Mass Megawatts Wind Power (OTC: MMMW) has reported that it is in its best cash position in years as it works toward achieving new corporate growth objectives. The company anticipates significant progress as it moves forward with the growth of new product manufacturing. Furthermore, commercial sales of its new solar tracker product have created renewed optimism and revenue. Solar trackers reduce the cost of solar-powered electricity, and the solar tracker market is projected to reach more than $3 billion by 2025. Mass Megawatts offers a product that costs less than other available solar trackers, so the company sees an opportunity to strengthen its position in the growing industry. MMMW is planning to produce a limited supply of solar trackers to be sold at cost; the discounted trackers will be offered to purchasers with substantial knowledge of solar power installations who agree to limited publicity related to the project. The company sees the approach as a unique opportunity for businesses looking to receive publicity related to renewable energy technology. MMMW’s patent-pending Solar Tracking System (“STS”) automatically adjusts the position of solar panels to receive an optimal-level of direct sunlight, allowing the company to lower the cost of the system and reduce the number of solar panels needed to generate the rated capacity.
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About Mass Megawatts Wind Power Inc.
Mass Megawatts is a leader in the development of low-cost, clean-energy systems designed to meet the increasing global demand for energy through the use of environmentally- friendly technologies. This includes patent -pending innovations for solar power systems that provide an economical option for commercial and residential users interested in green energy applications. For more information, please visit the company’s website at www.MassMegawatts.com.
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