The clean out in the solar-power sector continued on Friday, with Hawaii-based Hoku (HOKU) and...

|About: Hoku Corp (HOKUQ)|By:, SA News Editor

The clean out in the solar-power sector continued on Friday, with Hawaii-based Hoku (HOKU) and Germany's Conergy filing for for liquidation. Hoku filed for Chapter 7 after being unable to attract the money to complete a $700M polysilicon plant following a plunge in prices for the material, which is used in solar panels, due to oversupply. Conergy was once Europe's largest solar company.