CTDC Announces PV Application Lab Set up with ISEC-UNIDO

Shirley · Joined: 19 Sep 2007 Posts: 2 Location: 9720 S Eller Rd

HONG KONG - November 17, 2009 - China Technology Development Group Corporation (Nasdaq: CTDC; "CTDC" or "the Company"), a growing integrated clean energy group based in China to provide solar energy products and solutions, today announced that China Technology Solar Power Holdings Limited ("CTSP") entered into cooperation agreement with United Nations Industrial Development Organization International Solar Energy Center for Technology Promotion and Transfer ("ISEC-UNIDO") to co-establish the International Photovoltaic Application Laboratory (the "PV Lab") on November 14, 2009 in Lanzhou, Gansu Province.

Pursuant to the cooperation agreement, the PV Lab will be mainly engaged in the testing and certification of PV products such as solar modules and inverters, etc. Another major research focus will be on how to deploy PV products to build up on-grid and off-grid solar power systems at high altitudes areas. The Delingha 100MW grid-connected Solar Power Project developed by CTSP will become an important experimental base for the PV lab to provide data for scientific research of large-scale on-grid solar farms. In the meantime, the PV Lab will also undertake other domestic and overseas research projects on new energy applications. CTDC, CTSP and ISEC-UNIDO are all hoping the PV Lab to become a world-class laboratory and a National Quality Certification Center of Chinese grid-connected solar modules and application systems in the next few years.

A number of VIPs from United Nations Industrial Development Organization and government officials attended the signing ceremony, including Dr. Kandeh K. Yumkella, UNIDO Director-General, Ms. Monica Oliphant, President of International Solar Energy Society, Mr. Shi Dinghuan, Director General of Chinese Renewable Energy Association, and Mr. Yao Shenhong, Official of Ministry of Commerce of the PRC. Director of ISEC-UNIDO, Mr. Xi Wenhua will serve as Head of the PV Lab. Mr. Li Shun, Chief Engineer of CTSP, will be the Deputy Head to co-chair the operation of the PV Lab.

"We are very pleased with the establishment of the PV Lab between CTSP and ISEC-UNIDO, which will obviously enable us to take the leading role in Chinese PV market and is a major milestone for us. With the strong technical support from ISEC-UNIDO, this alignment will definitely strengthen our competitive advantages in PV market and keep us leading in the emerging and fast growing grid-connected solar power market." commented by Mr. Alan Li, Chairman and CEO of the Company.

UNIDO Director-General, Dr. Kandeh K. Yumkella also extended warm congratulations, "We are delighted to see the great efforts and achievement in solar energy application and deployment in China recently. UNIDO will deliver full support to the solar applications and development in China as China’s PV industry is experiencing an unexpected rapid growth."
http://www.chinactdc.com/templet/en_news.asp?id=781