WORCESTER, MA - (ACCESSWIRE - November 14, 2013) - Mass Megawatts Wind Power, Inc. (MMMW) reports that an additional development of a new, dual-tracking technology for the company’s Solar-Power Tracking System (STS) is nearing completion. The dual-tracking technology is projected to provide an additional 10% to 12% boost in solar power production from the recently introduced single tracking unit producing, which produces a 22% to 28% power output. The total energy generation of the STS is expected to out-perform traditional, stationary systems by up to 40%. Commercial production of the dual-tracking, STS is expected to begin over the next three to six months.
The patent pending, Mass Megawatts 'Solar-Power Tracking System' (STS) is a complete solar-power system designed to automatically adjust the position of its solar panels throughout the day to receive an optimal level of direct sunlight. The dual-tracking technology improves the energy generation level further by allowing the STS to continually reposition the panels from both an east-west and north-south, bi-directional perspective. 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 up to 40%.
Starting at 6.25 kW rated units, a Mass Megawatts STS system is appropriate for ground-level, residential and business sites, as well as, commercial, roof-top installations. Mass Megawatts coordinates all aspects of system delivery, including permitting, installation, and working to obtain any available tax incentives. They monitor the performance of each system, and provide a full, performance guarantee.
In other news, Mass Megawatts recently announced that their first, no-money-down, power purchase agreement (PPA) had been reached with a customer in central Massachusetts. With this PPA, the company will deliver an STS, with no upfront, out-of-pocket costs incurred by the customer. 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.
With its patent pending, Solar Tracking System, Wind Electric-Power Generation system, a new retail sales business, only 29 million shares issued and outstanding, and very little debt, Mass Megawatts believes it is well positioned to ramp-up production in the shorter term while expanding its infrastructure to support mass-production goals in the longer term.
This press release contains forward-looking statements that could be affected by risks and uncertainties. Among the factors that could cause actual events to differ materially from those indicated herein are: the failure of Mass Megawatts Wind Power to achieve or maintain necessary zoning approvals with respect to the location of its power developments; the ability to remain competitive; to finance the marketing and sales of its electricity; general economic conditions; and other risk factors detailed in periodic reports filed by Mass Megawatts Wind Power.
Product information and sales inquiries can be made through the company's contact page at http://www.massmegawatts.com/
Mass Megawatts Wind Power, Inc.
SOURCE: Mass Megawatts Wind Power, Inc.