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Mass Megawatts Completes Development of Advanced Solar Tracking System to Meet Multi-Unit Sales
ACCESSWIRE - Mon Jun 29, 5:00AM CDT
WORCESTER, MA / ACCESSWIRE / June 29, 2015 / Mass Megawatts Wind Power, Inc. (PINKSHEETS:MMMW) today announced that they have completed development of their advanced, Solar-Power Tracking System (STS), which is scheduled for customer delivery. The design of the first completed unit, of a multi-unit sale, has been upgraded to protect against extreme weather, including winds up to 90 mph, and to streamline manufacturing processes. The advanced structural design will minimize the need for repairs and maintenance, and comes with a full performance guarantee over the first 10 years of operation. The company is working to fill current sales orders while expanding infrastructure to meet demand in the second half of the year and into 2016.
Mass Megawatts Wind Power, Inc. Partners with Crowdfunding Investors in Developing Two Community Solar Projects
ACCESSWIRE - Fri May 15, 7:52AM CDT
WORCESTER, MA / ACCESSWIRE / May 15, 2015 / Mass Megawatts Wind Power, Inc. (OTCQB: MMMW) today announced that the company is developing two community solar projects in Massachusetts with independent investments group 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.
Mass Megawatts Targets Profitable Fiscal Year Ending April 2016, and Seeks Certification of " No Death Spiral Finance" Status
ACCESSWIRE - Fri Apr 17, 7:38AM CDT
WORCESTER, MA / ACCESSWIRE / April 17, 2015 / Mass Megawatts Wind Power, Inc. (OTC: MMMW) announced a goal today to be profitable in the next fiscal year with sales of its new patent pending 'Solar Tracking System' (STS). The Company recently announced a goal of a small profit for the fiscal quarter ending July 31, 2015. The new product 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 Mass Megawatts STS utilizes a low-cost structure that adds stability to the overall system while improving energy production levels.
Mass Megawatts (MMMW) Targets Goal of a Small Profit for First Fiscal Quarter
ACCESSWIRE - Tue Apr 07, 6:16PM CDT
WORCESTER, MA / ACCESSWIRE / April 7, 2015 / Mass Megawatts Wind Power, Inc. (PINKSHEETS:MMMW) today aims to be profitable in the Fiscal Quarter Ending July 31, 2015 with initial sales of its new patent pending 'Solar Tracking System' (STS). The new product 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 Mass Megawatts STS utilizes a low-cost structure that adds stability to the overall system while improving energy production levels.
Mass Megawatts Announces Production Improvements with Goal of Meeting Customer Demand
ACCESSWIRE - Thu Mar 19, 7:19AM CDT
WORCESTER, MA / ACCESSWIRE / March 19, 2015 / Mass Megawatts Wind Power, Inc. (OTCQB:MMMW) today announces production modifications of its solar tracking system using more standard and readily available components. The company's primary goal is meeting customer demand of existing and potential sales in 2015. The patent pending, Mass Megawatts 'Solar Tracking System' (STS) is designed to increase solar energy production by approximately 25% for less than an estimated 7% additional cost than a standard stationary configuration. The new product automatically adjusts the position of solar panels to receive an optimal level of direct sunlight throughout the day. 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.
Mass Megawatts Wind Power, Inc. Launches Sales Effort for Projects with its Low-Cost, Solar Tracking System
ACCESSWIRE - Thu Feb 19, 7:16AM CST
WORCESTER, MA / ACCESSWIRE / February 19, 2015 / 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.
Mass Megawatts to Use Contractor Method of Finance for Solar Development and Continues to Reject Numerous Death Spiral Financing Offers
ACCESSWIRE - Fri Jan 23, 6:56AM CST
WORCESTER, MA / ACCESSWIRE / January 23, 2015 / Mass Megawatts Wind Power, Inc. (OTCQB: MMMW) is committed to finance future expansion with the sale of solar projects and commercial units using the conventional, contractor-method of financing and other non-toxic forms of project finance. Mass Megawatts strategic plans are prioritized toward long-term shareholder growth through the execution of a business model that gains market share, increase revenues and earnings, and avoids stock dilution. An example of this type of project financing structure would require one-third payment up-front, one-third payment halfway through construction, and one-third payment at the completion of the project. Other forms of financing may include a limited version of a real estate trust whereas the solar project would be treated in a manner similar to real estate.
Mass Megawatts Announces Non-Dilutive Spinoff
ACCESSWIRE - Fri Jan 02, 7:17AM CST
WORCESTER, MA / ACCESSWIRE / January 2, 2015 / Mass Megawatts Wind Power Inc.,(OTCQB: MMMW) announces the spinoff of shares into a private investment company with the goal of being a public entity for the specific purpose of allowing new investment project owners the maximum benefit from the new solar tracker technology. At the same time, Mass Megawatts will be able to to produce and market the patent pending solar tracker. The spinoff will be non-dilutive to Mass Megawatts, and is targeted for stock issuance to Mass Megawatts shareholders of record in the Spring of 2015.
Mass Megawatts Announces First Sale of New Solar Tracker System
ACCESSWIRE - Tue Dec 09, 7:34AM CST
Worcester, MA / ACCESSWIRE / December 9, 2014 / Mass Megawatts Wind Power, Inc. (OTC: MMMW) today announced the first 6.25 kW solar energy system sale with a recently introduced Frankenstein solar tracking infrastructure. The company received numerous inquiries and anticipate more sales as larger units beyond this small first sale are constructed. We anticipate the completion of the project to be sometime this winter.
Mass Megawatts Wind Power, Inc. Now Accepting Community Solar Applications
ACCESSWIRE - Fri Nov 21, 6:03AM CST
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Mass Megawatts Releases the Frankenstein Solar Tracker to Slash Solar Cost 20%; Plans to Cap Shares at 67 Million
ACCESSWIRE - Mon Oct 27, 5:02AM CDT
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Mass Megawatts' Improved Cash Flow to Accelerate Production of Frankenstein Solar Power Monsters
ACCESSWIRE - Mon Oct 13, 5:01AM CDT
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