Mass Megawatts Makes Progress Toward Several Solar Project WORCESTER, Mass., Dec. 28, 2022 (GLOBE NEWSWIRE) -- Mass Megawatts (OTC: MMMW) www.massmegawatts.com announced that the Company is confident toward completing solar project sales in early 2023. The initial projects are located in central Massachusetts targeting towns and cities like Worcester and Westborough where the solar projects can pay for itself in 6.5 years for smaller projects. The larger projects for small businesses can pay for itself in 4 years when bonus depreciation benefits are factored into the payback. Although, the projects are much smaller than the plan that Elon Musk twittered earlier today to supply Europe with solar by using a small area of Spain, Elon Musk’s great idea for low cost solar energy powering Europe illustrates the very large potential for high growth solar power opportunities over the next thirty years.
Earlier in December, Mass Megawatts announced the opening of a sales office in a fast growing and high-tech location near central Massachusetts. The Office located at 11 Apex Drive, Suite 300A, Marlborough, MA is near Route 495 and minutes away from the Mass Pike. Mass Megawatts is expanding its reach to potential customers with recent developments like the opening of the sales office and recent improvements to bring more efficiency toward acquiring customers and installing projects.
Mass Megawatts can help customers achieve a quick payback with its solar projects using the new patent pending solar tracker. The projects can pay for itself in three to five years at many locations in states like Massachusetts, New York and Connecticut. Most of the components of both the solar tracker and the non-solar tracker equipment have twenty-year manufacture guarantees from large reputable suppliers. The most expensive items like the solar panels, inverters, and tracker motors are supported by the large suppliers.
To help complete the new solar power projects, Mass Megawatts recently developed a partnership for installing and financing low-cost solar projects in 19 states. Many solar projects will be eligible for 100 percent financing. Under the new program, we can also streamline the process toward delivering custom proposals and the best plan for the customer.
https://www.globenewswire.com/news-release/2022/12/28/2580146/0/en/Mass-Megawatts-Makes-Progress-Toward-Several-Solar-Project-Sales-in-Central-Massachusetts.html