WORCESTER, Mass., June 06, 2023 (GLOBE NEWSWIRE) — Mass Megawatts Wind Energy, Inc. (OTC: MMMW) www.massmegawatts.com is set to disclose new technologies with an anticipated substantially higher effect on the renewable power sector than the previously disclosed Mass Megawatts solar tracking program. In mixture with its solar tracker, new patent pending Stirling engine, and new patent pending solar concentration approaches, Mass Megawatts believes that the time is proper to accelerate the renewable power revolution that is finding stronger each and every day.
The new technologies will be the company’s most essential application of its previously disclosed patent pending solar tracker which can make 35 % a lot more solar energy for significantly less than ten % more expense. A video on the residence web page of www.massmegawatts.com summarizes the previously disclosed patent pending solar tracker.
The company’s Solar Tracking Program (STS) in itself is a new patent pending item that drastically reduces the payback period for solar energy investments. The projects utilizing only the previously disclosed solar tracker can spend for itself in significantly less than 5 years at numerous areas. It is made to automatically adjust the position of solar panels to straight face the sun as it travels from East to West all through the day. In contrast to other solar tracking technologies, the Mass Megawatts Solar Tracker utilizes a low-expense framework that adds stability to the general program, though enhancing power production levels.
Mass Megawatts has significantly less than 155 million shares issued and outstanding with a industry capitalization below $two million. Only about 80 million shares are in the totally free trading float. The Business has really tiny debt and no toxic debt.
This press release consists of forward-hunting statements that could be impacted by dangers and uncertainties. Amongst the components that could result in actual events to differ materially from these indicated herein are: the failure of Mass Megawatts Wind Energy (MMMW), also identified as Mass Megawatts Windpower, to obtain or preserve essential zoning approvals with respect to the place of its energy developments the capability to stay competitive to finance the advertising and sales of its electrical energy basic financial situations and other threat components detailed in periodic reports filed by Mass Megawatts Wind Energy (MMMW).
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