Mass Megawatts Commences Solar Energy Sales Efforts Worcester, Massachusetts--(Newsfile Corp. - October 16, 2024) - Mass Megawatts (OTC Pink: MMMW) announces the start of a community solar subscription program and at the same time commencing an effort to sell solar project installations. The community solar program is targeted primarily toward the residential electric market for electric cost savings. Using a different approach, the solar project installations sales effort is mostly targeting businesses. The use of our new products including our patent pending solar tracker and stationary solar energy concentration innovation can be used primarily by warehouses with a large amount of space on flat roofs. The recent technology can reduce the cost of a typical solar installation in half with a project payback time of three to five years at locations with high electric prices including most areas in New England.
Recently, Mass Megawatts announced a few months ago a patent pending new solar photovoltaic concentration innovation that improves output for stationary solar projects without the need of a tracker or any moving parts. The improvement will generate more than 105 percent power output with solar panels for little additional cost using the innovation in comparison to similar solar panels not using the innovation. A major benefit of the innovation is the reduced obstacles to production and customer acceptance. The need to have multiple bearings, new software, tracker motors, and moving platforms reduced the interest in the trackers for potential customers. However, the solar trackers may be a preferred option for customers in high wind locations.
More importantly, both new innovations of solar trackers and stationary solar concentration systems are designed to generate more solar energy near the beginning and end of the daylight hours when electricity is at peak demand. If the utility has a time of use billing method, it can save customers from purchasing more expensive electricity during peak hours. As a result, the electric power users save more money for each kilowatt/hour used.
https://www.newsfilecorp.com/release/226789