Tag Archives: hoku
Lights Out @ Hoku Solar’s Factory $HOKU
Hoku (Nasdaq:HOKU), in a case of questionable timing, is looking to open up a long-threatened $400 million polysilicon plant in Pocatello, Idaho. That’s if it doesn’t get its electricity turned off by the power company first — or if the essentially Chinese company doesn’t have tariffs levied on its product when it ships polysilicon back [...]
Investors Applaud Hoku’s Recent Moves $HOKU
This is Day 2 of Winner’s Week in which we highlight five clean energy/tech companies whose share priceperformances significantly outperformed the overall markets and theirclean peers during the first half of 2010 and the year from July 1,2009. The spotlight today shines on Hoku Corporation (NASDAQ: HOKU), formerly Hoku Scientific, Inc. Honolulu based, Hokuis a [...]
Hoku Scientific Revises Agreement With Suntech
It’s a busy afternoon for Hoku Scientific (HOKU). The company announced arevised agreement with Suntech Power (STP) which excludes Suntechfrom having to prepay $30 million for future shipments of polysilicon,but potentially allows Hoku to keep the $2 million already paid whichwill be credited to future shipments. The terms have also been shortedto one year and [...]
Hoku Scientific Reports Mixed Results $HOKU
HokuScientific (HOKU) reported earnings results after the bell and traders aren’t impressed. While the company matched analyst estimates with a .03/share loss, theymissed badly on revenues reporting just $776K vs the analyst estimate of $1.4 million. Granted, it’s a big improvement over the 112K theyreported in the year ago quarter, but when you miss that badly, [...]
Hoku Begins Manufacturing Polysilicon At Idaho Plant
Hoku Materials Inc., a wholly owned subsidiary of Hoku Corp., has begunproducing polysilicon at its manufacturing facility inPocatello, Idaho. Hoku produced the material after completing acomprehensive system commissioning protocol, which culminated indeposition runs in a select number of its installed polysiliconreactors. The company says the primary purpose of the testing was toconfirm system integrity and [...]
Hoku Begins Producing Poly At Idaho Facility $HOKU
HokuMaterials just announced that it has actually started producingpolysilicon at its Pocatello, Idaho facility. The plant is currently in a testing phase that it expected to last about 3 weeks. In a press release, Scott Paul, president and chief executive officer of HokuCorporation, commented on the news: “This is a significant milestone for Hoku Materials. [...]
Hoku Scientific Renames Itself Hoku Corp. $HOKU
Hoku Scientific, a materials science company focusedon clean energy technologies, says it has officially changed its name to Hoku Corp. "When we founded the company, the name HokuScientific reflected our core research-driven business developinginnovative fuel-cell technology," explains Dustin Shindo, chairman andCEO. "However, as our business has continued to evolve, we felt the name Hoku Corp. [...]
Hoku Solar (HOKU) To Install 339 KW System for Diagnostic Laboratory Services $hoku
Hoku Solar just announced that it has been selected by DiagnosticLaboratory Services to design, engineer and install a PV solar system.The 339-kilowatt, turnkey PV system will be installed in DiagnosticLaboratory Services’ new headquaters in the old Panasonic warehouse inOahu, Hawaii. Hoku Solar will work on the project with Allied BuildersSystem. In a press release, Dustin [...]
Dustin Shindo Steps Down As Hoku (HOKU) CEO
Hoku just announced that effective March 31, Dustin Shindo will stepdown as Hoku chairman, president and CEO, although he will continue toserve the company in advisory position as a consultant. Shindo advisedthat he was stepping down for “personal reasons.” Mr. Wei Xia, a member of Hoku’s board of directors and vice generalmanager of Baoding Tianwei [...]