Majority owned by China-based Tianwei New Energy, Hoku Corporation is to become the primary distributor of its modules in the rapidly growing North American market.
Hoku said it had established offices in Southern California and would initially focus on developing key sales channels within the commercial and residential segments. However, both companies would work concurrently to expand sales into the utility market.
“This new PV products division represents the first of several steps forward in our continued expansion of Hoku's global market presence,” commented Scott Paul, chief executive officer of Hoku Corporation. “It will provide a strong complement to our existing solar projects business, and we look forward to supplying Tianwei New Energy's modules to project developers, PV integrators and utility customers throughout North America.”
“North America is an important, growing market in the solar industry, and Tianwei is very pleased to have Hoku leadership in our strategic North American expansion,” added Zhengfei Gao, general manager of Tianwei New Energy, and a director of Hoku Corporation.