Canadian Solar Inc. announced it plans to partner with Photowatt and ECM Greentech. The three companies intend to set up a joint venture 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 partners are pioneers in high performance of casting mono technology, which gives the JV the potential to deliver the mono-crystalline silicon solar performance at the multi-crystalline cost. Meanwhile, the technology developed by the JV partners would contribute to one of the lowest carbon footprints in manufacturing solar products. France is a leader in low-carbon ingot and wafer production.