Mass Megawatts News

Mass Megawatts (OTC:MMMW) Anticipates Early 2021 Form 10 Filing and Aims to Achieve OTCQB Status

WORCESTER, Mass., February 1, 2021 — Mass Megawatts Wind Power, Inc. (OTC:MMMW) hopes to achieve all the qualifications required to be on “ The Venture Market “ of the OTC Markets, also known as the OTCQB. Companies trading on the OTCQB must follow standards to improve transparency. The OTCQB is operated through OTC link, an inter-dealer quotation and trading system developed by OTC Markets Group. In other related news to improve transparency, the company plans to file a Form 10 which is a requirement for being a reporting company pursuant to Section 12(b) or (g) of the Securities Exchange Act of 1934.

In recent news, the company plans to open sales office in Florida during the early months of 2021 in order to take advantage of the fast growing solar market in the state. The sales operation includes the sales of both traditional stationary solar units and solar projects including the patent pending solar tracker.  Initially, the Florida operations would comprise no more than nine employees within a short period of time. The sales effort plans include a sales manager, assistant sales manager, field employees to identify potential sales, and other employees to close the sales. Installations of the solar projects would be done either in house or outsourced on a case by case basis. The use of our patent pending solar tracker would only be used on ground mount or flat roof projects.

  Related to product development, the company announced progress with plans on producing the new solar tracker. The use of solar trackers is known to reduce the cost of solar powered electricity. Although Mass Megawatts in 2021 is aiming to achieving a very small fraction of global demand of this specific solar market segment, the solar tracker market is anticipated to be worth more than $3 billion by 2025 expanding from the current market size of about $2 billion. Mass Megawatts sees an opportunity to be part of the growing solar tracker market with a lower cost product than the trackers marketed by other solar tracker companies in this high growth segment of the solar energy market.  A solar tracker is a method of tracking the sun throughout the day for a photovoltaic (PV) system. In order to increase energy output throughout the day. The market is anticipated to have substantial growth due to the growing need for renewable energy.   

In order to encourage sales of a new technology, Mass Megawatts will produce a limited supply of solar trackers to be sold at the cost to produce the product for a limited amount of small commercial ground mounted solar project.  The discount will be primarily available to purchasers with substantial knowledge of solar power installations. The project owners would have to agree to a limited amount of publicity related to the project. It is a good opportunity for any business seeking to receive publicity related an effort to advance renewable energy technology.  More information is available at www.massmegawatts.com with a contact page available for anyone seeking to get involved.

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 cost.

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 the cost of material 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 66 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 (OTC:MMMW) Plans to Launch Florida Solar Project Sales Office in Early Spring 2021

WORCESTER, Mass., January 15, 2021 — Mass Megawatts Wind Power, Inc. (OTC:MMMW) plans to launch a sales office in Florida during the early months of 2021 in order to take advantage of the fast growing solar market in the state. The sales operation includes the sales of both traditional stationary solar units and solar projects including the patent pending solar tracker.  Initially, the Florida operations would comprise no more than nine employees within a short period of time. The sales effort plans include a sales manager, assistant sales manager, field employees to identify potential sales, and other employees to close the sales. Installations of the solar projects would be done either in house or outsourced on a case by case basis. The use of our patent pending solar tracker would only be used on ground mount or flat roof projects.

Recently, the company announced progress with plans on producing the new solar tracker. The use of solar trackers is known to reduce the cost of solar powered electricity. Although Mass Megawatts in 2021 is aiming to achieving a very small fraction of global demand of this specific solar market segment, the solar tracker market is anticipated to be worth more than $3 billion by 2025 expanding from the current market size of about $2 billion. Mass Megawatts sees an opportunity to be part of the growing solar tracker market with a lower cost product than the trackers marketed by other solar tracker companies in this high growth segment of the solar energy market.  A solar tracker is a method of tracking the sun throughout the day for a photovoltaic (PV) system. In order to increase energy output throughout the day. The market is anticipated to have substantial growth due to the growing need for renewable energy.   

In order to encourage sales of a new technology, Mass Megawatts will produce a limited supply of solar trackers to be sold at the cost to produce the product for a limited amount of small commercial ground mounted solar project.  The discount will be primarily available to purchasers with substantial knowledge of solar power installations. The project owners would have to agree to a limited amount of publicity related to the project. It is a good opportunity for any business seeking to receive publicity related an effort to advance renewable energy technology.  More information is available at www.massmegawatts.com with a contact page available for anyone seeking to get involved.

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 cost.

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 the cost of material 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 66 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 with Best Cash Position in Years Being Critical Toward Producing Initial Patent Pending Solar Tracker Sales

WORCESTER, Mass., December 3, 2020 — Mass Megawatts Wind Power, Inc. (OTC:MMMW) announces progress toward initial new product corporate growth objectives. It can be achieved with additional cash made recently available to the company. The ability to move forward with the growth of new product manufacturing and a few small commercial sales of the new solar tracker product brings a new level of optimism in gaining some traction with our new patent pending solar tracker in 2021.

The use of solar trackers is known to reduce the cost of solar powered electricity. Although Mass Megawatts in 2021 is aiming to achieving a very small fraction of global demand, the solar tracker market is anticipated to be worth more than $3 billion by 2025 expanding from the current market size of about $2 billion. Mass Megawatts sees an opportunity to be part of the growing solar tracker market with a lower cost product than the trackers marketed by other solar tracker companies in this high growth segment of the solar energy market. A solar tracker is a method of tracking the sun throughout the day for a photovoltaic (PV) system. In order to increase energy output throughout the day. The market is anticipated to have substantial growth due to the growing need for renewable energy.

In order to encourage sales of a new technology, Mass Megawatts will produce a limited supply of solar trackers to be sold at the cost to produce the product for a limited amount of small commercial ground mounted solar project. The discount will be primarily available to purchasers with substantial knowledge of solar power installations. The project owners would have to agree to a limited amount of publicity related to the project. It is a good opportunity for any business seeking to receive publicity related an effort to advance renewable energy technology. The locations of the project must be a short driving distance from central Massachusetts. More information is available at www.massmegawatts.com with a contact page available for anyone seeking to get involved.

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 cost.

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 the cost of material 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 66 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 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