September 13, 2011
Losses Continue At Mass MegaWatts
By Brandon Butler
Mass Megawatts Wind Power, the Worcester-based wind turbine technology company, announced a quarterly loss of $99,000 for the reporting period that ended in July.
But the result is an improvement compared to a $150,000 loss the company recorded during the same quarter last year.
The company is developing technology that aims to increase the velocity of wind when it hits turbines, which will produce more electricity.
The company has about $124,000 in debt.
WBJ Web Partners
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