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Sopogy Wins APEC Business Innovation Award for Honolulu

The award gives Sopogy a platform to showcase its technologies during the Asia Pacific Economic Cooperation (APEC) Leaders Week conference in November 2011.

“Given the quality and quantity of companies vying for this title, we are really honored to have been selected as the APEC Business Innovation winner for Honolulu.”

Sopogy is one of five showcase winners that will be on display at numerous venues, including the Hawaii Convention Center, Ala Moana Center, and the CEO Summit at the Royal Hawaiian Hotel. Sopogy will also feature in an APEC Hawaii TV in-room hotel program, an APEC Hawaii virtual online exhibit, a full page ad in the Star Advertiser, and a Hawaii Business circular to be distributed to APEC dignitaries and media.

Sopogy’s technologies are helping APEC economies achieve their clean energy goals and create local jobs. Sopogy has installations in place or in progress in the US, Mexico, Japan and Papua New Guinea, with agreements for further systems in China, Thailand, and the Philippines.

Darren T. Kimura, President and CEO of Sopogy said, “Given the quality and quantity of companies vying for this title, we are really honored to have been selected as the APEC Business Innovation winner for Honolulu.”

Asia-Pacific Economic Cooperation, or APEC, is a 21-member association of economies from the Asia-Pacific region working together to advance regional economic integration and prosperity. During 2009 APEC Summit in Singapore, President Barack Obama announced Honolulu, Hawaii as the host city for the 2011 Leaders Meeting.

Sopogy’s patented MicroCSP technology uses mirrors and optics to intensify the heat from the sun creating thermal energy. Thermal energy is the fuel for efficient, renewable power generation, air conditioning, and process heat. Sopogy’s collectors are about one-third the size of a traditional solar parabolic trough systems and can generate 30% more energy than fixed-mounted PV panels. Sopogy’s proprietary thermal storage system stabilizes volatile production when cloudy and prolongs production after sunset. Founded in Hawaii in 2006, Sopogy has deployed 18 MicroCSP systems around the world.

www.sopogy.com.