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Bullboard - Stock Discussion Forum Mass Megawatts Inc MMMW

Mass Megawatts, Inc. is engaged in developing a solar tracker for production to produce sales in the near term and wind energy production equipment for applications in the longer term. The Company has solar tracker prototypes for the purpose of testing and finalizing the design before any commercial or mass production. It is finding locations for operating facilities for its solar project using... see more

OTCPK:MMMW - Post Discussion

Mass Megawatts Inc > Mass Megawatts Announces Procurement, Finance
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Post by AveragePenny on Oct 17, 2022 11:36am

Mass Megawatts Announces Procurement, Finance

BOSTON, Mass., Oct. 17, 2022 (GLOBE NEWSWIRE) -- Mass Megawatts (OTC: MMMW) www.massmegawatts.com announces a partnership with installsolarnow.com for bringing low cost solar projects to 19 states including California, Colorado, Illinois, Maryland, North Carolina, New Mexico and Virginia. The partnership will allow access to the best solar equipment at the best price. Many solar projects in the 19 states will be eligible for 100 percent financing. For customers who require a new roof, we can provide them a process for taking advantage of the favorable tax deduction status of installing a new roof while adding solar equipment. We can streamline the process toward delivering a custom proposal and the best plan for the customer.

In other news, Mass Megawatts recently announced the 20 percent solar power output improvement in addition to the previously announced 37% increased power output with an innovative redesign of its patent pending solar tracker to maximize the albedo or solar reflection effect of receiving electric power output from the backside of solar panels that can accept solar rays from both sides of the solar panel. The cost saving improvement is possible since the patent pending solar tracker has the competitive advantage of using a low-cost method for protection against high wind and hurricane related events. The solar panels attached to the tracker platform would force the face of the panels to turn 90 degrees from the direction of the wind.  The system allows a slip feature during high wind conditions. Once the wind returns to less dangerous levels, the tracker resumes its operations. The “yaw sideways” technique avoids the need for additional material and cost needed to protect against high wind events.

In addition to the increased power output from enhancing the solar panel backside reflection, Mass Megawatts also announced recently that it has enhanced its patent-pending, Solar Tracking technology to improve energy production levels by an additional 7% with the adjustment of the panels based on the sun’s altitude each day.  These adjustments are also expected to improve the power generation level of the solar panels.

Mass Megawatts is developing a patented pending, Mass Megawatts ‘Solar Tracking System’ (STS) which 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 utilizes a proprietary mechanical innovation to limit dynamic and static loading on the tracker, which can occur during periods of high wind and extreme weather. The technology reduces wind-related stresses and system downtime. The STS allows Mass Megawatts to lower the cost of material and reduce the number of solar panels needed to generate the rated capacity. Due to this advantage, Mass Megawatts STS systems can deliver more solar power production at a price similar to lower-capacity, stationary systems.

https://www.globenewswire.com/news-release/2022/10/17/2535370/0/en/Mass-Megawatts-Announces-Procurement-Finance-and-Installation-Partnership-for-Bringing-the-Best-Solar-Project-Value-in-19-States.html

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