Hoku Solar to Install PV on Oahu

Prudential Locations, LLC, Hawaii’s largest locally owned and operated real estate company, announced today that it has selected Hoku Solar, a wholly owned subsidiary of Hoku Scientific, Inc.that designs, engineers and installs turnkey photovoltaic (PV) power systems, to install a PV power system on Prudential Locations’ Oahu headquarters.

Hoku Solar plans to install an 87-kilowatt PV system at Prudential Locations’ Kapahulu Avenue office building. The system is expected to generate more than 136,000 kilowatt hours of clean, solar electricity each year. The solar power project is part of an ongoing renovation of Prudential Locations’ flagship office and contributes directly toward the company’s corporate sustainability initiative.

Once installed, Prudential Locations’ PV system is expected to produce enough electricity over its lifetime to power the equivalent of three hundred eighty-two homes for one year. Environmentally, it is expected to offset nearly 2,160 tons of carbon dioxide emissions — the equivalent of removing more than 139 cars from Hawaii’s roadways.

“Hoku is pleased to partner with Prudential Locations to complete this important project,” said Dustin Shindo, chief executive officer of Hoku Scientific. “Not only does PV make good business sense in Hawaii, Prudential is showing great community leadership by investing in clean, renewable energy for their Honolulu offices.”

“Our collaboration with Hoku to invest in new, innovative technology is one of many sustainability efforts that allow us to do our part to reduce our environmental footprint,” said Bill Chee, president and CEO of Prudential Locations. “We view this as a long-term partnership between our companies, and it is clear that Hoku shares Prudential’s focus on exemplary customer service.”

About Hoku Scientific, Inc.
Hoku Scientific is a diversified clean energy technologies company with three business units: Hoku Materials, Hoku Solar and Hoku Fuel Cells. Hoku Materials plans to manufacture, market, and sell polysilicon for the solar market from its plant currently under construction in Pocatello, Idaho. Hoku Solar is marketing and plans to install turnkey photovoltaic systems in Hawaii. Hoku Fuel Cells has developed proprietary fuel cell membranes and membrane electrode assemblies for stationary and automotive proton exchange membrane fuel cells.

For more information visit www.hokuscientific.com

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