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ADVANCES FROM CUSTOMERS (Tables)
12 Months Ended
Dec. 31, 2014
ADVANCES FROM CUSTOMERS [Abstract]  
Schedule of Advances from Customers

Advances from customers consist of the following and is analyzed as long term and short term portion respectively:

 

  December 31,  
    2013     2014  
Customer A*   $ 15,987,573     $ 8,041,836  
Customer G     4,220,355       2,405,619  
Customer H     2,996,550        
Others     1,937,418       262,747  
Total   $ 25,141,896     $ 10,710,202  
Less: Current portion of advances from customers   $ 13,217,775     $ 7,308,535  
Long term advances from customers   $ 11,924,121     $ 3,401,667  

 

*
Pursuant to the terms of the Group's revised supply agreement with this customer the Group will deliver monthly amounts of polysilicon, totaling no less than RMB2.4 million (equivalent of $0.4 million) from April 2014 to September 2016, or until such time as the advance has been fully utilized.