The troubled Hoku solar panel plant in Pocatello got a $10 million infusion of cash from its Chinese Communist parent company this week which should allow them to pay their Idaho Power bill before the plug is pulled.
In action before the Idaho Public Utilities Commission, Hoku has sought to amend a contract with Idaho Power and prevent the electricity provider from cutting the power. To date Hoku has run up a bill of nearly $4 million.
They wanted to pay the bill from a deposit and later replenish the deposit. Idaho Power countered saying they wanted to take the deposit and then give Hoku a “firm date” to shut off the power.
To insure more advertising-free Boise Guardian news, please consider financial support.