China Technology Development (CTDC) surged over 30% today with heavy volume after they announced a plan to acquire a 51% equity interest in China Technology Solar Power. Upon closing of the deal, the two companies will develop a 100MW grid connected solar project in Delingha City in the Quinghai Province. CTDC believes the purchase will further its goal of becoming a fully integrated solar company with the capability to design, build and operate solar plants. … Read the rest