Hoku Scientific Inc., a Kapolei-based technology company, has been selected as the 2007-2008 "Deal of the Year" recipient by the Hawaii chapter of Financial Executives International.

The company was selected for its launch of its Hoku Solar unit, which will manufacture polysilicon and undertake solar electric system installation. The award spotlights creative business strategies, something that boosts the local economy or provides improved products and services.

Past winners include NCL America, Hawaii Pacific Health and the Ko Olina Resort & Marina.