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HotOtc Featured Company: China Technology Development Group Corp. (CTDC) Reports Successful Pilot Plant Start-up of Solar Thin-film Base Plate Manufacturing Line

Taking advantage of solar power is beginning to be a more competitive line of business. Companies are announcing advances almost weekly as the race to be the best, most efficient and most profitable accelerates at breakneck speed. Some of the competitors are “garage” type operations, while others have very deep pockets, but all have the chance to grab the commercialization profit prize. It’s just a question of when.

China Technology Development Corp., a Hong Kong based solar energy development company, works to provide solar energy thin film base plate products to solar module manufacturers. The company’s largest share holder is China Merchants Group, a government controlled conglomerate and one of the four largest conglomerates in Hong Kong.

The company is currently focusing its efforts on its base plate technology while forming an alliance with a major photovoltaic solar power manufacturer in the United States with over 30 years of experience in the field. On May 8, 2008, the company announced that its first pilot plant tests were completed for its thin film base plate product and that start-up of the line is expected in June of this year. A current customer base for the company’s product has been solidified, with expected sales requiring 30 lines to fill anticipated orders.

The company appears to have a solid beginning for its base plate solar technology. Customers are in place and initial manufacturing operations are meeting scheduled development plans. It also has a deep pocket shareholder with associated marketing/research and development facilities to take advantage of future possibilities and acquisitions. The company is coming out of its development box and looks to be in a solid position to take advantage of both domestic and international markets.

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