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.

Sopogy is named Innovative Company of the Year 2008

November 17, 2008
Sopogy is nominated for Business Leadership Hawaii Awards 2008

Sopogy Receives Business Leadership Hawaii 2008 “Innovative Company of the Year” Award

HONOLULU –(Business Wire)– Before 1,000 members of the business community, Sopogy, Inc. was presented the Business Leadership Hawaii (BLH) 2008 “Innovative Company of the Year” Award. The event, which took place at the Hilton Hawaiian Village, honors the best in the business. The Innovative Company of the Year Award recognizes organizations dedicated to developing new approaches to creating products, winning customers, and tackling problems. Sopogy was chosen based on its innovative MicroCSP technologies, used to create Process Heat, Solar Air Conditioning, and Electrical Power, and its commitment to leading Hawaii to a sustainable future and curbing the effects of global climate change.

The 7th annual BLH 2008 awards program is a premier event recognizing leaders in business and non-profits. Finalists were judged by a panel of respected business leaders, many of whom are previous BLH winners. Since its launch in 2002, BLH has recognized more than 160 companies, individuals, and nonprofits. Pacific Business News created BLH to spread the word that Hawaii is a great place to do business because of outstanding and committed leaders.

“The culture of innovation is key to our company’s growth and the development of new products. Sopogy is honored to receive the Business Leadership Hawaii Innovative Company of the Year award,” said Darren T. Kimura, Sopogy Chief Executive Officer.

About Sopogy

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.

Sopogy Solution at Palo Alto Swim Club

September 17, 2008

Palo Alto, CA – To celebrate the Eichler Swim & Tennis Club’s 50 years of service to the Palo Alto community, Sopogy, Inc., the manufacturer of MicroCSP Solar Technologies has donated a MicroCSP solar solution to help reduce the center’s energy costs and shrink its carbon footprint by using clean solar energy.

“We’re making this donation to the Eichler Club and the children of Palo Alto who frequent this facility and represent the future so they can learn about solar energy and the power this energy source has in fighting climate change” said Darren T. Kimura the President of Sopogy, Inc.  “The Sopogy MicroCSP Solar Solution represents a truly versatile approach to the efficient and proven Concentrating Solar Power industry”.

The Sopogy’s Solar Solution consists of a MicroCSP solar concentrator called the SopoNovaä 4.0, which combines the revolutionary features of the company’s unique modular, versatile and scalable Parabolic Trough technology in a small and efficient solar package.  The system at the Eichler Club includes a SopoNova 4.0, heat exchanger, storage tank, automatic system controls and SopoTracker a revolutionary solar tracking technology which enables the system to follow the sun during operation.

About Sopogy

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.

Sopogy Announces Solar Power Application 2008 Contest

September 1, 2008

Sopogy, Inc. launches “SopoApps 2008” a solar design skills contest for engineers
and announces a total of $50,000 in cash prizes.

Oct 4, 2008
SOPOGY PRESS RELEASE – FOR IMMEDIATE RELEASE

 

Contact: Sopogy Corporate Communications

Email: media@sopogy.org

808-237-2324

Subject: Sopogy launches SopoApps 2008 a solar design skills contest for engineers and
announces total of $50,000 in cash prizes.

Portland, OR – Sopogy, Inc., in conjunction with winning the New Product of the Year
Award 2008 for its SopoNova 4.0 technology from the National Society of Professional
Engineers’ (NSPE) announces SopoApps 2008 a design skills contest for engineers.
“SopoApps 2008” or Solar Power Applications is a skills contest for HVAC, Plumbing and
Solar engineers. The contest challenges engineers to design practical installations using
MicroCSP solar technologies in 10 categories including: Process Heating, Thermal Air
Conditioning, Industrial, Commercial, Agriculture, Hospitality, Health Care Power, Water
and Innovation. The contest is designed to help accelerate the adoption and installation of
MicroCSP solar technologies. All designs submitted to the contest will be made opensourced
and posted online at SopoApps.com.

The contest runs through October 1, 2008. Judging will be conducted by an independent panel of industry experts. Key factors in judging include production efficiency, cost, completeness, and best overall design. A reception will be held at Solar Power 2008 in San Diego where the winners will be announced. Top winners in each of the 10 categories will receive $5,000.

“The World needs unique solutions to fight green house gas emissions and MicroCSP
technologies are one of the best weapons in this battle. The technology is reliable, quick to
install and a proven alternative to burning natural gas and oil. We now need the best
engineers to bring MicroCSP technologies to their applications and projects. SopoApps is
designed to do exactly this” said Darren T. Kimura, CEO of Sopogy, Inc.
For more information and details on the contest terms and conditions please visit
www.sopoapps.org

Additional Background on the SopoApps
In the solar thermal industry a key problem behind technology adoption is the lack of
available knowledge in applications engineering. This is an industry that has historically
been extremely fragmented and traditional engineering favors conventional fossil fuel
technologies. With global warming and energy issues now a worldwide problem,
SopoApps is designed to become a community for the World’s best engineers to help build
the future of Heating, Ventilation and Air Conditioning.

Sopogy elects T. Michael May to its Board of Directors

August 21, 2008

T. MICHAEL MAY JOINS SOPOGY’S BOARD OF DIRECTORS

August 20, 2008

SOPOGY PRESS RELEASE – FOR IMMEDIATE RELEASE

Date: 8/20/08

Contact: Sopogy Corporate Communications

Email: media@sopogy.org

808-237-2324

Subject: Sopogy elects T. Michael May to its Board of Directors

HONOLULU, Hawaii—Sopogy® today announced that T. Michael May, recently retired President and Chief Executive Officer of Hawaiian Electric Company (NYSE: HE) was elected to Sopogy’s board of directors. Michael also serves on the board of directors of the Electric Power Research Institute, the Edison Electric Institute and The James Campbell Company.

“Michael spent over a decade as CEO of Hawaii’s top company in Hawaiian Electric.  There he led the public utility through change and growth.  He also developed a deep network in the energy industry and we look forward to benefiting from his insights and experience as a member of Sopogy’s board” said Darren T. Kimura, CEO of Sopogy.

“Sopogy is establishing its position as a leader in the Concentrating Solar Power (CSP) industry.  Their MicroCSP technology is clearly one of the most innovative products in the market today.  Sopogy is bringing renewable on-site generation to the distributed generation markets” said T. Michael May, recently retired President and Chief Executive Officer of Hawaiian Electric Company.   “I feel privileged to join this exciting and dynamic team and believe I can make a positive and immediate contribution to help Sopogy in this next phase of growth.”

Hawaiian Electric Inc, and subsidiaries Maui Electric Company, Limited and Hawaii Electric Light, Inc., supplies power to 93% of Hawaii’s public utility market.   At Hawaiian Electric, Michael was responsible for developing and executing the company’s long-term growth strategies, leading the company to encourage renewable energy and energy efficiency.  He joined Hawaiian Electric as a Senior Vice President in 1992 and was elected President and CEO in 1995, he retired on August 1, 2008.  Prior to Joining Hawaiian Electric he was the founder and Principal of Management Assets Group, President of Caterpillar Capital Company and held the roles of Vice President and General Manager of the Energy Services Division at Solar Turbines Inc a Caterpillar Company and Vice President Finance and Planning, Chief Financial Officer at Solar Turbines, Inc. Caterpillar, Inc.

Michael is a graduate of the University of Mississippi in Industrial Engineering/Management and received his Masters of Business Administration in Finance from the College of William & Mary.

About Sopogy
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. Sopogy’s goals include to create solar solutions that improve the quality of life for all human kind and to bring order and simplicity to the chaos which is the current solar power business.  Please visit www.sopogy.org for more information.

Sopogy wins New Product of the Year from National Society of Professional Engineers

July 26, 2008

Sopogy, Inc. wins “New Product of the Year” from the National Society of Professional Engineers

National Society of Professional Engineers New Product Award

July 26, 2008

SOPOGY PRESS RELEASE – FOR IMMEDIATE RELEASE

Date: 7/26/08

Contact: Sopogy Corporate Communications

Email: media@sopogy.org

808-237-2324

Subject: Sopogy wins New Product of the Year award from the National Society of Professional Engineers.

Portland, OR – Sopogy, Inc., wins the National Society of Professional Engineers’ (NSPE) New Product of the Year Award for its MicroCSP Solar Collector “SopoNova 4.0” at the NSPE’s Annual Conference this year held in Portland, Oregon.

The NSPE New Product of the Year Awards look for new and improved products that stimulate the life and growth of our country. These benefits result from research and development to which engineers make their unique contribution. This competition recognizes the results of those efforts and the foresight of the companies whose aggressive policies bring new products to the marketplace.

“SopoNova 4.0 combines the reliable performance of conventional Concentrating Parabolic Trough technologies with several novel concepts that include the World’s first integrated 270 degree MicroCSP tracker, integrated stands and custom controls” said Darren T. Kimura, CEO of Sopogy.  He continued “after 40+ unique prototypes and thousands of engineering hours invested in the SopoNova product line, this award from one of the Nation’s most respected engineering societies is tribute to Sopogy’s spirit of innovation”.

Sopogy is the first renewable energy and solar technology to ever be awarded this honor.  Previous winners of NSPE’s New Product of the Year include Boeing’s 777, Mercedes Benz M-Class All Activity Vehicle and Chrysler’s PT Cruiser.

About the National Society of Professional Engineers
Founded in 1934 NSPE is one of the nations oldest and most respected engineering associations with over 54,000 members and the public through more than 500 chapters and 53 state and territorial societies.

About Sopogy
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. Sopogy’s goals include to create solar solutions that improve the quality of life for all human kind and to bring order and simplicity to the chaos which is the current solar power business.  Please visit www.sopogy.org for more information.

Hawaii based Sopogy, Inc. breaks ground on the world’s first MicroCSP solar farm

July 11, 2008

July 9, 2008

SOPOGY PRESS RELEASE – FOR IMMEDIATE RELEASE

Date: 7/7/08

Contact: Sopogy Corporate Communications

Email: media@sopogy.org

808-237-2324

Subject: SOPOGY BREAKS GROUND ON WORLDS FIRST MICROCSP SOLAR FARM AT THE NATURAL ENERGY LABORATORY OF HAWAII.

Honolulu, HI – Keahole Solar Power, a Concentrated Solar Power solar farm, breaks ground Wednesday July 9, 2008 at 10:30 a.m. with an event hosted by Sopogy, Inc. on the Big Island at the Natural Energy Laboratory of Hawaii.  The solar farm will be built in phases over several acres and is the first of its kind in the world to make large-scale use of Hawaii based Sopogy’s proprietary solar concentrating systems known as MicroCSP technologies.

MicroCSP systems use reflectors and optics that harness the energy from the sun to create heat that passes through a turbine to produce electricity.  The Sopogy MicroCSP solar collector system is a robust and elegant concentrating panel that was modeled after the very successful installation of concentrating panels in the Mojave Desert in the mid 1980’s.  These traditional panels at the Solar Energy Generating Station have been producing 354 megawatts energy for over 2 decades, enough power for the Big Island and Maui.  “MicroCSP technologies combine the efficiencies of traditional Concentrated Solar Power collectors but incorporate new key elements that are required for operation in Hawaii.  These elements include a stronger more durable frame that is able to withstand against storms and operating temperatures that enable Hawaii’s contractors to install and service the system,” said Darren T. Kimura the President and CEO of Sopogy.

“Our leading edge MicroCSP solar research began in Kona in 2002 with one concentrating system and it is appropriate that Kona is the home for the world’s first deployment of a MicroCSP solar field,” Kimura said.   “Our technologies create energy from the sun, a sustainable and renewable energy resource and will help Hawaii break its bonds to imported fossil fuel.”

“This is the first renewable energy project at the Natural Energy Laboratory in over 30 years” stated representatives from NELHA.

Selected dignitaries including former Governor George Ariyoshi, Sopogy, Inc. Chairman of the Board of Directors and Founder, Darren T. Kimura, Representative Jon Riki Karamatsu and others will be on hand to participate in the highly anticipated ground breaking ceremony.  Once the first Phase is completed, Keahole Solar Power will produce electricity for over 100 Hawaii homes.  In its entirety, the project can scale up to a 1 megawatt solar farm capable of powering 500 Hawaii homes and off setting over 2 million metric tons of carbon dioxide emissions, the equivalent of removing 367 cars from Hawaii roads.

The blessing will be done by Sopogy’s Hawaiian Kahu and event will be powered by renewable solar energy and the greenhouse gas emissions from the travel, preparation, set-up and all festivities will be offset with green certificates.

About Sopogy
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.

Governor of the State of Hawaii approves $35 million for Sopogy

May 31, 2008

SOPOGY PRESS RELEASE – FOR IMMEDIATE RELEASE

Date: 5/23/08
Subject: GOVERNOR OF THE STATE OF HAWAII SIGNS LAW APPROVING SOPOGY, INC. $35,000,000 FOR THE DEVELOPMENT OF RENEWABLE ENERGY

Contact: Darren T. Kimura, CEO
Tel: (808) 833-4747
Email: dkimura@sopogy.org

Honolulu, HI – Governor of the State of Hawaii Linda Lingle today signed a bill into law that authorizes the issuance of $35,000,000 in special purpose revenue bonds to assist Sopogy, Inc. in the development of renewable energy on the Island of Oahu.

“Due to low energy cost and the high cost of construction, renewable energy has struggled to get traction on the island of O’ahu,” Said Darren T. Kimura President and CEO of Sopogy, Inc. “These special purpose revenue bonds are a critical enabler in bringing clean solar power energy to the residents.”

About Sopogy
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.

Download file from Governors Office

Sopogy Names Tal Ziv Director of Energy Economics

April 15, 2008

PRESS RELEASE: FOR IMMEDIATE RELEASE

Date: 4/14/08
Subject: Sopogy names Tal Ziv Director of Energy Economics
Contact: Sher Komoda, Communications
Tel: (808) 833-4747
Email: skomoda@sopogy.org

Sopogy names Tal Ziv Director of Energy Economics

Honolulu, HI – Sopogy, Inc. manufacturer of MicroCSP™ solar technologies announced the appointment of Tal Ziv as Director of Energy Economics. Based in the company’s Honolulu, Hawaii office, Ziv will oversee the leads in the project finance, structuring, financial analysis, and forecasting for Sopogy.

Prior to joining Sopogy, Tal was the Manager of Corporate Development and Planning at Alexander & Baldwin (NASDAQ: ALEX). Previously, Tal served as Business Development Manager, Global Business Development for GE Energy (NYSE: GE) GE’s largest industrial business with $22 billion of revenues in 2007. As manager for the business development/mergers and acquisition activities at GE Energy, Tal’s responsibilities included originating, executing and integrating inorganic growth initiatives. During his tenure at GE Energy a couple of the high profile transactions include the multi-billion dollar global alliance between the nuclear energy businesses of GE Energy and Hitachi, Ltd. and the acquisition of specialized pumping equipment for the gasification technology acquired from ChevronTexaco. Additionally, Tal led several strategic divestitures including the sale of GE Energy Rentals to Aggreko plc. Tal began his career as a Captain in the U.S. Air Force and was a command briefer for the Pacific Air Forces Headquarters.

Tal earned an MBA from the Shilder College of Business at the University of Hawaii, and holds a M.S from Texas A&M University, and a BS in Cornell University.

About Sopogy
Sopogy manufactures the innovative MicroCSP™ solar concentrator technology. MicroCSP™ uses optics and mirrors to focus and intensify the energy of the sun for electricity production, solar air conditioning and process heating. The technology uses traditional economics from large solar energy deployments to the industrial, commercial and utility sectors in a smaller more cost effective and robust package. Please visit www.sopogy.org for more information.

Sopogy names Van Matsushige Market Manager of the Pacific Region

April 1, 2008

PRESS RELEASE: FOR IMMEDIATE RELEASE

Date: 4/1/08
Subject: Sopogy names Van Matsushige Market Manager of the Pacific Region
Contact: Jane Dore, Communications
Tel: (408) 722-6292
Email: jdore@sopogy.org

Sopogy names Van Matsushige Market Manager of the Pacific Region

Honolulu, HI – Sopogy, Inc. manufacturer of MicroCSP™ solar technologies announced the appointment of Van Matsushige as Market Manager of the Pacific Region. Based in the company’s Honolulu, Hawaii office, Matsushige will oversee the Pacific Region which includes Hawaii, Oceania and Asia. In his role he will be responsible for marketing, policy, sales and strategic planning. He will report directly to Vice President of Business Development Jim Maskrey.

Most recently Matsushige served as General Manager and Director of Operations at national energy services company Energy Industries (www.energy-industries.com). Prior to EI he spent 10 years in Hong Kong working for various corporations including the Executive Center Limited.

Matsushige earned his B.S. from the University of Hawaii at Manoa.

About Sopogy
Sopogy manufactures the innovative MicroCSP™ solar concentrator technology. MicroCSP™ uses optics and mirrors to focus and intensify the energy of the sun for electricity production, solar air conditioning and process heating. The technology uses traditional economics from large solar energy deployments to the industrial, commercial and utility sectors in a smaller more cost effective and robust package. Please visit www.sopogy.org for more information.

Sopogy Expands to new Silicon Valley Office

February 21, 2008

PRESS RELEASE – FOR IMMEDIATE RELEASE

Date: 2/21/08

Subject: Sopogy Expands to New Silicon Valley Office

Contact: Darren T. Kimura, President & CEO

Tel: (808) 833-4747

Email: dkimura@sopogy.org


Sopogy Expands to New Silicon Valley Office

Honolulu, HI – Sopogy, Inc. developer and manufacturer of proprietary and highly efficient “MicroCSP™” concentrating solar power panels today announced the opening of a new office West Coast office located in California’s Bay Area. The office will serve as home for the company’s sales, marketing, customer support activities and California focused project management. The office will be led by Silicon Valley veteran and company Director of Corporate Development, Al Yuen PhD.

“Opening the West Cost Solar Solutions center is a major step forward for Sopogy. It helps us bring our technologies to the largest solar markets and allows us better service our rapidly growing customer base including the top Engineering Procurement and Contracting and Power Purchase Financing firms in the solar industry.” Said Darren T. Kimura, President and CEO of Sopogy, Inc.

The Honolulu, Hawaii office continues to be the Company’s corporate headquarters and is home for all executive, research, development, administrative and Hawaii focused project management and sales activities.

About Sopogy

Founded in 2005, Sopogy specializes in research, development and manufacturing of MicroCSP™ solar technologies. MicroCSP™ systems focus and intensifies solar energy using mirrors and optics to generate thermal energy. This process provides a 2x increase over traditional solar panels. Sopogy’s integrated solar solution brings the proven economics of large utility solar energy systems to the industrial and commercial sectors in a durable, smaller and cost effective package. Please visit www.sopogy.org for more information.

Sopogy is named Deal of the Year by Hawaii Venture Capital Association

January 25, 2008

Hawaii Venture Capital Association

PRESS RELEASE

FOR IMMEDIATE RELEASE

Date: 1/25/08

Subject: Sopogy is named Deal of the Year by Hawaii Venture Capital Association

Contact: Darren T. Kimura, CEO

Tel: (808) 833-4747

Email: dkimura@sopogy.org


Sopogy is named Deal of the Year by Hawaii Venture Capital Association

Honolulu, HI – In a ceremony on January 24, 2008, Sopogy, Inc. manufacturer of MicroCSP concentrating solar power technologies was awarded as the “Deal of the Year 2007” by the Hawaii Venture Capital Association. “We honor the entrepreneurs whose companies raised a significant amount of venture capital or concluded a major strategic investment or liquidity event,” said Bill Spencer, HVCA President. “These entrepreneurs deserve credit for their accomplishments in demonstrating that they can build world class companies in Hawaii,” he said.

This year’s Deal of the Year winner is Sopogy founded by entrepreneur Darren Kimura. Sopogy has pioneered the Sopogy Energy System which incorporates the proven concept of concentrated solar power to the distributed power generation market. Sopogy’s concentrated solar power collectors that operate on buildings and small utility deployments and are the most robust solar technology on the market today. The company raised a large funding round from local and mainland venture capital firms qualifying it for the top Deal of the Year honor.

“Sopogy represents the best and brightest of a new breed of Hawaii Clean-Tech companies who are not only committed to the next generation of clean energy systems but green business practices that reflect the highest standards of corporate responsibility” said Bill Spencer.

“With a nearly perfect compliment of natural energy resources, Hawaii is becoming the hub of Clean Technology research and deployment.   Sopogy is honored to be recognized by HVCA and proud to represent the State of Hawaii in our quest to combat the effects of global warming while helping our customers reduce their energy costs.” Said Darren T. Kimura, President and CEO of Sopogy, Inc.

About Sopogy

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

About Hawaii Venture Capital Association

The Hawaii Venture Capital Association, founded in 1988, is Hawaii’s oldest private non-profit economic development organization devoted to entrepreneurship and capital formation.

Press Release – Dr. Al Yuen is named Director of Corporate Development

January 6, 2008

PRESS RELEASE

FOR IMMEDIATE RELEASE

Date: 1/5/08

Subject: Sopogy names Al Yuen, Ph.D. Director of Corporate Development

Contact: Sopogy Corporate Communications

Email: media@sopogy.org


Sopogy names Al Yuen, Ph.D. Director of Corporate Development

Honolulu, HI – Sopogy, Inc. manufacturer of MicroCSP™ solar technologies announced the appointment of Al Yuen, Ph.D. as Director of Corporate Development. Based in San Jose, California, Yuen will oversee corporate growth, marketing and strategic planning. He will report directly to President and CEO Darren T. Kimura.

Most recently Yuen served as General Manager of Coherent Semiconductor (NASDAQ: COHR). Prior to his time at Coherent he was the VP of Sales and Marketing of Emcore Corporation (NASDAQ: EMKR). He also spent 12 years with Hewlett Packard Corporation (NYSE: HP) and recently authored “Bill & Dave’s Memos” a book based on the writings of Bill Hewlett and Dave Packard.

Yuen is a seasoned entrepreneur founding 2 Silicon Valley based start-up companies, raising over $30 million in venture financing and taking both start-ups from conception to revenue.

“Al is a very accomplished entrepreneur and is recognized for his ability to establish and preserve company culture while achieving growth and financial excellence. We are excited that someone of his caliber recognizes the value of Sopogy’s unique technology and thrilled that he has accepted the challenge to bring our concentrated solar products to market” said Darren T. Kimura, CEO.

Yuen earned his B.S. in Electrical Engineering and Computer Science from the University of California, Berkeley and his M.S. and Ph.D. in Electrical and Computer Engineering from the University of California, Santa Barbara.

About Sopogy

Sopogy specializes in the innovative MicroCSP™ solar concentrator technology. MicroCSP™ brings the economics of large solar energy deployments to the industrial, commercial and utility sectors in a smaller more cost effective package. Please visit www.sopogy.org for more information.

Sopogy to Test Solar Power Technology in North Idaho

August 21, 2007
Sopogy Press Release
PRESS RELEASE

FOR IMMEDIATE RELEASE

Date: August 21, 2007

Subject: Sopogy

Contact: Jim Maskrey, Vice President of Business Development

Tel: (808) 457-5703

email: jmaskrey@sopogy.org

Sopogy to Test Solar Power Technology in North Idaho

August 21, 2007

Spokane, Wash. – Sopogy, Inc. of Honolulu, Hawaii, will deploy its concentrating solar power (CSP) technology at the Avista Clean Energy Test Site located in Rathdrum, Idaho. The trial is to demonstrate how Sopogy’s system will perform in a northern climate, generating power on a utility grid scale.

Avista, a Spokane based electric and natural gas utility company, created the Clean Energy Test Site to allow for deployment and testing of emerging renewable energy technologies. Ultimately the applications could provide additional renewable energy for utility customers.

Sopogy’s MicroCSPTM is designed to provide thermal energy as process heat, generate electricity, or provide air conditioning in areas with the right solar conditions. Many areas of the Northwest have long days and clear summer skies and a summer daytime peaking load, an ideal condition for MicroCSPTM technologies.

“This is an exciting step toward helping to accelerate distributed generation and wider use of renewable energy. Sopogy, Inc. is proud to be bringing the proven economics of Concentrated Solar Power to the Pacific Northwest” said Darren T. Kimura, president and CEO of Sopogy, Inc.

“Avista welcomes Sopogy to the Clean Energy Test Site,” said Roger Woodworth, Avista vice president for Sustainable Energy Solutions. “We are looking forward to working with them to prove out the merits of this technology, both on our system and in our region.”

At full deployment Sopogy plans to produce up to 50 kilowatts of electric power that will be integrated onto the Avista grid. The highest output of the Sopogy systems is expected to coincide with the peak demands of the utility’s high summer daytime load.

The initial phase of the Sopogy test deployment will begin in mid-September, with full deployment targeted for the summer of 2008.

Concentrated Solar Power (CSP) has been reliably used in the U.S. for over 30 years. These systems have been engineered for desert locations covering hundreds of acres and producing power very cost effectively. Sopogy’s technology shrinks desert CSP bringing this renewable energy opportunity to a commercial, industrial or on-site power application.

(Avista Vice President Roger Woodworth and Sopogy President Darren T. Kimura)

About Sopogy, Inc.
Sopogy, Inc. is dedicated to enabling the renewable energy economy by dramatically increasing energy production through widespread use of its Concentrated Solar Power (CSP) technologies. Sopogy offers a cost-effective method for producing process heat used to create electricity, air conditioning, steam and hot water.

For detailed information about Sopogy’s MicroCSPTM technology, please visit www.sopogy.org

Mr. Jonathan Ishikawa joins Sopogy as Project & Vendor Channel Manager

August 1, 2007

FOR IMMEDIATE RELEASE
Date: August 1, 2007
Subject: Mr. Jonathan Ishikawa joins Sopogy as Project & Vendor Channel Manager

Contact: Darren T. Kimura, President and CEO
Tel: ( 808 ) 216-3478
Email: dkimura@sopogy.org
Jonathan Ishikawa Joins Sopogy as Project & Vendor Channel Manager
Honolulu, HI – Sopogy, Inc. announced today that Mr. Jonathan Ishikawa has joined the company as its Project Manager & Vendor Channel Manager.  Prior to joining Sopogy he was a Project Manger and Business Development Manager at Pipeline Communications & Technology, Inc.  He holds a Bachelors of Science in Mechanical Engineering and Biomedical Engineering from Washington University ( St. Louis ) and is a current member of the Hawaii Army National Guard.
About Sopogy, Inc.
Sopogy, Inc. ( www.sopogy.org ) is a Hawaii based solar technology company founded by Energy Laboratories the “think-tech” incubator of Energy Industries.  Sopogy is a manufacturer and developer of Concentrated Solar Power ( CSP ) technologies that increase the effectiveness of solar energy. Sopogy offers a cost-effective method for producing renewable electricity, drinking water from sea water and air conditioning from the power of the sun.
( end )
* * *
For additional information about Sopogy, Inc., please contact Darren Kimura, President & CEO at ( 808 ) 216-3478.

State of Hawaii approves $10 million dollars for Sopogy Solar Farm Bonds

June 29, 2007
Sopogy Press Release
PRESS RELEASE
FOR IMMEDIATE RELEASE

Date: June 29, 2007

Subject: State of Hawaii approves $10 million dollars for Sopogy solar farm bonds

Contact: Darren T. Kimura, President and CEO

Tel: (808) 216-3478

email: dkimura@sopogy.org

State of Hawaii approves $10 million dollars for Sopogy Solar Farm Bonds

Honolulu, HI – Sopogy, Inc. announced today it received Governor Linda Lingle’s approval for the issuance of special purpose revenue bonds. Act 229 authorizes the issuance of $10,000,000 in special purpose revenue bonds to Sopogy Inc., to assist with planning, designing, constructing, equipping and operating a solar farm power plant at the Natural Energy Laboratory of Hawaii Authority or another suitable site in Hawaii.

“This is an important step in supporting renewable energy and helps break Hawaii’s bonds to imported fossil fuels. We commend the leadership and vision of Vice Chairman Jon Riki Karamatsu who authored the bill, the 2007 Hawaii State Legislature, and Governor Linda Lingle” said Darren T. Kimura, President and CEO of Sopogy Inc.

NELHA (Natural Energy Laboratory of Hawaii) is an important location for this project as it has some of the highest solar energy of any coastal location in the USA. With new technology companies seeking its unique deep ocean water comes new electric power needs. “Sopogy’s clean power solutions will help NELHA continue to grow, while achieving the energy park’s mission and focus on natural energy. We are excited to lead the next generation of renewable energy research at the park and look forward to working with Hawaiian Electric in making this clean solar power project a reality” added Kimura.

About Sopogy, Inc.

Sopogy, Inc. (www.sopogy.org) is dedicated to enabling the renewable energy economy by dramatically increasing energy production through widespread use of its Concentrated Solar Power (CSP) technologies. Sopogy offers a cost-effective method for producing process heat used to create electricity, air conditioning, steam and hot water.

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For additional information about Sopogy, Inc., please contact Darren Kimura, President & CEO at (808) 216-3478 .

Dr. Sri Vemuri Joins Sopogy as Lead Applications Engineer

June 6, 2007

 June 06, 2007 – Subject: Dr. Srinivas Vemuri joins Sopogy as Lead Applications Engineer

Srinivas Vemuri, Ph.D. Joins Sopogy as Lead Applications Engineer

Sopogy, Inc. announced today that Dr. Srinivas Vemuri has joined the company as its Lead Applications Engineer. Dr. Vemuri has more than 10 years of experience in the engineering and researching field. Prior to joining Sopogy he was a Mechanical Engineering at Notkin Hawaii Inc.

He holds a Bachelors in Mechanical Engineering from the Bangalore University (India) with 1st class honors, a Masters in Mechanical Engineering from the University of New Orleans, and a PhD in Mechanical Engineer from University of Nevada (Reno).

For additional information about Sopogy, Inc.,
please contact Darren Kimura,
President & CEO at               (808) 216-3478     

 

Contact: Darren T. Kimura, President and CEO
Tel:               (808) 216-3478       
Email: dkimura ( @ ) sopogy dot com

Sherrilyn Komoda Joins Sopogy as Office Manager

April 30, 2007

Sherrilyn Komoda Joins Sopogy as Office Manager
Honolulu, HI – Sopogy, Inc. announced today that Sherrilyn Komoda has joined the company as its Office Manager.  Prior to joining Sopogy, Ms. Komoda spent nearly five years at Energy Industries as the Hawaii Sales Manager overseeing 8 Sales Representatives on 4 islands.  In her role as Hawaii Sales Manager, Sherrilyn was instrumental in establishing and maintaining some of the company’s largest accounts.

About Sopogy, Inc.
Sopogy, Inc. ( www.sopogy.org ) is a Hawaii based solar technology company founded by Energy Laboratories the “think-tech” incubator of Energy Industries.  Sopogy is a manufacturer and developer of Concentrated Solar Power ( CSP ) technologies that increase the effectiveness of solar energy. Sopogy offers a cost-effective method for producing renewable electricity, drinking water from sea water and air conditioning from the power of the sun.

About Sopogy, Inc. Sopogy, Inc. (www.sopogy.org) is a Hawaii based solar technology company founded by Energy Laboratories the “think-tech” incubator of Energy Industries. Sopogy is a manufacturer and developer of Concentrated Solar Power (CSP) technologies that increase the effectiveness of solar energy. Sopogy offers a cost-effective method for producing renewable electricity, drinking water from sea water and air conditioning from the power of the sun.

Henry Montgomery Joins the Board of Directors of Sopogy, Inc.

March 22, 2007

Sopogy Press Release

PRESS RELEASE

FOR IMMEDIATE RELEASE

Date: March 22, 2007

Subject: Henry Montgomery joins Sopogy, Inc’s Board of Directors

Contact: Darren T. Kimura, President and CEO

Tel: (808) 216-3478

email: dkimura@sopogy.org

Henry Montgomery Joins Sopogy, Inc’s Board of Directors

Honolulu, HI – Sopogy, Inc. announced today that Henry Montgomery has joined its board of directors. Mr. Montgomery has more than 40 years of experience in financial and corporate management, and currently is the chairman and founder of Montgomery Professional Services Corporation. He has held various positions in many high-tech companies including Theta Microelectronics, Spectrian Corporation, Pinnacle Micro, SyQuest Technology, Memorex Corporation, Fairchild Camera and Instrument Corporation. He also held positions with McKinsey & Company and Arthur Andersen & Company. Montgomery is currently chairman and audit committee member of Swift Energy Company, chairman of the board and audit committee chairman of Catalyst Semiconductor, Inc. and is on the Board of Directors of QuickLogic Corporation. He’s also active in a number of civic and academic organizations and recently co-authored “Enron Provides Lessons on Audits for Accountants and Public Companies” for the Washington Legal Foundation, and “Directors Need to Set the Tone” for the Silicon Valley Biz Ink. He holds a BA degree in Economics from Miami University in Oxford , Ohio.

About Sopogy, Inc.

Sopogy, Inc. (www.sopogy.org) is dedicated to enabling the renewable energy economy by dramatically increasing energy production through widespread use of its Concentrated Solar Power (CSP) technologies. Sopogy offers a cost-effective method for producing electricity and by-products that include steam, desalination, hydrogen, absorption cooling and hot water heating.

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For additional information about Sopogy, Inc., please contact Darren Kimura, President & CEO at (808) 216-3478 .

Jim Maskrey joins Sopogy as Vice President of Business Development

February 2, 2007

Sopogy Press Release

PRESS RELEASE

FOR IMMEDIATE RELEASE

Date: February 2, 2007

Subject: Jim Maskrey joins Sopogy as Vice President of Business Development

Contact: Darren T. Kimura, President and CEO

Tel: (808) 216-3478

email: dkimura@sopogy.org

Jim Maskrey Joins Sopogy as Vice President of Business Development

Honolulu, HI – Sopogy, Inc. announced today that Jim Maskrey has joined the company as its Vice President of Business Development. Mr. Maskrey has more than 25 years of experience in solar and energy technologies, and was most recently the manager of Hawaiian Electric Company’s Demand Side Management program for commercial and industrial customers. In this role he was responsible for the issuance of energy efficiency rebate incentives for customers who implemented efficient technologies. Prior to Hawaiian Electric he was the business development manager of DMC a national energy management company. He began his career at the Solar Energy Research Institute which is now known as the National Renewable Energy Laboratories. Mr. Maskrey is active in Hawaii’s energy community as the President of Rebuild Hawaii Consortium, Chair of the Environmental Committee of the Chamber of Commerce of Hawaii and is a member of the Hawaii Electricity Reliability Advisory Committee. He holds a Masters of Environmental Planning degree from Arizona State University, his Masters in Business Administration from the University of Hawaii and a Bachelors of Arts from the University of California at Santa Barbara.

About Sopogy, Inc.

Sopogy, Inc. (www.sopogy.org) is a Hawaii based solar technology company dedicated to enabling the renewable energy economy by dramatically increasing energy production through widespread use of its Concentrated Solar Power (CSP) technologies. Sopogy offers a cost-effective method for producing electricity and by-products that include steam, desalination, hydrogen, absorption cooling and hot water heating.

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For additional information about Sopogy, Inc., please contact Darren Kimura, President & CEO at (808) 216-3478 .