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.