Pre-market: Hoku Scientific inks $185 million contract

Kapolei, Hawaii-based clean energy company Hoku Scientific Inc. (Nasdaq: HOKU) announced after Wednesday’s close that it has signed a $185 million contract with German solar power company Solar-Fabrik AG for the sale and delivery of polysilicon over a seven-year period beginning in the second half of 2009. Shares are up $0.74, or 11%, to $7.69.

Shares of Telestone Technologies Corp. (Nasdaq: TSTC) are trading higher following news this morning that the Chinese wireless communications company has been chosen as the official provider for China Mobile, which is building test networks in eight cities.

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