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Mass Megawatts Wind Power, Inc. Announces Changing the Name of the Company to Mass Megawatts, Inc.

Mass Megawatts Wind Power, Inc. Announces Changing the Name of the Company to Mass Megawatts, Inc.

Mass Megawatts Wind Power, Inc. 宣布将公司名称更改为 Mass Megawatts, Inc.
GlobeNewswire ·  2023/06/26 07:40

WORCESTER, Mass., June 26, 2023 (GLOBE NEWSWIRE) -- Mass Megawatts Wind Power, Inc. (OTC:MMMW) today announces that the Company has nearly completed the process of changing the name of the Company from Mass Megawatts Wind Power, Inc. to Mass Megawatts, Inc. The Company will announce the date of the name change as soon as the Company completes the regulatory process. The CUSIP number and stock ticker symbol will remain the same. Since most of our business has been involved with solar energy related activity since 2014, we believe that changing our name from Mass Megawatts Wind Power, Inc. to Mass Megawatts, Inc. is a reasonable action to reflect the business of the Company more accurately in recent years. At the same time, the Company will continue with wind power activities while most of our business will be primarily with solar power.

马萨诸塞州伍斯特,2023年6月26日(环球网)--兆瓦级风力发电公司(场外交易代码:MMMW)今天宣布,公司即将完成将公司名称从兆瓦级风力发电公司更名为兆瓦级风力发电公司的程序。一旦公司完成监管程序,公司将宣布更名日期。CUSIP编号和股票代码将保持不变。由于我们的大部分业务自2014年以来一直涉及太阳能相关活动,我们认为将我们的名称从质量兆瓦风电公司更名为质量兆瓦公司是合理的行动,以更准确地反映公司近年来的业务。与此同时,公司将继续从事风电业务,而我们的大部分业务将主要是太阳能。

In recent news, the Company announced a new product known as The Concentrated Solar Tracking System (CST) providing an innovative solar tracking platform that utilizes low-cost reflectors directed at Stirling engines mounted at the center of its structure. The platform of the structure is based on the previously disclosed patent pending Solar Tracking System (STS) which rotates to continually optimize the sun's rays during the day to maximize the thermal energy production of the Stirling engines.

在最近的新闻中,该公司宣布了一种名为集中式太阳能跟踪系统(CST)的新产品,该产品提供了一种创新的太阳能跟踪平台,该平台利用安装在结构中央的斯特林发动机的低成本反射器。该结构的平台基于之前披露的正在申请专利的太阳能跟踪系统(STS),该系统通过旋转来持续优化白天的太阳光,以最大限度地提高斯特林发动机的热能产量。

The CST is projected to substantially reduce power-generation costs by up to 56% as compared to traditional solar power installations. The CST design provides a low-cost structure that adds stability to the overall system while utilizing common, off-the shelf components with an extended life expectancy. The CST significantly reduces the payback period for solar power investments to under 3 years at many locations. The CST performance is fully guaranteed by the company.

与传统的太阳能发电装置相比,CST预计将大幅降低发电成本,最高可达56%。CST设计提供了一种低成本结构,该结构增加了整个系统的稳定性,同时利用了具有更长预期寿命的通用现成组件。CST在许多地方将太阳能投资的回收期大幅降低到3年以下。CST的性能完全由公司保证。

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), 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).

本新闻稿包含可能受风险和不确定因素影响的前瞻性陈述。可能导致实际事件与本文所述情况大不相同的因素包括:兆瓦级风力发电公司(MMMW)未能就其电力开发地点获得或保持必要的分区批准;保持竞争力的能力;为其电力营销和销售提供资金;总体经济状况;以及大规模兆瓦级风力发电公司(MMMW)定期报告中详细说明的其他风险因素。

Contact:
info@massmegawatts.com

联系方式:
邮箱:Info@masmeawatts.com


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