Canadian Solar Photowatt and ECM Greentech Plan to Form a JV Company in Low-Carbon Production of Silicon Ingots and Wafers
GUELPH, Ontario, Jan. 9, 2018 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced it plans to partner with Photowatt, a subsidiary of EDF Energies Nouvelles and ECM Greentech, a group that is in the forefront of silicon crystallization equipment and process in France. The three companies intend to set up a joint venture ("JV") specialized in low-carbon production of advanced technology silicon ingots and wafers in France. EDF Energies Nouvelles through its subsidiary Photowatt, Canadian Solar and ECM Greentech would own 60%, 30% and 10% of the equity in the JV respectively. The JV p...
via Canadian Solar Inc. Press Releases http://ift.tt/2CVsne5