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ENERGY & UTILITIES | Renewables / Solar
sopogy.com

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Founded Year

2006

Stage

Dead | Dead

Total Raised

$23.41M

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.

Sopogy Headquarter Location

550 Paiea Street Suite 236

Honolulu, Hawaii, 96819,

United States

808-833-4747

Latest Sopogy News

Venture Capital News: Sopogy Announces Close of Series E Funding

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.

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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 2 Expert Collections, including Renewable Energy.

R

Renewable Energy

2,741 items

Includes companies working on technology to support renewable energy generation.

S

Solar

1,123 items

This collection contains upstream and downstream solar companies, as well as those who manufacture and sell products that are powered by solar technology.

Sopogy Patents

Sopogy has filed 3 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

6/8/2007

5/21/2013

Atmospheric radiation, Climate engineering, Solar energy, Sun, Photovoltaics

Grant

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Application Date

6/8/2007

00/00/0000

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Grant Date

5/21/2013

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00/00/0000

Title

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Related Topics

Atmospheric radiation, Climate engineering, Solar energy, Sun, Photovoltaics

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Status

Grant

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Sopogy Web Traffic

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