WORCESTER, Mass., May 14, 2021 — McapMediaDây — Mass Megawatts Wind Power, Inc. (OTC Pink: MMMW) announces that the Company has enough cash available to achieve its initial new product goals and other corporate growth objectives. In the past year and especially the past few months, more cash was made recently available to the company. The ability to move forward with our goals including the introduction of the new solar tracker to the marketplace brings a new level of optimism. Additionally, the Company will use some of the new funds to be an SEC reporting company and maintain the expenses to remain as a reporting company.
Our primary product is a low-cost solar tracker for improving the power output of solar projects. In recent years, many solar projects use solar trackers to reduce the cost of solar-powered electricity. Although Mass Megawatts in 2021 and 2022 is aiming to achieve a very small fraction of global demand, the solar tracker market is anticipated to be worth more than $3 billion by 2025 expanding from the current market size of about $2 billion. Mass Megawatts sees an opportunity to be part of the growing solar tracker market with a more cost-effective and competitive product than the trackers marketed by other solar tracker companies in this high growth segment of the solar energy market. A solar tracker is a method of tracking the sun throughout the day for a photovoltaic (PV) system. In order to increase energy output throughout the day. The market is anticipated to have substantial growth due to the growing need for renewable energy.
Mass Megawatts can achieve more electric cost savings for its customers in comparison to its stationary units by increasing the power output by more than 30 percent with only an additional cost of ten percent in compared to stationary units without trackers. The patent pending, Mass Megawatts ‘Solar Tracking System’ (STS) is designed to improve solar-energy production while and at the same time reduce material and installation cost.
The patented pending, Mass Megawatts ‘Solar Tracking System’ (STS) 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 also uses a proprietary mechanical innovation to limit dynamic and static loading on the tracker, which can occur during periods of high wind and extreme weather, in order to reduce 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 can deliver more solar power production at a price similar to lower-capacity, stationary systems.
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Thông cáo báo chí này chứa các tuyên bố hướng tới tương lai có thể bị ảnh hưởng bởi rủi ro và sự không chắc chắn. Trong số các yếu tố có thể khiến các sự kiện thực tế khác biệt đáng kể so với những sự kiện được nêu ở đây là: sự thất bại của Nhà máy điện gió Mass Megawatts, còn được gọi là Năng lượng gió Mass Megawatts, để đạt được hoặc duy trì các phê duyệt phân vùng cần thiết liên quan đến vị trí phát triển năng lượng của nó; khả năng duy trì tính cạnh tranh; để tài trợ cho việc tiếp thị và bán điện của mình; điều kiện kinh tế chung; và các yếu tố rủi ro khác được trình bày chi tiết trong các báo cáo định kỳ của Mass Megawatts Wind Power.
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Source: https://otcprwire.com/mass-megawatts-mmmw-achieved-its-best-cash-position-since-2010-and-debt-reduced-to-39000-from-578000/
