Credit: By Brandon Butler, Worcester Business Journal Staff Writer,
13 September 2011 ~~
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.
By Brandon Butler, Worcester Business Journal Staff Writer,
13 September 2011
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