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PROPERTY, PLANT AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2014
PROPERTY, PLANT AND EQUIPMENT, NET  
PROPERTY, PLANT AND EQUIPMENT, NET

7. PROPERTY, PLANT AND EQUIPMENT, NET

           Property, plant and equipment, net consist of the following:

                                                                                                                                                                                    

 

 

At December 31,
2013

 

At December 31,
2014

 

 

 

$

 

$

 

Buildings

 

 

179,807,928

 

 

182,888,575

 

Solar power systems

 

 

 

 

75,344,514

 

Leasehold improvements

 

 

5,790,852

 

 

6,848,620

 

Machinery

 

 

456,349,087

 

 

459,271,771

 

Furniture, fixtures and equipment

 

 

36,549,260

 

 

36,526,271

 

Motor vehicles

 

 

2,954,325

 

 

3,365,166

 

​  

​  

​  

​  

 

 

 

681,451,452

 

 

764,244,917

 

Accumulated depreciation

 

 

(283,885,686

)

 

(349,315,817

)

Impairment

 

 

(3,675,254

)

 

(1,604,737

)

​  

​  

​  

​  

 

 

 

393,890,512

 

 

413,324,363

 

Construction in process

 

 

13,714,467

 

 

56,024,846

 

​  

​  

​  

​  

Property, plant and equipment, net

 

 

407,604,979

 

 

469,349,209

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

           Depreciation expense of property, plant and equipment was $80,644,322, $79,726,604 and $81,068,252 for the years ended December 31, 2012, 2013 and 2014, respectively. Construction in process primarily represents production facilities under construction and the machinery under installation.