Technology

Worcester, MA, August 31, 2022 (GLOBE NEWSWIRE) — Mass Megawatts Wind Power, Inc. (OTC: MMMW) www.massmegawatts.com announced that it has enhanced its patent-pending solar tracking technology to improve energy production levels by an additional 7%.

The company’s Solar Tracking System (STS) is designed to automatically adjust the position of the solar panels to face the sun as it moves from east to west throughout the day. Additionally, with the company’s latest design improvements, the tracking system cost-effectively adjusts the panels based on the daily sun elevation. These adjustments greatly improve the power generation level of the solar panel.

This innovation is expected to increase the energy production level of the company’s STS by another 7%, while increasing system costs by less than 2%. This results in a 37% increase in power generation while requiring less than a 12% increase in cost.

In other words, with an additional investment of 12%, STS can achieve 37% more power generation compared to traditional stationary solar panel systems. The STS uses the same number of solar panels as a fixed unit, but produces 37% more energy over the life of the unit. The electricity generated can be used for on-site consumption and/or revenue generation.

Solar tracking systems increase the energy production level of solar panels while reducing the payback period for your solar investment. This technology is particularly suitable for commercial rooftop and ground installations. Additional government incentives, including tax credits, are also boosting the demand for solar power investment.

Unlike other solar tracking technologies, Mass Megawatts Solar Tracker utilizes a low-cost framework that adds stability to the overall system while increasing energy production levels. This advantage allows Mass Megawatts to provide more solar power at a lower cost compared to traditional fixed systems.

Mass Megawatts believes their tracking technology will give them a competitive advantage and will become the standard in the solar industry. The company continues to move forward with plans for commercial facilities across the country.

You can listen to a recent interview with the company’s CEO, Jon Ricker, below. https://youtu.be/3PDeAUwKCkg.

Global demand for solar tracking is expected to grow from the current market size of $2 billion to more than $3 billion by 2025, driving clean, renewable energy that reduces reliance on foreign energy sources. Demand is growing because of the growing need for sources. Mass Megawatts believes it has an opportunity to become a leader in this industry by providing reliable and low cost solutions.

Mass Megawatts will have patent-pending solar tracking and wind power systems and very low debt, not including convertible bonds or toxic debt, to increase production and meet short- and long-term revenue generation goals I believe we are in a good position to

As of the date of this press release, Mass Megawatts has less than 138 million outstanding float shares and a market capitalization of less than $4 million. The company was founded in 1997 and is by no means a paper company.

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

This press release contains forward-looking statements that are subject to risks and uncertainties. Factors that could cause actual events to differ materially from those depicted herein include: Failure of a mass megawatt wind power plant (MMMW), also known as mass megawatt wind power, to achieve or maintain the required zoning approvals for the location of its power. development; the ability to remain competitive; and fund the marketing and sale of electricity. general economic conditions; and other risk factors detailed in periodic reports filed by Mass Megawatts Wind Power (MMMW).

contact:
Mass Megawatts Wind Power Inc.
info@massmegawatts.com
www.massmegawatts.com

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