Hoku Corporation Announces Term Extension of $50 Million Loans

Hoku Corporation Announces Term Extension of $50 Million Loans

HONOLULU, HI — (Marketwire) — 02/06/12 — Hoku Corporation (NASDAQ: HOKU), a solar energy products and services company, today announced the extension of the maturity date of $50 million in loans from Tianwei New Energy Holdings Co., Ltd., a leading provider of silicon wafers, photovoltaic (PV) cells, modules and systems, and Hoku-s majority shareholder.As part of Tianwei-s 2009 investment in Hoku, Tianwei provided Hoku with two loans during the first calendar quarter of 2010 totaling $50 mi