Dec. 3, 2012
/PRNewswire/ -- Mass Megawatts Wind Power, Inc. (OTC: MMMW) today announces the availability of affordable, green energy as a product line for consumers in the Northeast region of the United States. The company offers electric power at competitive rates to commercial and residential electricity users in several states, including
Mass Megawatts plans to leverage their knowledge of the wind power industry in their offering of competitive green power to electrical users across the Northeast. The expansion into the retail electrical market is a logical, strategic progression that diversifies their business model while improving future earnings potential.
In other recent news, Mass Megawatts recently completed a wind augmentation system in
that utilizes a less complicated and inexpensive wind-focusing technique to increase the wind velocity directed at the turbine by an average of 70%. This accelerated wind speed, in turn, results in a significant, three-fold increase in the electrical power generated by the turbine.
Using horizontal or propeller type turbine blades, the cost per rated kilowatt is projected to be less than
and anticipated to approach
in mass production. This compares very favorably with traditional wind power systems that realize a cost of
$1500 to $2000
per rated kilowatt.
With its patented, wind augmentation system, a new retail sales business, and very little debt, Mass Megawatts believes it is well positioned to ramp-up production of its new augmentation units in the shorter term while expanding its infrastructure to support mass-production goals in the longer term.