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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Mass Megawatts Wind Power Inc (PK) | USOTC:MMMW | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.16718 | -35.78% | 0.30 | 0.0629 | 0.552 | 0.30 | 0.2421 | 0.2421 | 1,290 | 21:03:02 |
WORCESTER, MA -- September 6, 2023 -- InvestorsHub NewsWire -- Mass Megawatts Wind Power, Inc. (OTC: MMMW) announces progress on the use of our already disclosed solar tracker with concentrated solar power using Sterling Engine Technology. The most important innovation toward reducing the cost of electricity is related to the unique solar concentration section that works well with our already disclosed solar tracker. We have two patent pending versions of concentrated solar technology. One is related to additional output for photovoltaic cells and the other is related to concentration of heat to operate a Sterling engine to produce electricity.
The Concentrated Solar Sterling Engine innovation brings the best substantial cost saving improvements toward delivering solar generated electricity. The unique cost competitive solar concentration section using low-cost material generally used by canvas buildings are placed onto of the solar tracker platform works well with our solar tracker. It helps concentrate the solar rays onto the heat piston section of the Sterling Engine. The low-cost canvas material is already approved by structural engineers for buildings with the canvas like material having an expected life of 30 years,
In addition to the low-cost concentrator, the improved Sterling engine reduces the mechanical issues related to pistons and its applications. In the heat displacer and piston, a rectangular extension with the four walls comprises rollers to avoid the need for precision and 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 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) 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).
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