Mass Megawatts News

Mass Megawatts Wind Power, Inc. Announces Improvement with its Low-Cost, Solar Tracking System

WORCESTER, Mass., October 24, 2019 — Mass Megawatts Wind Power, Inc. (OTC: MMMW) today announced an improved solar tracking technology with additional non tracking related power output improvement innovations designed to increase solar energy production by more than 60%.  It is an improvement of the previous design of the 30% increase of energy production compared to similar kilowatt rated stationary units.  Although, the higher additional cost for the new system is 15% greater than stationary units, the higher power output improves the rate of return with electric cost savings. The patent pending, ‘Solar Tracking System’ (STS) with  technology  developed by Mass Megawatts and its partners 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 Solar Tracking System (STS) utilizes a low-cost structure that adds stability to the overall system while improving energy production levels.

The STS is an innovative structural design that is simple, robust, and low-cost.  The solar panels are automatically repositioned throughout the day as the sun’s position travels from east to west with dual tracking capability.  This 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 more than 60% as compared to stationary configurations.   Although, the 15% additional cost for the new version with 60% increase in power output is higher than the 10% additional cost of the older version of 30% additional output, the solar project payback period of the improvement is quicker.

In another advantage, the competitive impact of rapidly declining solar panel cost and inverters cost reductions as technology improves is limited with the solar tracking system since the additional output would be realized on the any solar units. Photovoltaic panel or inverter technological advancement would not have an impact.

Mass Megawatts plans to educate potential solar tracker sales prospects and installers with demonstration events at several cities in the next few months.

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  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.

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. Additionally, Mass Megawatts Wind Power stock quote and Mass Megawatts stock price may be impacted by global condition. Mass Megawatts Wind Power Inc. expected and anticipated positive and negative impact on the Mass Megawatts stock price and the MMMW stock quote.

Product information and sales inquiries can be made through the company’s contact page at www.massmegawatts.com

Mass Megawatts Receives Boost with New Opportunity Zone Rules

WORCESTER, Mass., August 6, 2019 — Mass Megawatts Wind Power Inc. (OTC:MMMW)  hopes to accelerate the development and sales of stationary solar power units and the more cost competitive new patent pending solar trackers with the newly enacted  opportunity zone rules related to clean energy. Renewable energy investors related to our products may soon be taking advantage of new opportunity zone incentives.

The proposed and newly enacted rules outlined how the new tax incentives could work for capital-heavy industries like clean energy. The new rules provide some certainty that certain tax benefits including accelerated depreciation. That could encourage new interest in using the incentives for renewable projects. The tax incentives reward investors who place their profits from stock and other assets in designated census tracts.

Under tax code, investors can defer capital gains tax on the profits they invest in state designated opportunity zones for eight years with some of it forgiven if they hold onto the investments for at least five years. If they hold onto the investment for a decade, its appreciation is tax-free. The incentives are subject to geographical limits of designated residential low income areas on solar project locations.

Renewables investors were worried that they would get hit with income taxes on their accelerated depreciation tax benefits upon selling their opportunity zone fund stakes after 10 years.  The proposed regulations stipulate that the shareholder’s gains are erased for tax purposes.

Mass Megawatts is finalizing efforts to bring a new Solar Tracking technology with more electric cost savings for its customers in comparison to its stationary units. The patented pending, Mass Megawatts ‘Solar Tracking System’ (STS) is designed to improve solar-energy production while and at the same time reduce material and installation costs. The solar trackers units would cost less than 10 percent more on a given solar project while producing 25 percent more electricity.

The patented pending, Mass Megawatts ‘Solar Tracking System’ (STS) is designed to automatically adjust the position of 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 also improving energy production levels. The STS also uses a proprietary mechanical innovation to limit dynamic and static loading on the tracker, which can occur during periods of high wind and extreme weather, in order to reduce wind-related stresses and system downtime. 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.

With its patent pending, Solar Tracking System and Wind Electric Power Generation system, only approximately 65 million shares issued and outstanding, and very little debt, 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 and the e-mail address on the web site.

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

 

 

Mass Megawatts MMMW Announces New Solar Product

WORCESTER, Mass., May 10, 2018— Mass Megawatts Wind Power, Inc. (OTC: MMMW) today announced that the company has an additional new transportable solar product available for targeted customers in disaster recovery applications and industries requiring assets to move frequently.  It is a good additional product line to the conventional electric cost saving solar trackers and stationary solar power units currently available to potential customers. Mass Megawatts is finalizing efforts to bring to market with its business partners an improved solar tracking technology with further savings in comparison to its stationary units and the currently available solar trackers in the expanding solar power market.

The patent pending, ‘Solar Tracking System’ (STS) with additional technology from other companies and individuals is designed to automatically adjust the position of solar panels throughout the day to receive an optimal-level of direct sunlight. Unlike other solar tracking technologies, the technological improvements utilizes a low-cost structure that adds stability to the overall system while also improving energy production levels. The STS also uses a proprietary mechanical innovation to limit dynamic and static loading on the tracker, which can occur during periods of high wind and extreme weather, in order to reduce wind-related stresses and system downtime. The STS is designed to lower material costs and reduce the number of solar panels needed to generate the rated capacity. Due to this advantage, the improved solar tracker can deliver more solar power production at the same cost of lower-capacity, stationary systems.

In recent related activity to make a product ready for manufacturing led by CEO Jonathan Ricker, certain items of the new technology have to be reviewed and tested in order to bring assurances that the improved solar tracker is ready for market.

Before Mass Megawatts and potential territorial license agreements partners enter a contract and finance any project with Underwriters Labs, an understanding of the product to be tested must be clear. Mass Megawatts and its partners have to decide if the single tracker is the fastest route to bringing revenue or will the more time consuming and more profitable dual axis tracker be the preferred product. Then, will the Mass Megawatts product be part of the existing product of the license partner technology. The most likely partners have used solar products and would like to increase their potential rate of return with our tracker or in combination with other solar technology including other solar tracker concepts.

UL 3703 cover trackers that are not attached to buildings in accordance to National Electrical code NFPA 70. Requirements include public access restricted by a fence and secured location and be evaluated given to any mechanical and moving parts requirement and evaluation with mechanical hazard requirements related to UL 3703. Requirements also cover ballast mounted versions of the tracker which by design are not required to be mechanically secured. Our product can be ballast mounted unlike most other solar trackers in the industry.

The requirements cover the attachment means of the solar products and not the solar devices themselves including those that are already certified under other certifications including UL 2703 and UL 1703 which are older certifications  including standards for mounting systems, clamping and ground lugs. Any tracker needs to be compatible with other solar products used with the tracker including safety, specific mounting , bonding, and grounding.

The requirements may not require wind load conditions. However, wind test data would help potential customers understand our product addressing those conditions which is a well known concern related to solar trackers in the industry.

In other news, Mass Megawatts plans to file a Form 10 in order to help improve transparency of its future revenues and its low debt, no toxic debt, and low number of outstanding shares. Mass Megawatts remains to be a development stage company with only approximately 60 million shares issued and outstanding, and less than $300.000 in debt,

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 web site.

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

(508) 942-3531

Mass Megawatts Wind Power, Inc. Lowest Cost Stationary Solar Unit are Now Available

WORCESTER, Mass., March 2, 2016 — Mass Megawatts Wind Power, Inc. (OTC: MMMW) today announced that the company has stationary solar power units available to customers while Mass Megawatts is finalizing efforts to bring a new high profit margin Solar Tracking technology with further savings in comparison to its stationary units for its customers to the $12 billion, US solar power market. The patented pending, Mass Megawatts ‘Solar Tracking System’ (STS) is designed to improve solar-energy production levels by more than 25% over stationary, solar systems, while also reducing material and installation costs. The company’s stationary units are at the lowest cost in comparison to other stationary units now available.

The patented pending, Mass Megawatts ‘Solar Tracking System’ (STS) is designed to automatically adjust the position of 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 also improving energy production levels. The STS also uses a proprietary mechanical innovation to limit dynamic and static loading on the tracker, which can occur during periods of high wind and extreme weather, in order to reduce wind-related stresses and system downtime. 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.

In other news, Mass Megawatts decided to remain a SEC reporting company and present current information of its 2015 and 2016 financial during 2016 to help reflect its future revenues and its low debt (no toxic debt) and low number of outstanding shares.

With its patent pending, Solar Tracking System, Wind Electric Power Generation system, only approximately 60 million shares issued and outstanding, and very little debt, Mass Megawatts believes it is well positioned to ramp-up production in the next year or two while expanding its infrastructure to support mass-production goals in the longer term.

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 web site.

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

Mass Megawatts Wind Power, Inc. Partners with Crowdfunding Investors in Developing Two Community Solar Projects

WORCESTER, Mass., May 15 ,2015 /Accesswire/ — Mass Megawatts Wind Power, Inc. (OTCQB:MMMW) today announced that the company is developing two community solar projects in Massachusetts with independent investment groups raising 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.

Recently, 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.

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, 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.

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. Additionally, Mass Megawatts Wind Power stock quote and Mass Megawatts stock price may be impacted by global condition. Mass Megawatts Wind Power Inc. expected and anticipated positive and negative impact on the Mass Megawatts stock price and the MMMW stock quote.

Community Solar information and sales inquiries can be made through the contact page at www.massmegawatts.com  , the company’s website.

 

Mass Megawatts Wind Power, Inc. Launches Sales Effort for Projects with its Low-Cost, Solar Tracking System

WORCESTER, Mass., February 19, 2015 /Accesswire/ – Mass Megawatts Wind Power, Inc. (OTCQB: MMMW) announces the launch of a sales program with company financing available for potential customers in states with the best government incentives. In qualified projects, the company will be able to deliver their innovative ‘Solar-Power Tracking System’ (STS), with a low initial upfront, out-of-pocket costs incurred by the customer after the purchaser utilizing the 30% federal tax credit and other incentives. This type of arrangement gives most home and business owners the financial means to quickly acquire an STS and realize immediate savings on their energy bill. .  In many locations, this improved output translates into a 30% or 40% rate of return for the customer with investment payback occurring in the 4th year.

The patent pending, Mass Megawatts ‘Solar-Power Tracking System’ (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 by 25+%.

In other news, the company is developing the manufacturing processes to support large-scale production of the company’s Solar Tracking System (STS).  Working with senior members of the alternative energy and manufacturing community, these new processes will reduce costs, streamline assembly, and improve quality control efforts.

Mass Megawatts reports strong demand, both domestically and abroad, from residential and business, energy-consumers. To accelerate market penetration, the company plans to leverage recently developed, strategic-partnerships with established solar-power companies in the Northeastern United States.

With its patent pending, Solar Tracking System 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.

As part of the aggressive sales campaign, potential customers can reach Jon Ricker, the company’s Chief Executive Officer at (508) 942-3531.

 

Product information and sales inquiries can also be made through the company’s contact page at www.massmegawatts.com

Contact Information:

Mass Megawatts Wind Power, Inc.
info@massmegawatts.com
www.massmegawatts.com