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.
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Expert Collections containing Sopogy
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Sopogy is included in 1 Expert Collection, including Renewable Energy.
Includes companies working on technology to support renewable energy generation.
Sopogy has filed 3 patents.
Atmospheric radiation, Climate engineering, Solar energy, Sun, Photovoltaics
Atmospheric radiation, Climate engineering, Solar energy, Sun, Photovoltaics
Latest Sopogy News
Aug 31, 2016
2012-11-27 HONOLULU, HI, Concentrating solar thermal technology company today announced the closing of its Series E round of preferred stock and warrants led by Mitsui & Co. Click here for more funding data on Sopogy To export Sopogy funding data to PDF and Excel, click here Sopogy, a concentrating solar thermal technology company today announced the closing of its Series E round of preferred stock and warrants led by Mitsui & Co., Ltd. ("Mitsui"). Also participating in the round were new investors Southern California Gas Company, 3M and other key strategic investors. Existing investors, Kolohala Ventures and Enerdigm Ventures also joined the round. "This financing supports the continued commercialization of Sopogy's solar thermal technologies," said Darren T. Kimura, President and CEO. "This accomplishment was made possible because of the determination and support of our outstanding team and committed current investors. In this new financing we are thrilled to be joined by such top tier industry leaders and look forward to continued commercialization with our partners. " Sopogy has pioneered the concept of MicroCSP using its mirrored concentrating solar thermal solar collectors to create high quality thermal heat. This heat is used in the industrial process and as solar steam. The International Energy Agency has estimated that only 17% of final energy consumption is for electricity while 47% of final energy consumption is in the generation of thermal energy1. Sopogy's technologies are poised to capture the thermal energy market by harnessing the power of the sun. "Sopogy is bringing us closer to a future where steam and industrial heat is generated by the sun, replacing fossil fuels. We are proud to support Sopogy in that mission," said Wataru Ebata, General Manager, Principal Investment Division at Mitsui. About Sopogy, Inc. Sopogy revolutionized solar thermal technology with MicroCSP. Developing modular collectors about one-third the size of a traditional concentrated solar power mirror, Sopogy cut the cost of solar thermal energy to a fraction of the cost. Proprietary storage units stabilize volatile energy production when cloudy and prolong production after sunset. Sopogy's thermal energy is the fuel for stable, renewable process heat and solar steam. Please visit www.sopogy.com . About Mitsui & Co., Ltd Mitsui is one of the most diversified and comprehensive trading, investment and service enterprises in the world, with 152 offices in 67 countries as of November 2012. Utilizing global operating locations, network and information resources, Mitsui is multilaterally pursuing business that ranges from product sales, worldwide logistics and financing to the development of major international infrastructure and other projects in the following fields: iron and steel products, mineral and metal resources, infrastructure projects, motor vehicles, marine and aerospace, chemicals, energy, food resources, food products and services, consumer services, IT, finance and new business, and transportation logistics. Mitsui is actively taking on challenges for global business innovation around the world. http://www.mitsui.com/jp/en/index.html (c)2011-2015 by Massinvestor, Inc. For contact info, please check out our about page.
Sopogy Frequently Asked Questions (FAQ)
When was Sopogy founded?
Sopogy was founded in 2006.
Where is Sopogy's headquarters?
Sopogy's headquarters is located at 550 Paiea Street, Honolulu.
What is Sopogy's latest funding round?
Sopogy's latest funding round is Dead.
How much did Sopogy raise?
Sopogy raised a total of $23.41M.
Who are the investors of Sopogy?
Investors of Sopogy include Kolohala Ventures, Southern California Gas, 3M Ventures, Mitsui & Co. Global Investment, Enerdigm Ventures and 4 more.
Who are Sopogy's competitors?
Competitors of Sopogy include NEI Corporation, Hydrovolts, M V Systems, Anteos, Isosceles and 13 more.
Compare Sopogy to Competitors
The SRT Group, Inc. (SRT) is a technology oriented firm focused on developing and licensing energy technologies. SRT has developed and patented advanced halogen-based processes for: nn‚· electrical energy storage,nn‚· renewable hydrogen production,nn‚· biowaste (carbonaceous waste) treatment,nn‚· multi-emission (SOx, NOx, Hg, HAPs) control,nn‚· solar energy conversion to heat & electricity,nn‚· liquid fuel production from hydrogen,nn‚· sour-gas (H2S) sweetening, andnn‚· greenhouse gas reduction. nnThe enforcement of the Clean Air & Water Acts, renewable portfolio standards, growth in peak electric demand, and the rise in oil & natural gas prices create an immediate opportunity for SRT's patented processes. The company's near-term goal is to develop the biowaste to biofuel technology with energy storage, followed by the clean-coal & sour-gas technologies, and eventually SRT's solar processes. The solar technology will integrate all the SRT processes into a benign total energy system suitable for most of the planet.
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The firm aims to promote and inspire the use of solar power and energy efficiency in order to bring the economic benefits of the green economy to Richmond. The company serve the community through solar installation training, educating a new "green-collar" workfor
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