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Sopogy’s SopoNova 4.0™ wins Gold in the Plant Engineering Product of the Year for Power Generation

March 30, 2009

2008 Plant Engineering Product of the Year: Gold Award

SOPOGY PRESS RELEASE – FOR IMMEDIATE RELEASE

Date: 03/30/09
Contact: Sopogy Corporate Communications
media@sopogy.com
808-237-2423

SUBJECT: SOPOGY’S SOPONOVA 4.0™ RECEIVES GOLD IN 21st ANNUAL PLANT ENGINEERING PRODUCT OF THE YEAR 2008 AWARD

Charleston, SC— Sopogy, Inc. MicroCSP™ Solar Collector “SopoNova 4.0™” won Gold in the Plant Engineering Product of the Year 2008 in the category of Electrical Power. The Plant Engineering Product of the Year Awards honor the most innovative and useful products introduced to the industrial plant engineering market each year. The Gold, Silver, and Bronze Awards in each category were presented at the Plant Engineering Manufacturing Summit Gala on Monday March 30, 2009 in Charleston, South Carolina.

The Product of the Year 2008 Gold Award marks continuing recognition for SopoNova 4.0™’s excellence in the industry. SopoNova 4.0™ combines the reliable performance of conventional concentrating parabolic trough technologies with several novel and revolutionary features that include the world’s first 270 degree MicroCSP tracker, integrated stands, automatic operation, and custom controls. The modular, versatile, and scalable solar collector uses mirrors and lenses to concentrate the sun’s rays and generate solar electricity, process heating, and solar cooling. The technology captures cost efficiencies by operating in lower temperatures which enable general contractor installation and low cost thermal energy storage.

“We are delighted and honored to receive Gold Award for Product of the Year 2008,” said Sopogy CEO and President, Darren Kimura. “This award not only encompasses prestige, but is a symbol of quality and innovation in the industry. We would like to thank the editors and staff at Plant Engineering, as well as all the readers who voted for SopoNova 4.0™.”

The Plant Engineering Product of the Year Awards are the premier honor for new products and among the most sought-after distinctions by manufacturers when establishing new products in the plant engineering industry. One hundred and fifty finalists in sixteen categories were selected by a panel of judges consisting of plant engineers for publication in Plant Engineering Magazine. Subscribers and readers then voted on their choices for the best products using an online ballot.

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.com for more information.

December 22, 2008

SOPOGY PRESS RELEASE – FOR IMMEDIATE RELEASE

Date: 12/22/08

Contact: Sopogy Corporate Communications

Email: media@sopogy.com

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.com 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 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.com for more information.

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.com for more information.

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.com

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.

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.com

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.com for more information.

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

July 26, 2008

SOPOGY PRESS RELEASE – FOR IMMEDIATE RELEASE

Date: 7/26/08

Contact: Sopogy Corporate Communications

Email: media@sopogy.com

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.com for more information.

July 9, 2008

SOPOGY PRESS RELEASE – FOR IMMEDIATE RELEASE

Date: 7/7/08

Contact: Sopogy Corporate Communications

Email: media@sopogy.com

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.com for more information.

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.com

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.com for more information.

Download file from Governors Office

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.com

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.com for more information.