Sopogy, Inc. has entered into a solar power agreement with Spanish Solar Project Developer Inypsa Informes y Proyectos, S.A. and German Solar Project Financer Omniwatt.

The three companies are to develop a 50 MW solar power plant by December 1, 2010 in Toledo, Spain.

While Inypsa, a publically traded Spanish project development firm, has loads of experience in large infrastructure projects, Omniwatt AG, a Germany-based company, specialises in the renewable energy power production, project development and financing of decentralised power plants throughout Europe.

"We are convinced that micro solar thermal generation will be the next revolution in the low-carbon technologies that will define the 21st century," said Jairo González Monje, director general of Inypsa, S.A.

On the occasion of the signing of the agreement, Darren Kimura, president and chief executive officer of Sopogy, said Sopogy's MicroCSP technologies have been designed for these unique markets by bringing advantages over traditional concentrating solar thermal including fast deployment, pre-engineered kits in the 1MW, 5MW and 10MW increments and use and support of local labor for on-site installation.

Sopogy specialises 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. In an interview with CSPToday.com last year, Kimura had said, "Sopogy's approach is 100 percent focused on low first cost of the collector. We are studying and inventing new ways to make the collector faster with high precision, assembly cheaply and operation with low operation and maintenance.  All our IP is around these key areas."