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$MMMW Mass Megawatts Inc’s (OTC: MMMW) CEO Featured on The Street Reports Podcast
https://www.globenewswire.com/news-release/2022/11/21/2559791/0/en/Mass-Megawatts-Inc-s-OTC-MMMW-CEO-Featured-on-The-Street-Reports-Podcast.html
Worcester, Mass., Nov. 21, 2022 (GLOBE NEWSWIRE) -- Mass Megawatts Wind Power, Inc.’s (OTC: MMMW) CEO Jon Ricker was recently interviewed on "The Street Reports," and spoke about recent developments and near-term goals.
Listen here: https://thestreetreports.com/mass-megawatts-incs-otcmmmw-ceo-jon-ricker-featured-on-the-street-reports-podcast/
The Street Reports
The Street Reports discovering companies from “Wall Street 2 Bay Street” specializes in bringing relevant information on micro-cap, small-cap, and generally undervalued companies to the attention readers/listeners which maybe potential investors.
Bought more today Let's get this thing rolling!!
$MMMW Mass Megawatts Announces a Payback of Three to Five Year Using the Patent Pending Solar Tracker in Several States
https://www.globenewswire.com/news-release/2022/10/31/2544503/0/en/Mass-Megawatts-Announces-a-Payback-of-Three-to-Five-Year-Using-the-Patent-Pending-Solar-Tracker-in-Several-States.html
WORCESTER, Mass., Oct. 31, 2022 (GLOBE NEWSWIRE) -- Mass Megawatts (OTC: MMMW) www.massmegawatts.com announces the ability for solar projects using the new patent pending solar tracker to pay for itself in three to five years at many locations in states like Massachusetts, New York and Connecticut. Most of the components of both the solar tracker and the non-solar tracker equipment have twenty-year manufacture guarantees from large reputable suppliers. The most expensive items like the solar panels, inverters, and tracker motors are supported by the large suppliers.
To help complete the new solar power projects, Mass Megawatts recently developed a partnership for installing and financing low-cost solar projects in 19 states. Many solar projects will be eligible for 100 percent financing. Under the new program, we can also streamline the process toward delivering custom proposals and the best plan for the customer.
In other news, Mass Megawatts recently announced the 20 percent solar power output improvement in addition to the previously announced 37% increased power output with an innovative redesign of its patent pending solar tracker to maximize the albedo or solar reflection effect of receiving electric power output from the backside of solar panels that can accept solar rays from both sides of the solar panel. The cost saving improvement is possible since the patent pending solar tracker has the competitive advantage of using a low-cost method for protection against high wind and hurricane related events. The solar panels attached to the tracker platform would force the face of the panels to turn 90 degrees from the direction of the wind. The system allows a slip feature during high wind conditions. Once the wind returns to less dangerous levels, the tracker resumes its operations. The “yaw sideways” technique avoids the need for additional material and cost needed to protect against high wind events.
In addition to the increased power output from enhancing the solar panel backside reflection, Mass Megawatts also announced recently that it has enhanced its patent-pending, Solar Tracking technology to improve energy production levels by an additional 7% with the adjustment of the panels based on the sun’s altitude each day. These adjustments are also expected to improve the power generation level of the solar panels.
Mass Megawatts is developing a patented pending, Mass Megawatts ‘Solar Tracking System’ (STS) which 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 utilizes a proprietary mechanical innovation to limit dynamic and static loading on the tracker, which can occur during periods of high wind and extreme weather. The technology reduces wind-related stresses and system downtime. The STS allows Mass Megawatts to lower the cost of material and reduce the number of solar panels needed to generate the rated capacity. Due to this advantage, Mass Megawatts STS systems can deliver more solar power production at a price similar to lower-capacity, stationary systems.
The key driver to future sales is the use of solar trackers being known to reduce the cost of solar powered electricity. Although Mass Megawatts in 2023 is aiming to achieving a very small fraction of global demand of this specific solar market segment, the solar tracker market 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 for increasing solar energy output throughout the day. The market is anticipated to have substantial growth due to the growing need for renewable energy.
With its patent pending, Solar Tracking System, Mass Megawatts believes it is well positioned for expanded production and supporting its revenue generation goals in the longer term.
Loaded and ready for this one to take off!
$MMMW vey little short term debt too.
The market cap is close to 1.5 million which may be very different when people realize that the new technology can reduce the cost of solar at least 30 percent.
High oil prices could speed the transition to renewables.
New manufacturing tax credits are available specifically for solar trackers. It is written in the new law just passed a few months ago.
There is no need for large capital expenditures to start producing the new solar tracker.
$MMMW The ability to finance project from third party financing should help sales.
$MMMW With project paying for itself with the tracker in less than 4 years in the Boston area, it is a matter of time before sales.
The growth in solar tracker sub market is faster than the solar market.
Over 20 years of having no toxic debt. They are no going to start now nd change their long standing policy.
The current value of $MMMW is close to the selling price of a full reporting trading shell. Yet, they may have a great product that should command a much higher market cap similar to solar stock that have no revenue. The current price would be wildly ridiculous once there is even the smallest revenue.
The current value of $MMMW is close to the selling price of a full reporting trading shell. Yet, they may have a great product that should command a much higher market cap similar to solar stock that have no revenue. The current price would be wildly ridiculous once there is even the smallest revenue.
The infrastructure partnership should be a start until $MMMW figures out on reducing cost of sales to expand sales margin.
Looks like it’d a big congrats to all the longs wow nice news adding at the open https://www.otcmarkets.com/stock/MMMW/news?id=376203
$MMMW Mass Megawatts Announces Procurement, Finance, and Installation Partnership for Bringing the Best Solar Project Value in 19 States
https://www.globenewswire.com/news-release/2022/10/17/2535370/0/en/Mass-Megawatts-Announces-Procurement-Finance-and-Installation-Partnership-for-Bringing-the-Best-Solar-Project-Value-in-19-States.html
BOSTON, Mass., Oct. 17, 2022 (GLOBE NEWSWIRE) -- Mass Megawatts (OTC: MMMW) www.massmegawatts.com announces a partnership with installsolarnow.com for bringing low cost solar projects to 19 states including California, Colorado, Illinois, Maryland, North Carolina, New Mexico and Virginia. The partnership will allow access to the best solar equipment at the best price. Many solar projects in the 19 states will be eligible for 100 percent financing. For customers who require a new roof, we can provide them a process for taking advantage of the favorable tax deduction status of installing a new roof while adding solar equipment. We can streamline the process toward delivering a custom proposal and the best plan for the customer.
In other news, Mass Megawatts recently announced the 20 percent solar power output improvement in addition to the previously announced 37% increased power output with an innovative redesign of its patent pending solar tracker to maximize the albedo or solar reflection effect of receiving electric power output from the backside of solar panels that can accept solar rays from both sides of the solar panel. The cost saving improvement is possible since the patent pending solar tracker has the competitive advantage of using a low-cost method for protection against high wind and hurricane related events. The solar panels attached to the tracker platform would force the face of the panels to turn 90 degrees from the direction of the wind. The system allows a slip feature during high wind conditions. Once the wind returns to less dangerous levels, the tracker resumes its operations. The “yaw sideways” technique avoids the need for additional material and cost needed to protect against high wind events.
In addition to the increased power output from enhancing the solar panel backside reflection, Mass Megawatts also announced recently that it has enhanced its patent-pending, Solar Tracking technology to improve energy production levels by an additional 7% with the adjustment of the panels based on the sun’s altitude each day. These adjustments are also expected to improve the power generation level of the solar panels.
Mass Megawatts is developing a patented pending, Mass Megawatts ‘Solar Tracking System’ (STS) which 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 utilizes a proprietary mechanical innovation to limit dynamic and static loading on the tracker, which can occur during periods of high wind and extreme weather. The technology reduces wind-related stresses and system downtime. The STS allows Mass Megawatts to lower the cost of material and reduce the number of solar panels needed to generate the rated capacity. Due to this advantage, Mass Megawatts STS systems can deliver more solar power production at a price similar to lower-capacity, stationary systems.
The key driver to future sales is the use of solar trackers being known to reduce the cost of solar powered electricity. Although Mass Megawatts in 2023 is aiming to achieving a very small fraction of global demand of this specific solar market segment, the solar tracker market 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 for increasing solar energy output throughout the day. The market is anticipated to have substantial growth due to the growing need for renewable energy.
With its patent pending, Solar Tracking System, 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.
LOOKS LIKE THEY ARE GETTING RDY TO SELL SHARES....... IMO
$MMMW Mass Megawatts Announces Improvement to Increase Power Output of an Additional Twenty Percent for a Small Additional Cost
https://www.globenewswire.com/news-release/2022/10/10/2530975/0/en/Mass-Megawatts-Announces-Improvement-to-Increase-Power-Output-of-an-Additional-Twenty-Percent-for-a-Small-Additional-Cost.html
WORCESTER, Mass., Oct. 10, 2022 (GLOBE NEWSWIRE) -- Mass Megawatts (OTC: MMMW) www.massmegawatts.com announces the improvement of an additional 20 percent with an innovative redesign of its patent pending solar tracker to maximize the albedo or solar reflection effect of receiving electric power output from the backside of solar panels that can accept solar rays from both sides of the solar panel. The cost saving improvement is possible since the patent pending solar tracker has the competitive advantage of using a low-cost method for protection against high wind and hurricane related events. The solar panels attached to the tracker platform would force the face of the panels to turn 90 degrees from the direction of the wind. The system allows a slip feature during high wind conditions. Once the wind returns to less dangerous levels, the tracker resumes its operations. The “yaw sideways” technique avoids the need for additional material and cost needed to protect against high wind events.
In addition to the increased power output from enhancing the solar panel backside reflection, Mass Megawatts also announced recently that it has enhanced its patent-pending, Solar Tracking technology to improve energy production levels by an additional 7% with the adjustment of the panels based on the sun’s altitude each day. These adjustments are also expected to improve the power generation level of the solar panels.
Mass Megawatts is developing a patented pending, Mass Megawatts ‘Solar Tracking System’ (STS) which 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 utilizes a proprietary mechanical innovation to limit dynamic and static loading on the tracker, which can occur during periods of high wind and extreme weather. The technology reduces wind-related stresses and system downtime. The STS allows Mass Megawatts to lower the cost of material and reduce the number of solar panels needed to generate the rated capacity. Due to this advantage, Mass Megawatts STS systems can deliver more solar power production at a price similar to lower-capacity, stationary systems.
The key driver to future sales is the use of solar trackers being known to reduce the cost of solar powered electricity. Although Mass Megawatts in 2023 is aiming to achieving a very small fraction of global demand of this specific solar market segment, the solar tracker market 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.
With its patent pending, Solar Tracking System, Mass Megawatts believes it is well positioned for expanded production and supporting its revenue generation goals in the longer term.
It's a major red flag when the company itself attempts to prop up its share price with the daily short data nonsense. Usually, it's people stuck in a losing position that tries that. Of course, it never works as people nowadays understand what those numbers represent.
$MMMW “Short Alert and Potential Short Squeeze” for Mass Megawatts (MMMW) as Short Stock Scanners Note Substantial Short Activity
https://www.globenewswire.com/news-release/2022/09/26/2522434/0/en/Short-Alert-and-Potential-Short-Squeeze-for-Mass-Megawatts-MMMW-as-Short-Stock-Scanners-Note-Substantial-Short-Activity.html
WORCESTER, Mass., Sept. 26, 2022 (GLOBE NEWSWIRE) -- Mass Megawatts (OTC: MMMW) www.massmegawatts.com has a substantial short interest in its common stock with a potential for short squeeze activity in its stock. A short squeeze happens when short sellers cover their short positions when a stock moves higher. Sometimes, they are forced to cover their positions with margin calls. As a result, there is upside pressure on the company’s common stock.
Mass Megawatts is developing a patented pending, Mass Megawatts ‘Solar Tracking System’ (STS) which 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 utilizes a proprietary mechanical innovation to limit dynamic and static loading on the tracker, which can occur during periods of high wind and extreme weather. The technology reduces wind-related stresses and system downtime. The STS allows Mass Megawatts to lower the cost of material and reduce the number of solar panels needed to generate the rated capacity. Due to this advantage, Mass Megawatts STS systems can deliver more solar power production at a price similar to lower-capacity, stationary systems.
In recent news, Mass Megawatts announced completion goals for a 500 kW project to be developed at a manufacturing facility utilizing the patent pending solar tracker. The 30 percent investment tax credit and the additional 10 % adder for Brownfield development are important financing tools toward the completion of the solar project. Additionally, other recent new tax related benefits include the 2019 changes in section 179 accelerated depreciation allowing a full one year accelerated depreciation for the new roof of the facility. Previously, the depreciation would have to be taken over a thirty-year period. The 500-kilowatt, project, Mass Megawatts’ largest to date, reduces the cost of solar power, while protecting the solar units by employing a furling technology borrowed from wind technology. The technological innovation is triggered by high wind events. The technique improves the efficiency of solar arrays without adding significant additional expense.
Mass Megawatts also announced recently that it has enhanced its patent-pending, Solar Tracking technology to improve energy production levels by an additional 7%. In the company’s latest design improvement, the tracking system will also cost effectively adjust the panels based on the sun’s altitude each day. These adjustments will significantly improve the power generation level of the solar panels.
This innovation is expected to increase the energy production level of the company’s STS by an additional 7% while requiring less than a 2% increase in system cost. That brings the total increase in power generation to 37% while requiring less than a 12% increase in cost.
Stated another way, for an additional investment of 12%, you can achieve 37% more power generation with the STS as compared to a traditional, stationary-mount, solar-panel system. The STS would utilize the same number of solar panels as the stationary unit, but would produce 37% more energy for the life of the unit. The generated electricity can be used for onsite consumption and/or revenue generation.
Mass Megawatts plans to have include the new improvements on mobilized transportable small solar units to demonstrate the cost and output of the additional solar tracking features. The mobile units with the improvements will include one unit demonstrating the tracker and another nearly identical unit without the tracker. This should help add a layer of comfort to prospective purchasers who consider utilizing Mass Megawatts’ new technology.
The key driver to future sales is the use of solar trackers being known to reduce the cost of solar powered electricity. Although Mass Megawatts in 2023 is aiming to achieving a very small fraction of global demand of this specific solar market segment, the solar tracker market 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.
With its patent pending, Solar Tracking System, Mass Megawatts believes it is well positioned for expanded production and supporting its revenue generation goals in the longer term.
Why the drop all of a sudden?? Any ideas
Adding a bunch what a deal here yoink
$MMMW Mass Megawatts (MMMW) Largest Sale of Solar Project with New Solar Tracker Targeted Completion in Early 2023 with Assistance of New Brownfield 10%Tax Credit Adder
https://www.globenewswire.com/news-release/2022/09/15/2516801/0/en/Mass-Megawatts-MMMW-Largest-Sale-of-Solar-Project-with-New-Solar-Tracker-Targeted-Completion-in-Early-2023-with-Assistance-of-New-Brownfield-10-Tax-Credit-Adder.html
BOSTON, Mass., Sept. 15, 2022 (GLOBE NEWSWIRE) -- Mass Megawatts (OTC: MMMW) www.massmegawatts.com announces today a completion target of 2023 for the Pennsylvania 500 kW project to be developed at a manufacturing facility utilizing the patent pending solar tracker. The 30 percent investment tax credit and the additional 10 % adder for Brownfield development are important financing tools toward the completion of the solar project. Additionally, other recent new tax related benefits include the 2019 changes in section 179 accelerated depreciation allowing a full one year accelerated depreciation for the new roof of the facility. Previously, the depreciation would have to be taken over a thirty-year period. The solar project is projected to pay for itself in seven years based upon contracted electric prices packaged with current federal and state incentives. The 500-kilowatt, project, Mass Megawatts’ largest to date, reduces the cost of solar power, while protecting the solar units by employing a furling technology borrowed from wind technology. The technological innovation is triggered by high wind events. The technique improves the efficiency of solar arrays without adding significant additional expense. Mass Megawatts is responsible for the site development, fabrication, installation, and the interconnection of the project. The solar unit will be located in Muncy, Pennsylvania.
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 utilizes a proprietary mechanical innovation to limit dynamic and static loading on the tracker, which can occur during periods of high wind and extreme weather. The technology reduces wind-related stresses and system downtime. The STS allows Mass Megawatts to lower the cost of material and reduce the number of solar panels needed to generate the rated capacity. Due to this advantage, Mass Megawatts STS systems can deliver more solar power production at a price similar to lower-capacity, stationary systems.
In recent news, Mass Megawatts announced that it has enhanced its patent-pending, Solar Tracking technology to improve energy production levels by an additional 7%. In the company’s latest design improvement, the tracking system will also cost effectively adjust the panels based on the sun’s altitude each day. These adjustments will significantly improve the power generation level of the solar panels.
This innovation is expected to increase the energy production level of the company’s STS by an additional 7% while requiring less than a 2% increase in system cost. That brings the total increase in power generation to 37% while requiring less than a 12% increase in cost.
Stated another way, for an additional investment of 12%, you can achieve 37% more power generation with the STS as compared to a traditional, stationary-mount, solar-panel system. The STS would utilize the same number of solar panels as the stationary unit but would produce 37% more energy for the life of the unit. The generated electricity can be used for onsite consumption and/or revenue generation.
Mass Megawatts plans to have include the new improvements on mobilized transportable small solar units to demonstrate the cost and output of the additional solar tracking features. The mobile units with the improvements will include one unit demonstrating the tracker and another nearly identical unit without the tracker. This should help add a layer of comfort to prospective purchasers who consider utilizing Mass Megawatts’ new technology.
The key driver to future sales is the use of solar trackers being known to reduce the cost of solar powered electricity. Although Mass Megawatts in 2023 is aiming to achieving a very small fraction of global demand of this specific solar market segment, the solar tracker market 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.
With its patent pending, Solar Tracking System, Mass Megawatts believes it is well positioned for expanded production and supporting its revenue generation goals in the longer term.
$MMMW is now more transparent for investors as a reporting company.
$MMMW and solar companies benefit from the high cost of fossil fuels. The project payback can be quicker.
$MMMW networking is good for sales and building a company.
$MMMW with a new product to reduce energy cost.
$MMMW is part of the big favorable long term trend for renewable energy industry.
$MMMW no toxic debt in the history of the company.
Waiting for $MMMW round three.
$MMMW needs to complete a few sales and the stock should respond.
$MMMW can bring green to the brown.
$MMMW has a possibility of Boston being added to the list next year. Google fossil fuel ban Boston.
$MMMW might be making small progress but that could add up big over time.
$MMMW Mass Megawatts Enhances Solar Tracking Technology for an Additional 7% Power Gain
https://www.globenewswire.com/news-release/2022/08/31/2507528/0/en/Mass-Megawatts-Enhances-Solar-Tracking-Technology-for-an-Additional-7-Power-Gain.html
WORCESTER, MA, Aug. 31, 2022 (GLOBE NEWSWIRE) -- Mass Megawatts Wind Power, Inc. (OTC: MMMW) www.massmegawatts.com announced that it has enhanced its patent-pending, Solar Tracking technology to improve energy production levels by an additional 7%.
The company’s Solar Tracking System (STS) 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. In addition, with the company’s latest design improvement, the tracking system will also cost effectively adjust the panels based on the sun’s altitude each day. These adjustments will significantly improve the power generation level of the solar panels.
This innovation is expected to increase the energy production level of the company’s STS by an additional 7% while requiring less than a 2% increase in system cost. That brings the total increase in power generation to 37% while requiring less than a 12% increase in cost.
Stated another way, for an additional investment of 12%, you can achieve 37% more power generation with the STS as compared to a traditional, stationary-mount, solar-panel system. The STS would utilize the same number of solar panels as the stationary unit, but would produce 37% more energy for the life of the unit. The generated electricity can be used for onsite consumption and/or revenue generation.
The Solar Tracking System boosts the energy production level of solar panels while reducing the payback period for solar power investments. The technology is particularly well suited for commercial roof-top and ground-mount locations. Added government incentives, including tax credits, are also fueling the demand for solar investments.
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. Due to this advantage, Mass Megawatts can deliver more solar power at a lower cost when compared to traditional, stationary systems.
Mass Megawatts feels that their tracking technology provides a competitive advantage that will soon become a standard in the solar power industry. The company is continuing to plan for commercial installations throughout the country.
You can listen to a recent interview with the company’s CEO, Jon Ricker at
$MMMW Mass Megawatts Targets Marketing Effort Toward Acton, Aquinnah, Arlington, Brookline, Cambridge, Concord, Lexington, Lincoln, Newton, and West Tisbury as New Massachusetts Law Signed by Governor Baker Last Week Brings New Opportunities
https://www.globenewswire.com/news-release/2022/08/15/2498130/0/en/Mass-Megawatts-Targets-Marketing-Effort-Toward-Acton-Aquinnah-Arlington-Brookline-Cambridge-Concord-Lexington-Lincoln-Newton-and-West-Tisbury-as-New-Massachusetts-Law-Signed-by-Gov.html
BOSTON, Mass., Aug. 15, 2022 (GLOBE NEWSWIRE) -- Mass Megawatts (OTC: MMMW) www.massmegawatts.com targets ten Massachusetts communities being allowed to limit or ban fossil fuels in new construction under the new Massachusetts Clean Energy Law passed last week. Mass Megawatts’ new solar tracker is designed to reduce the cost of electricity. The solar tracker can increase power output by 30 percent for an additional cost of less than ten percent. Under the new law, Massachusetts plans to reduce carbon emissions by at least 85% by 2050. The ten Massachusetts communities limiting or banning fossil fuels in new construction are Acton, Aquinnah, Arlington,Brookline, Cambridge, Concord, Lexington, Lincoln, Newton, and West Tisbury.
In other recent news Mass Megawatts is expected to receive an additional ten percent tax credit beyond the 30 percent tax credit for its planned 160 kW brownfield related project using the patent pending solar tracker under another Climate Bill on the federal level recently passed by the United States Senate and House of Representatives. It is expected to be signed into law this week by President Biden.
Mass Megawatts can take advantage of the finance incentives of developing on a brownfield area or location with environmental challenges. Although this project is outside the designated opportunity zone which would also provide incentives for low-income communities, larger projects are being planned in the same neighborhood that are inside in geographical location designated as an opportunity zone. Those projects would take advantage of government incentives for selling to low-income electric users. Most importantly, the use of virtual net metering protects the finance interest of the project by having the actual project at a different location than the residence of the low-income customer. If the electricity user cannot pay the electric bill, it would be easier to redesignate another user for maintaining the revenue stream of that solar power unit.
The project is projected to have a pay for itself in about three to four years based on Massachusetts electric prices with current federal and state incentives. The 160-kilowatt project is designed to be able to reduce the cost of solar power by employing a furling technology borrowed from wind technology for protection in the case of high wind events. The technique improves the efficiency of solar arrays without adding significant additional expense. Mass Megawatts is responsible for the site development, fabrication, installation, and the interconnection obligations of the solar project. The solar project is in a low-income area in Worcester, Massachusetts.
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. The technology reduces wind-related stresses and system downtime. The STS allows Mass Megawatts to lower the cost of material 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.
In other news, Mass Megawatts announced plans to have two small solar units to explain the cost and output of the additional solar tracking features. The two units with one unit demonstrating the tracker and another unit being nearly identical without the tracker should help sell the new technology to many potential purchasers who would not easily be convinced to get involved with a new technology.
The key driver to future sales is the use of solar trackers being known to reduce the cost of solar powered electricity. Although Mass Megawatts is aiming to achieving a very small fraction of global demand of this specific solar market segment, the solar tracker market 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 for increasing energy output throughout the day. The market is anticipated to have substantial growth due to the growing need for renewable energy.
With its patent pending, Solar Tracking System, Mass Megawatts believes it is well positioned for expanded production and supporting its revenue generation goals in the longer term.
$MMMW Mass Megawatts’ (MMMW) Brownfield Project to Receive Additional Benefits Under New Climate Bill
https://www.globenewswire.com/news-release/2022/08/11/2496763/0/en/Mass-Megawatts-MMMW-Brownfield-Project-to-Receive-Additional-Benefits-Under-New-Climate-Bill.html
BOSTON, Mass., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Mass Megawatts (OTC: MMMW) www.massmegawatts.com is expected to receive an additional ten percent tax credit for its planned 160 kW project using the patent pending solar tracker under the Climate Bill recently passed by the United States Senate. Mass Megawatts can take advantage of the finance incentives of developing on a brownfield area or location with environmental challenges. Although this project is outside the designated opportunity zone which would also provide incentives for low-income communities, larger projects are being planned in the same neighborhood that are inside in geographical location designated as an opportunity zone. Those projects would take advantage of government incentives for selling to low-income electric users. Most importantly, the use of virtual net metering protects the finance interest of the project by having the actual project at a different location than the residence of the low-income customer. If the electricity user cannot pay the electric bill, it would be easier to redesignate another user for maintaining the revenue stream of that solar power unit.
The project is projected to have a pay for itself in about three to four years based on Massachusetts electric prices with current federal and state incentives. The 160-kilowatt project is designed to be able to reduce the cost of solar power by employing a furling technology borrowed from wind technology for protection in the case of high wind events. The technique improves the efficiency of solar arrays without adding significant additional expense. Mass Megawatts is responsible for the site development, fabrication, installation, and the interconnection obligations of the solar project. The solar project is in a low-income area in Worcester, Massachusetts.
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. The technology reduces wind-related stresses and system downtime. The STS allows Mass Megawatts to lower the cost of material 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.
In other news, Mass Megawatts announced plans to have two small solar units to explain the cost and output of the additional solar tracking features. The two units with one unit demonstrating the tracker and another unit being nearly identical without the tracker should help sell the new technology to many potential purchasers who would not easily be convinced to get involved with a new technology.
The key driver to future sales is the use of solar trackers being known to reduce the cost of solar powered electricity. Although Mass Megawatts is aiming to achieving a very small fraction of global demand of this specific solar market segment, the solar tracker market 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 for increasing energy output throughout the day. The market is anticipated to have substantial growth due to the growing need for renewable energy.
With its patent pending, Solar Tracking System, Mass Megawatts believes it is well positioned for expanded production and supporting its revenue generation goals in the longer term.
Mass Megawatts prepares for construction of Solar Power Systems in New York.
WORCESTER, MA, July 25th, 2022 -- Mass Megawatts Wind Power, Inc. (OTC: MMMW) www.massmegawatts.com has started to prepare for the construction of two solar power systems in Brooklyn, New York, to demonstrate the benefits of the company’s patent-pending, Solar Tracking technology.
The two 5 kW systems will be identical, except that one will include the company’s Solar Tracking technology, while the other will not. The performance of these systems will be compared to demonstrate that the Solar Tracker provides a 30% improvement in power generation while requiring less than a 10% increase in system cost.
The units will be installed adjacent to one another, on a flat, roof-top location owned by a local business, to ensure that environmental conditions are the same. The system components will also be identical. Power generation levels from both units will be monitored and compared to conclusively show the positive impact of the company’s solar tracking technology.
The company’s patented pending, Solar Tracker is designed to automatically adjust the position of solar panels throughout the day to directly face the sun as it travels from East to West. This can significantly boost energy production levels while dramatically reducing the payback period for solar power investments.
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. Due to this advantage, Mass Megawatts can deliver more solar power at a lower cost when compared to traditional, stationary systems.
Mass Megawatts feels that their tracking technology provides a competitive advantage that will soon become a standard in the solar power industry. The company is continuing to plan for commercial installations throughout the country.
You can listen to a recent interview with the company’s CEO, Jon Ricker at
$MMMW good news. www.massmegawatts.com
WASHINGTON (AP) — In an unexpected turnabout, Senate Majority Leader Chuck Schumer and Sen. Joe Manchin announced Wednesday they had reached an expansive agreement that had eluded them for months on health care, energy and climate issues, taxes on higher earners and corporations and trimming of the federal debt.
$MMMW Mass Megawatts prepares for construction of Solar Power Systems in New York
https://www.globenewswire.com/news-release/2022/07/25/2484941/0/en/Mass-Megawatts-prepares-for-construction-of-Solar-Power-Systems-in-New-York.html
WORCESTER, MA, July 25, 2022 (GLOBE NEWSWIRE) -- Mass Megawatts Wind Power, Inc. (OTC Pink: MMMW) www.massmegawatts.com has started to prepare for the construction of two solar power systems in Brooklyn, New York, to demonstrate the benefits of the company’s patent-pending, Solar Tracking technology.
The two 5 kW systems will be identical, except that one will include the company’s Solar Tracking technology, while the other will not. The performance of these systems will be compared to demonstrate that the Solar Tracker provides a 30% improvement in power generation while requiring less than a 10% increase in system cost.
The units will be installed adjacent to one another, on a flat, roof-top location owned by a local business, to ensure that environmental conditions are the same. The system components will also be identical. Power generation levels from both units will be monitored and compared to conclusively show the positive impact of the company’s solar tracking technology.
The company’s patented pending, Solar Tracker is designed to automatically adjust the position of solar panels throughout the day to directly face the sun as it travels from East to West. This can significantly boost energy production levels while dramatically reducing the payback period for solar power investments.
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. Due to this advantage, Mass Megawatts can deliver more solar power at a lower cost when compared to traditional, stationary systems.
Mass Megawatts feels that their tracking technology provides a competitive advantage that will soon become a standard in the solar power industry. The company is continuing to plan for commercial installations throughout the country.
You can listen to a recent interview with the company’s CEO, Jon Ricker at
$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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