Sopogy, Inypsa and Omniwatt announce 50MW MicroCSP Solar Farm Project in Toledo, Spain

December 22, 2008

December 22, 2008

SOPOGY PRESS RELEASE – FOR IMMEDIATE RELEASE

Date: 12/22/08

Contact: Sopogy Corporate Communications

Email: media@sopogy.org

808-237-2423

Subject: SOPOGY, INYPSA, AND OMNIWATT ANNOUNCE 50 MEGAWATT MICROCSP SOLAR FARM PROJECT IN TOLEDO, SPAIN

Honolulu, HI – US based Sopogy, Inc. manufacturer of the proprietary MicroCSP concentrating solar thermal energy system has entered into a solar power agreement with Spanish Solar Project Developer Inypsa Informes y Proyectos, S.A. and German Solar Project Financer Omniwatt to develop a 50 MW solar power plant by December 1, 2010 in Toledo, Spain.

“We are excited to work with Inypsa and Omniwatt in bringing Sopogy’s MicroCSP system to the Spanish market,” said Darren Kimura, President and Chief Executive Officer of Sopogy. “Sopogy’s MicroCSP technologies have been designed for these unique markets by bringing advantages over traditional concentrating solar thermal including fast deployment, pre-engineered kits in the 1MW, 5MW and 10MW increments and use and support of local labor for on-site installation”.
Inypsa, a publically traded Spanish project development firm has decades of experience in large infrastructure projects and is well positioned to take advantage of the growing solar thermal power plant market in the Spanish region. “We are convinced that micro solar thermal generation will be the next revolution in the low-carbon technologies that will define the 21st century. We feel privileged to team up with Sopogy and Omniwatt to deliver Sopogy MicroCSP technology for this project”, said Jairo González Monje, Director General of Inypsa, S.A.

Omniwatt AG, a Germany-based company, specializes in the renewable energy power production, project development and financing of decentralized power plants throughout Europe. “We look forward to working with Inypsa and Sopogy and are committed to promoting clean, renewable energy solutions throughout the world,” said Paul Vesel, Partner at Omniwatt AG.

About Sopogy
Founded in 2002, Sopogy specializes in MicroCSP solar technologies that bring the economics of large solar energy systems to the industrial, commercial and utility sectors in a smaller, robust and more cost effective package. Please visit www.sopogy.org for more information.

About Inypsa
Founded in 1970 under the parent utilities company FECSA, today, INYPSA Informes y Proyectos S.A. is one of the leading companies in the engineering sector in Spain. Thanks to the company’s continued growth, international expansion, financial strength and the ability to combine sound management with technology, INYPSA has managed to situate itself in one of the top spots nationally. This has also led it to be listed on the Madrid and Barcelona stock exchanges since 1989. After more than thirty-five years in the industry, the company has developed extensive experience in national and international markets, with work accredited in more than sixty countries in Europe, America, Asia and Africa.

About Omniwatt
Omniwatt is an emission-less, international, and decentralized power producer, applying technologies that produce energy from fuel-less resources. The company develops and finances new installations, structures existing projects, and acquires established stations.

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