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Mass Megawatts NewsMass Megawatts Wind Power, Inc., Reports U.S Army SaleWORCESTER,MA, April 28,2008 /PRNewswire-FirstCall/ Mass Megawatts Wind Power Inc.(OTC Bulletin Board MMGW),www.massmegawatts.com has announced today the sale of a wind power plant to be used by the United States Army. The 50 kilowatt wind power project will be constructed at U.S. Army Intelligence Headquarters located in Fort Huachuca, Arizona. Construction will begin this spring as part of the Army’s ongoing efforts to expand into renewable energy. Future energy needs at the army base could be met with the installation of additional wind power plants that are capable of generating over ten megawatt/hours of electricity per year. There are over 50 army base installations in the United States alone. The wind power plant also known as the Multiaxis Turbosystem (MAT) at Fort Huachuca will be constructed with the newly developed, adjustable augmenter that was recently announced by the company. The new augmenter technology reduces in a major way the cost for heavy and expensive components needed by an augmenter to increase the harnessed wind velocity by up to 70%, translating into an increase of over five times the power output. The recently announced new augmenter reduces the electric generation cost below traditional wind turbine technologies, and is directly competitive with fossil fuel power plants such as coal and natural gas. The MAT structure provides several key advantages over traditional turbine designs. This includes a reduction in capital, operational, and maintenance costs, along with, the ability to operate profitably in lower wind speed locations. In the United States alone, suitable wind power locations currently exist to potentially supply 20 percent of the nation's electricity. The U.S. Army and Fort Huachuca is highly aggressive in their efforts to pursue the use of renewable energy and American energy independence. Both issues are vital to national and world security. The project is being coordinated by Ameresco Select, Incorporated, a leader of green energy, located in Knoxville, Tennessee, and Ameresco Incorporated, a multi billion dollar Framingham, Massachusetts based energy facilitator for the U.S. Army with a contract at Fort Huachuca. Ameresco is a world leader of energy management helping the expansion of green power in this new expanding era of clean energy. In the past five years, the wind industry achieved a growth rate of more than 25 percent for each year. In 2007, more than $9 billion of new wind power plants worldwide were constructed. For more information, the web site is www.massmegawatts.com and the company can be reached at the phone number of (508) 751-5432. This press release contains forward-looking statements that could be affected by risks and uncertainties, including but not limited to Mass Megawatts Wind Power, Inc. ability to produce a cost-effective wind energy conversion device. Among the factors that could cause actual events to differ materially from those indicated herein are: 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, Inc. Mass Megawatts announces NEW Adjustable Augmenter (patent pending) to lower the cost of electric powerWORCESTER, MA., April 21,2008 /PRNewswire-FirstCall/ -- Mass Megawatts Wind Power, Inc. (OTC Bulletin Board: MMGW) www.massmegawatts.com announces the development of a new adjustable augmenter (patent pending) designed to lower the cost of wind power. The new augmenter increases the wind power plant cost by only 30 percent, while generating five times the revenue. The augmenter utilizes a canvas panel system that funnels, and accelerates, wind into the company's Multi-Axis Turbosystem (MAT). The augmenter is expected to increase harnessed wind velocity by 70%, translating into an increase of over five times the power output at each MAT power plant. With this new innovation, Mass Megawatts has created an augmenter system to capture, and funnel, the wind into its MAT units to dramatically increase the power output without a proportional increase in structural size and cost. The company plans to begin implementation over the next few months. This is a major development bringing the kilowatt/hour cost down significantly. The augmenter system is a canvas panel system with integral dump panels and top panel lift systems to minimize damage during wind gusts. Further, Mass Megawatts has developed side wall dump panels and top panel lift systems to minimize the pressure spikes in the augmenter during extreme wind events. These side dump panels will swing open when sufficient pressure differences exist between the inside and outside of the augmenter. The top panel lift system provides a bracket that allows the suspension cable to lift above the next panel to vent air velocity to the outside of the augmenter. The side dump panels and top panel lift system allow the system to be built with lighter components, reducing the cost of the augmenter system. The panels and lift system also reduce the potential damage to the canvas panels, suspension cables, and poles during extreme wind events, decreasing maintenance costs during the life time of the MAT wind power plant and augmenter system. Every site has extreme wind events during some point of the annual weather cycle. These wind events provide an opportunity for the MAT wind power plant design to produce the maximum amount of power that the traditional, horizontal axis generators cannot harness, including damage to traditional augmenter systems. In the past few years, Mass Megawatts has developed a wind generation system for reducing the cost of wind power. The Multi-Axis Turbine (MAT) is designed to operate in turbulent wind conditions where the more prevalent horizontal axis wind turbine is unable to be utilized. For more information, the web site is www.massmegawatts.com and the company can be reached at the phone number of (508) 751-5432. This press release contains forward-looking statements that could be affected by risks and uncertainties, including but not limited to Mass Megawatts Wind Power, Inc. ability to produce a cost-effective wind energy conversion device. Among the factors that could cause actual events to differ materially from those indicated herein are: the failure of Mass Megawatts Wind Power, Inc. to achieve or maintain necessary zoning approvals with respect to the location of its MAT 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, Inc. Contact: Jon Ricker (508) 751-5432 www.massmegawatts.com Mass Megawatts Wind Power, Inc. (OTC Bulletin Board: MMGW) reports revenue for the first time ever.WORCESTER, MA., September 19,2007 /PRNewswire-FirstCall/ -- Mass Megawatts Wind Power, Inc. (OTC Bulletin Board: MMGW) www.massmegawatts.com reports revenue for the first time and a net loss of one cent per share. There was a $58,353 loss in the first fiscal quarter or three month period ended July 31, 2007. In the first quarter of the previous year, there was a net loss of two cents per share or $71,248. Mass Megawatts has only 4,282,446 shares issued and outstanding with very little debt. Mass Megawatts uses several patented innovations to reduce the cost of producing wind power. As a result, Mass Megawatts can be directly competitive with the fossil fuels like oil and natural gas at good wind locations. In the past five years, the wind industry achieved a growth rate of more than 25 percent for each year. In 2006, more than $9 billion of new wind power plants worldwide were constructed. For more information, the web site is www.massmegawatts.com and the company can be reached at the phone number of (508) 751-5432. This press release contains forward-looking statements that could be affected by risks and uncertainties, including but not limited to Mass Megawatts Wind Power, Inc. ability to produce a cost-effective wind energy conversion device. Among the factors that could cause actual events to differ materially from those indicated herein are: the failure of Mass Megawatts Wind Power, Inc. to achieve or maintain necessary zoning approvals with respect to the location of its MAT 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, Inc. Contact: Jon Ricker (508) 751-5432 www.massmegawatts.com Mass Megawatts Wind Power, Inc. (OTC Bulletin Board: MMGW) introduces wind power plant cost reductionsWORCESTER, Mass., April 9,2007 -- Mass Megawatts Wind Power Inc. (OTC Bulletin Board: MMGW) www.massmegawatts.com today announced a 23 percent cost reduction of its wind power plants as a result of improved design modifications. The Company will immediately use the improvements with its current and future sales contracts. Mass Megawatts can use most of the cost reductions to realize higher profits than previous expectations without sacrificing demand for it wind power plants. The improvements will allow Mass Megawatts to compete more effectively with fossil fuel energy sources like oil and natural gas in high wind areas. Additionally, engineering design modifications using augmenters and diffuser can be used more effectively with the improvements. The use of air flow acceleration techniques and wind augmentation is normally not cost effective for the more common horizontal axis wind power systems due to the long term wear of turbulence related to diffuser airflow. Additionally, horizontal wind systems are subject to a decrease in efficiency with the turbulence related to the diffuser technology. This press release contains forward-looking statements that could be affected by risks and uncertainties, including but not limited to Mass Megawatts Wind Power, Inc. ability to commercialize a wind energy conversion device. Among the factors that could cause actual events to differ materially from those indicated herein are: the failure of Mass Megawatts Wind Power, Inc. to achieve or maintain necessary zoning approvals with respect to the location of its MAT power developments; general economic conditions; and other risk factors detailed in periodic reports filed by Mass Megawatts Wind Power, Inc.
Briefing | News | Summary | Financial | Product | Strategy MASS MEGAWATTS WIND POWER, INC.
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