QualityStocks would like to highlight Mass Megawatts Wind Power, Inc. (OTCBB: MMMW), a leader in the development of a revolutionary wind power technology, bringing a product to the renewable energy marketplace capable of producing electricity at a cost 30% lower than other wind power equipment. Designed on a paradigm that 'lower height, lower wind speeds, and lower costs equal higher profits', this technology puts MAT electricity generation on a competitive footing with fossil fuels, such as coal and natural gas.
In the company’s news yesterday,
Mass Megawatts Wind Power said it has commenced construction of a demonstration, low-cost wind system that utilizes the company’s patented wind augmentation technology, the Multi-Axis Turbo (MAT). To further demonstrate its technology’s potential, the company also announced that it will install a wind unit without the new low cost augmenter next to the augmented system to prove the MAT’s ability to lower the cost of producing wind-generated electricity.
Mass Megawatts’ wind augmentation system was designed to increase by 70 percent the wind velocity directed at the turbine, which the company says subsequently triples the increase in the electrical power generated by the turbine.
MAT ranges between 50 and 80 feet in overall height; by proving its efficacy in shorter heights, the company can eliminate the notion that turbine structures need to exceed that height to realize adequate wind velocity. Reducing the size of wind turbines reduces material and installation costs; can result in expediting zoning approval; and also allows the turbine to operate profitably in lower wind-speed locations.
Because of its use of horizontal or propeller type turbine blades, Mass Megawatts said the per rated kilowatt is projected to be less than $1,000 and anticipated to approach $600 in mass production compared to traditional wind power systems ranging between $1,500 and $2,000 per rated kilowatt.
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