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PROJECT ASSETS

12 Months Ended

Dec. 31, 2023

PROJECT ASSETS

PROJECT ASSETS

5. PROJECT ASSETS

Project assets consist of the following:

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​	​	​	​	​
​	​	At December 31,	​	At December 31,
​		2022		2023
​	​	$	​	$
Project assets — Development cost, including project acquisition and land cost	​	444,858	​	651,920
Project assets — EPC and other construction cost	​	379,635	​	205,666
​	​	824,493	​	857,586
Current portion	​	385,964	​	280,793
Non-current portion	​	438,529	​	576,793

​

The Company recorded impairment loss on project assets of $17,152, $1,674 and $16,239 for the years ended December 31, 2021, 2022 and 2023, respectively. Interest capitalized during development and construction of project assets was $17,316, $26,439 and $27,676 for the years ended December 31, 2021, 2022 and 2023, respectively.

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The entire disclosure for information relating to project assets.

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