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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 | |
---|---|---|---|---|---|---|---|---|---|---|
-0.00004 | -0.81% | 0.0049 | 0.0045 | 0.005 | 0.00495 | 0.0049 | 0.00495 | 15,002 | 17:53:32 |
Mass Megawatts to Unleash the Frankenstein Solar Power Monster, Designed to Slash the Cost of Solar Energy Over 20 Percent on October 27
WORCESTER, Mass. - October 03, 2014 - InvestorsHub NewsWire - Mass Megawatts Wind Power, Inc. (OTCQB: MMMW) reports it will introduce to the world the Frankenstein Solar Power Monster, a new solar power tracking system on October 27. Mass Megawatts has significantly reduced the cost of solar energy with its patent-pending, Solar Power Tracking System (STS) through the use of an advanced design with fewer electrical components and moving parts. With near-zero dynamic and static load requirements, the solar-tracker avoids most of the torque requiring costly components. It reduces the need for large drivetrains and motors that traditional systems utilize.
The STS provides an efficient way to maximize the generation of solar power and gives Mass Megawatts a distinct cost advantage in the solar power industry. Product and sales inquiries have continued to indicate strong demand for the STS, and commercial production is anticipated to being in the next few months.
The Mass Megawatts STS is a complete solar-power system designed to automatically adjust the position of its 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 improving energy production levels up to 28%.
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. 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.
With its patent pending, Solar Tracking System, Wind Electric-Power Generation system, a new retail sales business, only approximately 50 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.
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
Product information and sales inquiries can be made through the company's contact page at
www.massmegawatts.com
Contact Information:
Mass Megawatts Wind Power, Inc.
(508) 751-5432
www.massmegawatts.com
1 Year Mass Megawatts Wind Power (PK) Chart |
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