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CTDC Announces PV Application Lab Set Up With ISEC-UNIDO

November 18, 2009 (FinancialWire) — China Technology Development Group Corp. (NASDAQ: CTDC) (CTDC” or the company), a growing integrated clean energy group based in China to provide solar energy products and solutions, announced that China Technology Solar Power Holdings Ltd. (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 will 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, Monica Oliphant, president of International Solar Energy Society, Shi Dinghuan, director General of Chinese Renewable Energy Association, and Yao Shenhong, Official of Ministry of Commerce of the PRC. director of ISEC-UNIDO, Xi Wenhua will serve as Head of the PV Lab. Li Shun, Chief Engineer of CTSP, will be the Deputy Head to co-chair the operation of the PV Lab.

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