Hoku Scientific (HOKU) Higher on Hawaii Public Utilities Commission Contract Approval

May 15, 2008 6:15 PM EDT

Hoku Scientific, Inc. (Nasdaq: HOKU) is 15% higher in after-hours action after announcing the Hawaii Public Utilities Commission has approved a contract for Hawaiian Electric Company to purchase power from a photovoltaic (PV) power system that Hoku Solar, Inc., will install on the roof of Archer Substation at Hawaiian Electric's Ward Avenue facility.


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