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PROJECT ASSETS

12 Months Ended

Dec. 31, 2022

PROJECT ASSETS

PROJECT ASSETS

5. PROJECT ASSETS

Project assets consist of the following:

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​	​	​	​	​
​	​	At December 31,	​	At December 31,
​		2021		2022
​	​	$	​	$
Project assets — Development cost, including project acquisition and land cost	​	558,244	​	444,858
Project assets — EPC and other construction cost	​	469,117	​	379,635
​	​	1,027,361	​	824,493
Current portion	​	594,107	​	385,964
Non-current portion	​	433,254	​	438,529

​

The Company recorded impairment loss on project assets of $369, $17,152 and $1,674 for the years ended December 31, 2020, 2021 and 2022, respectively. Interest capitalized during development and construction of project assets was $10,197, $17,316 and $26,439 for the years ended December 31, 2020, 2021 and 2022, respectively.

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The entire disclosure for information relating to project assets.

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