunity to create the legacy of intergenerational wealth, with an increasing annuity that spans the decades.
Federally backed CREB and QECB bonds and USDA Renewable Energy Grants and Guaranteed Loans, along with many other types of incentives, ensure that municipalities, farmers and agricultural businesses, rural businesses, non-profits, school systems, universities all have the opportunity to access the national and state entitlement and subsidy programs, making wind power a viable and economically profitable choice for every American individual and group with an electric bill and access to a windy ridge, even if that ridge is 50 miles away from their township, school district, etc…
Mass Megawatts has the network and expertise to secure leaseholds on land possessing commercial grade wind resources for your investor group, will arrange for buyers to purchase your electricity and REC (renewable energy credits; yes, these are a wind power product and can be sold as easily as electricity) production. We can also introduce your group to organizations that are looking for strategic investment partners for project partnering. Often, these investors provide the land with the wind resource and purchase the wind farm’s electricity output.
Mass Megawatts can arrange for ‘low cost, long term’ financing on any wind power installation, from residential to large investor wind farms, often being able to position the ownership group to have over 90%, or more, of the permanent financing coming from government subsidies and private bonding.
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