Mass Megawatts Announces the Start of an Online Discount Solar
Energy Equipment Business with Revenue Recognized for the First
Time Since Year 2010 in this Fiscal Quarter
WORCESTER, MA -- October 18, 2024 -- InvestorsHub NewsWire
-- Mass
Megawatts (OTC:
MMMW) announces today the recognition of revenue in the fiscal
quarter ending October 30, 2024, with a new online business
starting operations today which is less than two weeks before the
end of the fiscal quarter. The lack of revenue since fiscal year
2010 and only conducting development work on great new solar
technologies in the pre-marketing stage resulted in Mass Megawatts
having a market capitalization of $500,000. To give a better
perspective, Mass Megawatts is less than half of the valuation of a
SEC public shell that has no business. The source of revenue in the
next several fiscal quarters will benefit the operations of the
company ranging from the certification expenses of the patent
pending solar tracker to updating and maintaining compliance of our
reporting obligations as a publicly traded company. Mass Megawatts
will soon be posting details and items for sale on our web
site
www.massmegawatts.com and
the Mass Megawatts Facebook site.
Our products are sourced from top
manufacturers, ensuring that you receive reliable and long-lasting
equipment for your solar energy needs. Lower-cost solar solutions
provide businesses with the freedom to offer more competitively
priced products or services, Mass Megawatts can elevate your
business with our cutting-edge commercial solar equipment and
solutions. We specialize in providing businesses of all sizes with
efficient, sustainable, and cost-effective solar solutions tailored
to meet your unique energy needs. Our commercial-grade solar
panels, inverters, and mounting systems are designed to maximize
energy production and enhance overall
efficiency.
In
recent news related to new product development, Mass Megawatts
recently announced improvements toward cost reductions using the
patent pending cost cutting concentrated solar power technology.
The most important innovation toward reducing the cost of
electricity is related to the unique solar concentration section
that works well with our patent pending solar tracker. We have two
patent pending versions of concentrated solar technology. One is
related to additional output for photovoltaic cells and the other
is related to concentration of heat to operate a new and improved
patent pending Sterling engine to produce electricity.
The
Concentrated Solar Sterling Engine innovation brings the best
substantial cost saving improvements toward delivering solar
generated electricity. The unique cost competitive solar
concentration section using low-cost material generally used by
canvas buildings are placed onto of the solar tracker platform
which works
with
our solar tracker. It helps concentrate the solar rays onto the
heat piston section of the Sterling Engine.
The
low-cost canvas material is already approved by structural
engineers for buildings with the canvas like material having an
expected life of 30 years,
In
addition to the low-cost concentrator, the improved Sterling engine
reduces the mechanical issues related to pistons and its
applications. In the heat displacer and piston, a rectangular
extension with the four walls comprises rollers to avoid the need
for precision and avoid friction when the parts are moving. The
cost reduction related to robust simplicity also reduces long term
maintenance issues related to traditional piston
technology.
Traditional
Sterling engine pistons have a high service cost related to the
harsh conditions the piston rings must endure. There is high
temperature and high sliding velocities which can cause excessive
wear and tear. As a result, short replacement intervals of piston
rings and sometimes cylinders may be needed to maintain high
efficiency. The innovation is a low-cost method to increase the
replacement interval and reduce the service cost. The rectangular
extension supports the piston during its mechanical process
involving high temperatures, high sliding velocities and the
non-lubricated operation related to the pistons. The addition to
the reinforcement rectangular extension method also reduces
unwanted spikes in temperature and friction which causes an
acceleration of piston related wear and tear.
The
several new technologies are important additions and applications
of its patent pending solar tracker. A video on the home page
of
www.massmegawatts.com summarizes
the patent pending solar tracker.
The company's Solar Tracking
System (STS) is a new patent pending product that significantly
reduces the payback period for solar power investments.
It is designed to
automatically adjust the position of solar panels to directly face
the sun as it travels from East to West throughout the day.
Unlike other solar tracking
technologies, the Mass Megawatts Solar Tracker utilizes a low-cost
framework that adds stability to the overall system, while
improving energy production levels.
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 (MMMW), also
known as Mass Megawatts Windpower, 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 (MMMW).
Contact:
info@massmegawatts.com
www.massmegawatts.com