Sopogy to Build 50MW Solar Plant in Spain.

The article reports on the deal signed by Sopogy with INYPSA Informes y Poyectos to use its solar thermal technology in a 50 megawatt electric-generation plant in Toledo, Spain. The transaction comes as Sopogy looks to expand beyond its initial focus of Hawaii and California and into the European market. According to Sopogy chief executive Darren Kimura, Europe's feed-in tariffs and other incentives are attractive now as solar project financing in the U.S. has dried up.