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.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.

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.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 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.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.

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.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.

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.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

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.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.

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.com

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.com 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.com


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.com 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.com


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.com 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.com


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.com for more information.