Monday, July 25, 2022 8:39:26 AM
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
The global demand for solar tracking is anticipated to grow from the current market size of $2 billion to more than $3 billion by 2025, with demand being fueled by the growing need for clean, renewable energy sources that reduce dependency on foreign energy sources. Mass Megawatts sees an opportunity to be leader in this industry by delivering a reliable, low-cost solution.
With its patent pending, Solar Tracking and Wind Electric Power Generation systems and very little debt, including no convertible notes or toxic debt, Mass Megawatts believes it is well positioned to expand production and meet its revenue generation goals in both the near and long terms.
As of the date of this press release, the outstanding float for Mass Megawatts is under 138 million shares with a market capitalization under $5 million. The company was founded in 1997 and has never been a shell company.
Product information and sales inquiries can be made through the company’s contact page at www.massmegawatts.com and the e-mail address on the Website.
Recent MMMW News
- Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 03:44:27 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/08/2024 12:10:37 PM
- Mass Megawatts Announces Several New Product Lines with Lowest and Competitive Prices as a Source of Generating Revenue in this Fiscal Quarter and to Help Market our Patent Pending Solar Tracker • InvestorsHub NewsWire • 02/22/2024 01:00:00 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 02/12/2024 11:01:42 AM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 02/09/2024 06:02:22 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 01/26/2024 10:03:45 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/26/2024 09:20:13 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/06/2023 05:30:56 PM
- Mass Megawatts Announces LOWEST PRICE GUARANTEE on Solar Project Sales and Further Cost Reductions Using our Patent Pending Technologies • InvestorsHub NewsWire • 11/28/2023 01:00:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 09/08/2023 05:05:04 PM
- Mass Megawatts Announces Improvements Bringing Potential Project Payback Within 3 Years Using the Cost Cutting New Patent Pending Concentrated Solar Power Sterling Engine Technology • InvestorsHub NewsWire • 09/06/2023 11:45:37 AM
- Mass Megawatts Announces Improvement to Increase Power Output of an Additional Twenty Percent to the Recently Announced Innovations. Company Seeking UL 3703 Certification of Solar Trackers for Turbocharging Sales • InvestorsHub NewsWire • 08/23/2023 11:32:40 AM
- Mass Megawatts Generated Five Planned Solar Project Sales During August • InvestorsHub NewsWire • 08/11/2023 11:26:20 AM
- Mass Megawatts Plans to Build a Small Community Solar Project With its Newest Technology • InvestorsHub NewsWire • 08/07/2023 12:55:13 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 07/25/2023 08:21:47 PM
- Form QUALIF - Notice of Qualification [Regulation A] • Edgar (US Regulatory) • 07/24/2023 04:15:07 AM
- Form 1-A POS - • Edgar (US Regulatory) • 07/19/2023 07:13:54 PM
- Form 1-A POS - • Edgar (US Regulatory) • 07/19/2023 05:25:55 PM
- Mass Megawatts Plans to Apply for OTCQB Status • InvestorsHub NewsWire • 07/12/2023 11:30:00 AM
- Form 1-A POS - • Edgar (US Regulatory) • 07/11/2023 08:38:29 PM
- New Solar Technology To Boost Energy Production • AllPennyStocks.com • 06/29/2023 02:30:00 PM
- Mass Megawatts Announces a New Solar-Power Technology that Boosts Energy Production by More Than 170% • InvestorsHub NewsWire • 06/29/2023 11:40:00 AM
- Mass Megawatts Announces Breakthrough for Lowest-Cost Energy Production with More Details on June 29 • InvestorsHub NewsWire • 06/16/2023 11:07:28 AM
- Mass Megawatts Targets Profitable Fiscal Quarter Ending October 31 and Introduces New Tech for Potential Project Paybacks of Less Than Three Years on June 29 • InvestorsHub NewsWire • 06/09/2023 11:50:17 AM
Avant Technologies Engages Wired4Tech to Evaluate the Performance of Next Generation AI Server Technology • AVAI • May 23, 2024 8:00 AM
Branded Legacy, Inc. Unveils Collaboration with Celebrity Tattoo Artist Kat Tat for New Tattoo Aftercare Product • BLEG • May 22, 2024 8:30 AM
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM