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BORROWINGS (Tables)

12 Months Ended

Dec. 31, 2022

Schedule of bank borrowings


		At December 31,		At December 31,
		2021		2022
		$		$
Short-term borrowings related to project assets⁽¹⁾		474,555		333,521
Other short-term borrowings		1,118,315		1,110,295
Subtotal for short-term borrowings		1,592,870		1,443,816
Long-term borrowings related to project assets		327,216		318,987
Other long-term borrowings		196,418		494,419
Subtotal for long-term borrowings		523,634		813,406
Total		2,116,504		2,257,222

(1)	Includes long-term borrowings that were classified as current liabilities because these borrowings are associated with certain solar and battery storage projects that are expected to be sold within one year.

Schedule of future principal repayments on the long-term borrowings


2023		$	1,443,816
2024			639,862
2025			83,615
2026			31,775
2027			22,475
Thereafter			35,679
Total		$	2,257,222

Schedule of weighted average effective interest rates on borrowings


		At December 31,		At December 31,
		2021		2022
Short-term borrowings		3.0	%	5.3	%
Long-term borrowings		3.5	%	4.1	%

Schedule of interest incurred


		Years Ended December 31,
		2020		2021		2022
		$		$		$
Interest capitalized — project assets		10,197		17,316		26,439
Interest capitalized — solar power systems, net		—		—		18,666
Interest capitalized — property, plant and equipment		154		—		—
Interest expense		71,874		58,153		74,266
Total interest incurred		82,225		75,469		119,371