Hoku Scientific expects $30M loan installment from Tianwei
Hoku Scientific Inc. said it expects to receive a $30 million installment of loan proceeds from Tiawnwei New Energy Holdings Co. this month, allowing it to resume with certain construction work on a polysilicon manufacturing plant.
Honolulu-based Hoku said it had entered a change order with Stone & Webster Inc. allowing immediately resumption of work on certain critical path items at the Idaho-based plant.