Hoku Solar to design, build 7 MW solar power facility in Hawaii

Honolulu, Hawaii, March 22, 2012 — Hoku Solar, Inc., a unit of Hoku Corp. that delivers investment-grade solar energy facilities for commercial, institutional and utility clients, signed an agreement with a unit of Alexander & Baldwin, to design and build the 7.2 MW Port Allen Solar Farm for A&B on the island of Kaua'i, Hawaii.

Hoku Solar will partner with Helix Electric, Inc., one of the largest electrical contractors in the U.S., to construct the photovoltaic facility, which is expected to be placed in service in late 2012.

A&B selected the Hoku-Helix project team via competitive bid. Power generated by the Port Allen Solar Farm will be sold by A&B to the island's electrical utility company, Kaua'i Island Utility Cooperative under a 20-year agreement recently approved by the Hawai'i Public Utilities Commission.

In December 2011, Hoku Solar delivered the Kapolei Sustainable Energy Park, a 1.18 MW solar energy facility developed by Forest City Sustainable Resources. The project is the first utility-scale PV facility on O'ahu.

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