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Hoku Won't See Power Cut Off, Brokers New Deal With Idaho Power

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Hoku Materials, the Honolulu-based polysilicon maker, which has been struggling to get its Pocatello solar manufacturing plant up and running, has reached an agreement with Idaho Power that would see its power bills substantially reduced.

Hoku was threanted with having its power shut off by Idaho Power for non payment of a $1.9 billion bill, due in November 2011.…

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