[b]MMMW >>Establishes Manufacturing Processes for Large-Scale Production of Solar Tracking System
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WORCESTER, MA, November 5, 2013 /Accesswire/ - Mass Megawatts Wind Power, Inc. (MMMW) reports the development of manufacturing processes to support large-scale production of the company’s Solar Tracking System (STS). Working many hours and with experienced individuals in the manufacturing community, these new processes will reduce costs, streamline assembly, and improve quality control efforts. Initial production efforts are based in Worcester, Massachusetts, with additional manufacturing sites being evaluated.
The patent pending, Mass Megawatts 'Solar-Power Tracking System' (STS) is a complete solar-power system 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 improving energy production levels by 22 to 28 percent.
In other news, Mass Megawatts recently announced that their first, no-money-down, power purchase agreement (PPA) had been reached for delivery to a customer in central Massachusetts. With this PPA, the company will deliver an STS, with no upfront, out-of-pocket costs incurred by the customer. 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.
Starting at 6.25 kW rated units, a Mass Megawatts STS system is appropriate for ground-level, residential and business sites, as well as, commercial, roof-top installations. 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, a new retail sales business, only approximately 30 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 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 conditions.
Product information and sales inquiries can be made through the company's contact page at http://www.massmegawatts.com/
Contact Information:
Mass Megawatts Wind Power, Inc.
(508) 751-5432
