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09/15/05
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Hoku Corporation,
incorporated in March 2001, is a solar energy products and services company. The Company focused on the design and
development of fuel cell technologies, including Hoku membrane electrode assemblies (MEAs) and Hoku Membranes. The Company has two business units:
Hoku Materials and Hoku Solar. In September 2010, the Company discontinued the operations of its third business unit, Hoku Fuel Cells. Hoku Materials was incorporated
to manufacture polysilicon, a material used in photovoltaic (PV) modules. The Company's solar integration business focuses on the turnkey delivery of commercial,
industrial and utility-scale PV projects,both roof- and ground-mounted.
Hoku Materials
Hoku Corporation installed the first 16 out of a planned total order of 28 Siemens-process reactors at the Polysilicon Plant. As of March 31, 2011, it produced polysilicon using two of the 16 reactors. It produced the material after completing a system commissioning protocol, which culminated in deposition runs in a select number of its installed polysilicon reactors. The primary purpose of the testing was to confirm system integrity and validate operating procedures.
The Company's Hoku Materials segment competes with Hemlock Semiconductor Corporation, Renewable Energy Corporation ASA, Mitsubishi Polycrystalline Silicon America Corporation, Mitsubishi Materials Corporation, Tokuyama Corporation, MEMC Electronic Materials, Inc., OCI Company Ltd., GCL-Poly, LDK Solar Co. Ltd., and Wacker Chemie AG.
Hoku Solar
The Company is a provider in PV system installations. It focuses on designing, engineering and installing turnkey PV systems and related services in Hawaii using solar modules purchased from third-party suppliers.
The Company's Hoku Solar segment competes with SunPower Corporation, SunEdison, Chevron Energy Solutions, REC Solar.