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Great technology $$$$$
$MMMW with great new patented cost cutting solar technology.
$MMMW less than $2 million market cap and no toxic debt.
I agree. $MMMW with a great new product is way undervalued.
Mass Megawatts Announces a New Solar Power Technology that Boosts Energy Production by More Than 170%
WORCESTER, MA, June 29, 2023 -- Mass Megawatts Wind Power, Inc. (OTC: MMMW) www.massmegawatts.com
today announced that the company’s patent-pending, Concentrated Solar Power Tracking System (CST) has been enhanced to work with traditional, photovoltaic solar panel systems, as well as, thermal-based, Stirling engines to significantly drive-down the cost of power generation. The recent innovations will set a new standard for low-cost and reliable energy production.
Mass Megawatts reports the CST will generate 170% more energy than a traditional, non-tracking solar power system. This provides a significant reduction in the cost of solar energy production, bringing it to a level well-below existing solar power technologies, as well as, below fossil-fuel based, power generation systems.
The CST utilizes a low-cost, yet robust platform for concentrating the sun’s rays directly onto a central solar panel or Sterling engine that will convert the reflected sunlight into energy. The CST has reflectors that are mounted on the perimeter of a rotating, circular platform that continually adjusts its position to directly face the sun’s rays throughout the day. This provides a greater level of sunlight to reach the centralized panels or Sterling engine to significantly increase the level of power production.
The company’s innovative CST design solves a common problem with concentrated solar power systems that occurs when solar panels become overheated. The CST provides a heat shield for the panels that allows visible light waves to reach the panels while blocking the counter-productive, infrared heat-generating waves. This prevents the solar panels from overheating and maximizes solar power generation.
The Concentrated Solar Power with photovoltaic cells is projected to produce more than 170 percent more power output than a stationary project with the same number of solar panels and without the tracker. While Mass Megawatts announced that more details are being disclosed today to reduce the cost of solar generated electricity in half using Sterling engines, we believe that the photovoltaic use of our concentrated technology would produce greater cost reductions and be a lot easier to construct. In the long term, concentrated solar using the new Sterling engine technology described later should be the best option to reduce cost since there are no expensive raw materials and the engineering will be less complicated.
In the photovoltaic version of the concentrated power unit, the concentrator section has two times more surface area than the area of the solar panels. The concentrators do not have to be expensive parabolic objects. It can be inexpensive flat silver colored canvas like sections which focus directly on an even manner onto the solar panels through the day by the use of our platform based low-cost solar tracker. The silver color for reflectors is important due to the high albedo (reflectivity) effect of silver. The avoidance of concentrated hot spots on the solar panel is avoided through the use of a dual axis version of solar tracker software using a motor to move the horizontal section of solar panels and an actuator to move the vertical section which raises and lowers the panels to an optimal level for that particular time of the year. At the same time, the maximum output from the reflectors of 110 percent more output is enhanced on top of the 36 percent additional output from our patent pending platform based solar tracker. As a result, the total additional power output is 170 percent greater than similar number of solar panels without the solar tracker and reflectors.
The key to prevent overheating the panels is very important. It is the visible light that has the useful electricity that everyone uses. Since infrared rays are heat and does not have the useful electricity, the object of the innovation is to reduce the amount of infrared heat generating rays while allowing visible light waves in the spectrum. The solar unit would use reflective film similar to 3M technology that is protected from weather conditions on the solar panels. The film would block 90 percent the infrared (heat ) rays and allow 70 percent of the visible light (useful) rays.
Since infrared heat is 90 percent blocked which contribute half of the total surface heat and 30 percent of visible light is block, only one third of the heat reaches the total surface area being three times the area of the panels. Therefore, 110 percent of the visible light would reach the solar panels while no more heat reaches the panels than a similar set of solar panels without a tracker and any concentrator. The tracker adds 36 percent more than the 110 percent output. The total output is more than 170 percent than stationary solar panels without the patent pending tracker and patent pending new concentrator.
Mass Megawatts also announced today an overview of the Sterling engine innovation as one of several cost saving improvements of the new Mass Megawatts concentrated solar power technology. The most important improvement is related to the unique cost competitive solar concentration section that works well with our solar tracker.
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 avoiding friction when the parts are moving. The cost reduction related to the robust simplicity also reduce 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 the high efficiency. The new 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 previously disclosed patent pending solar tracker which can produce 35 percent more solar power for less than ten percent additional cost. A video on the home page of www.massmegawatts.com summarizes the previously disclosed patent pending solar tracker.
The company’s Solar Tracking System (STS) in itself is a new patent pending product that significantly reduces the payback period for solar power investments. The projects using only the previously disclosed solar tracker can pay for itself in less than five years at many locations. 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
Mass Megawatts Plans to Apply for OTCQB Status
WORCESTER, Mass., July 12, 2023 - Mass Megawatts Wind Power, Inc. (OTC:MMMW) www.massmegawatts.com plan to apply to be OTCQB status on “ The Venture Market “ of the OTC Markets, also known as the OTCQB. Companies trading on the OTCQB must follow standards to improve transparency. The Venture Market is operated through OTC link, an inter-dealer quotation and trading system developed by OTC Markets Group. As an established public financial market, the OTCQB Venture Market is an opportunity for OTCQB status publicly traded companies to build visibility and expand their liquidity and shareholder base.
In unrelated recent news, Mass Megawatts recently announced a new patent-pending, Concentrated Solar Power Tracking System (CST) that will set a new standard for low-cost and reliable energy production. The new technology can deliver a significant reduction in the cost of solar energy production.
The CST utilizes a low-cost, yet robust platform for concentrating the sun’s rays directly onto a central area of solar panels or Sterling engine that will convert the reflected sunlight into energy. The CST has reflectors that are mounted on the perimeter of a rotating, circular platform that continually adjusts its position to directly face the sun’s rays throughout the day with an innovation to avoid elevated heat levels using a low cost patent pending method.
The new technology is an important addition to its previously disclosed patent pending solar tracker which can produce 35 percent more solar power for less than ten percent additional cost. A video on the home page of www.massmegawatts.com summarizes the previously disclosed patent pending solar tracker. The solar tracker can pay for itself in less than five years at many locations 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).
Mass Megawatts Plans to Build a 350 kW Solar Project Valued $700,000 Near Holy Cross College With its Newest Technology
WORCESTER, MA, July 26,2023 - Mass Megawatts Wind Power, Inc. (OTC:MMMW) http://www.massmegawatts.com has started the process of developing a 350-kW solar power project using our patent pending Concentrated Solar Power Tracking System (CST) that will set a new standard for low-cost and reliable energy production. The new technology can deliver a significant reduction in the cost of solar energy production. The proposed project is planned to be developed on two warehouses having a total of 500,000 square feet near Holy Cross College in Worcester, Massachusetts. The electricity will be primarily sold to local businesses.
The CST utilizes a low-cost, yet robust platform for concentrating the sun’s rays directly onto a central area of solar panels that will convert the reflected sunlight into energy. The CST has reflectors that are mounted on the perimeter of a rotating, circular platform that continually adjusts its position to directly face the sun’s rays throughout the day with an innovation to avoid elevated heat levels using a low-cost patent pending method.
The new technology is an important addition to its previously disclosed patent pending solar tracker which can produce 35 percent more solar power for less than ten percent additional cost. A video on the home page of www.massmegawatts.com summarizes the previously disclosed patent pending solar tracker that can pay for itself in less than five years at many locations. 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. The new technology is also 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.
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; general economic conditions; and other risk factors detailed in periodic reports filed by Mass Megawatts Wind Power (MMMW).
I agree. $MMMW great news today.
Mass Megawatts Generated Five Planned Solar Project Sales During August
August 11 2023 - 07:26AM
InvestorsHub NewsWire
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Mass Megawatts Generated Five Planned Solar Project Sales During August
WORCESTER Mass. -- August 11, 2023 -- InvestorsHub NewsWire -- Mass Megawatts (OTC:MMMW) www.massmegawatts.com announced that the Company is moving forward with selling solar projects during the dog days of summer. The most recently planned projects are designed for small commercial and residential applications. The residential solar projects can pay for themselves in less than 6.5 years. The larger projects for small businesses can pay for itself in less than 4 years when bonus depreciation benefits are factored into the payback.
Mass Megawatts has started the process of developing solar power projects using our patent pending Concentrated Solar Power Tracking System (CST) that will set a new standard for low-cost and reliable energy production. The new technology can deliver a significant reduction in the cost of solar energy production.
The CST utilizes a low-cost, yet robust platform for concentrating the sun's rays directly onto a central area of solar panels that will convert the reflected sunlight into energy. The CST has reflectors that are mounted on the perimeter of a rotating, circular platform that continually adjusts its position to directly face the sun's rays throughout the day with an innovation to avoid elevated heat levels using a low-cost patent pending method.
The new technology is an important addition to its previously disclosed patent pending solar tracker which can produce 35 percent more solar power for less than ten percent additional cost. A video on the home page of www.massmegawatts.com summarizes the previously disclosed patent pending solar tracker. 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. The new technology is also 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 key driver to future sales is the use of solar trackers, 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 .
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.
Contact:
Mass Megawatts Wind Power, Inc.
info@massmegawatts.com
www.massmegawatts.com
$MMMW new technology product sales today.
$MMMW news on solar project sales today.
$MMMW patent pending cost cutting solar tracker and only $2 million market cap.
$MMMW is good for the long term ( and short term).
Been watching this stock for over a decade. Finally bought $MMMW shares today.
$MMMW news today on small community solar.
$MMMW market cap less than $2 million, low float and no toxic debt.
Loaded and ready for this one to explode$$$$$$
Low float lot of potential here $$$$$
Mass Megawatts Plans to Build a 350 kW Solar Project Valued $700,000 Near Holy Cross College With its Newest Technology
WORCESTER, MA, July 26,2023 - Mass Megawatts Wind Power, Inc. (OTC:MMMW) http://www.massmegawatts.com has started the process of developing a 350-kW solar power project using our patent pending Concentrated Solar Power Tracking System (CST) that will set a new standard for low-cost and reliable energy production. The new technology can deliver a significant reduction in the cost of solar energy production. The proposed project is planned to be developed on two warehouses having a total of 500,000 square feet near Holy Cross College in Worcester, Massachusetts. The electricity will be primarily sold to local businesses.
The CST utilizes a low-cost, yet robust platform for concentrating the sun’s rays directly onto a central area of solar panels that will convert the reflected sunlight into energy. The CST has reflectors that are mounted on the perimeter of a rotating, circular platform that continually adjusts its position to directly face the sun’s rays throughout the day with an innovation to avoid elevated heat levels using a low-cost patent pending method.
The new technology is an important addition to its previously disclosed patent pending solar tracker which can produce 35 percent more solar power for less than ten percent additional cost. A video on the home page of www.massmegawatts.com summarizes the previously disclosed patent pending solar tracker that can pay for itself in less than five years at many locations. 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. The new technology is also 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.
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; general economic conditions; and other risk factors detailed in periodic reports filed by Mass Megawatts Wind Power (MMMW).
$MMMW less than $2 million market cap
$MMMW low float, no toxic debt, great cost cutting solar energy technology
$MMMW very low float with explosive new technology
$MMMW has a lot of room for growth.
Mass Megawatts Plans to Build a 350 kW Solar Project Valued $700,000 Near Holy Cross College With its Newest Technology
WORCESTER, MA, July 26,2023 - Mass Megawatts Wind Power, Inc. (OTC:MMMW) http://www.massmegawatts.com has started the process of developing a 350-kW solar power project using our patent pending Concentrated Solar Power Tracking System (CST) that will set a new standard for low-cost and reliable energy production. The new technology can deliver a significant reduction in the cost of solar energy production. The proposed project is planned to be developed on two warehouses having a total of 500,000 square feet near Holy Cross College in Worcester, Massachusetts. The electricity will be primarily sold to local businesses.
The CST utilizes a low-cost, yet robust platform for concentrating the sun’s rays directly onto a central area of solar panels that will convert the reflected sunlight into energy. The CST has reflectors that are mounted on the perimeter of a rotating, circular platform that continually adjusts its position to directly face the sun’s rays throughout the day with an innovation to avoid elevated heat levels using a low-cost patent pending method.
The new technology is an important addition to its previously disclosed patent pending solar tracker which can produce 35 percent more solar power for less than ten percent additional cost. A video on the home page of www.massmegawatts.com summarizes the previously disclosed patent pending solar tracker that can pay for itself in less than five years at many locations. 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. The new technology is also 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.
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; general economic conditions; and other risk factors detailed in periodic reports filed by Mass Megawatts Wind Power (MMMW).
$MMMW has new cost cutting solar technology and a market cap go less than $2 million.
$MMMW only $1.75 million market cap, no toxic debt, and low float.
Mass Megawatts Plans to Build a 350 kW Solar Project Valued $700,000 Near Holy Cross College With its Newest Technology
WORCESTER, MA, July 26,2023 - Mass Megawatts Wind Power, Inc. (OTC:MMMW) http://www.massmegawatts.com has started the process of developing a 350-kW solar power project using our patent pending Concentrated Solar Power Tracking System (CST) that will set a new standard for low-cost and reliable energy production. The new technology can deliver a significant reduction in the cost of solar energy production. The proposed project is planned to be developed on two warehouses having a total of 500,000 square feet near Holy Cross College in Worcester, Massachusetts. The electricity will be primarily sold to local businesses.
The CST utilizes a low-cost, yet robust platform for concentrating the sun’s rays directly onto a central area of solar panels that will convert the reflected sunlight into energy. The CST has reflectors that are mounted on the perimeter of a rotating, circular platform that continually adjusts its position to directly face the sun’s rays throughout the day with an innovation to avoid elevated heat levels using a low-cost patent pending method.
The new technology is an important addition to its previously disclosed patent pending solar tracker which can produce 35 percent more solar power for less than ten percent additional cost. A video on the home page of www.massmegawatts.com summarizes the previously disclosed patent pending solar tracker that can pay for itself in less than five years at many locations. 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. The new technology is also 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.
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; general economic conditions; and other risk factors detailed in periodic reports filed by Mass Megawatts Wind Power (MMMW).
$MMMW great product and great market.
I agree. No toxic debt is a big plus for $MMMW.
I agree $MMMW has a very low market cap of $2 million.
$MMMW has a low float and could move.
$MMMW is the hottest of hot solar.
yes $MMMW can be profitable .
I have been accumulating here for a bit ! Good Things coming soon !!! MMMW $$$
$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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