China Technology Development Group Corporation announced that it has entered into a number of cooperation framework agreements with several PV industry players regarding cooperation on PV projects with a total of 2.123GW capacity in the coming three years. CTDC has been involved in conversations with several local and overseas companies in the solar industry for the discussion of cooperation opportunities on future solar power projects. Up to August 31, 2012, the company has signed a total of four cooperation framework agreements.

Within the next 3 years, CTDC will take an intermediary role as a coordinator among different parties for the upcoming PV projects and will be remunerated for a commission fee based on the services provided.