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PROJECT ASSETS
12 Months Ended
Dec. 31, 2014
PROJECT ASSETS  
PROJECT ASSETS

6. PROJECT ASSETS

           Project assets consist of the following:

                                                                                                                                                                                    

 

 

At December 31,
2013

 

At December 31,
2014

 

 

 

$

 

$

 

Project assets—Acquisition cost

 

 

244,636,069 

 

 

119,060,212 

 

Project assets—EPC and other cost

 

 

260,361,532 

 

 

185,450,721 

 

​  

​  

​  

​  

 

 

 

504,997,601 

 

 

304,510,933 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

Current portion

 

 

344,161,805 

 

 

235,228,186 

 

Non-current portion

 

 

160,835,796 

 

 

69,282,747 

 

           The Company recorded impairment charges for project assets of $nil, $1,557,734 and $2,311,164 for the years ended December 31, 2012, 2013 and 2014, respectively.