Hoku Corp. Struggles to Keep Lights On, Takes Out Another Loan

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Hoku Corp, a local solar company that has been struggling for several years to build a polysilicon plant in Idaho, has taken out a line of credit from a Chinese bank.

The company can borrow up to $10 million, according to an SEC filing. 

The company made news last month when a local utility company in Idaho threatened to cut its electricity if it didn’t pay its $1.9 million bill. 

Maybe they need solar panels?

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