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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating activities:      
Net income (loss) $ (77,862) $ 363,634 $ 298,555
Adjustments to net income (loss):      
Depreciation and amortization 501,443 307,040 234,559
Write-down of inventories 151,957 113,079 7,475
Allowance for credit losses 39,060 12,014 5,773
Impairment loss of property, plant and equipment 65,285 5,938 60,330
Impairment loss of project assets 33,052 16,239 1,674
Impairment loss of solar power systems 21,400 0 0
Impairment loss of investments in affiliates 600   357
Share-based compensation 21,404 55,335 9,370
Deferred taxes (98,205) (17,908) 16,908
Loss on change in fair value of derivatives, net 51,400 27,504 44,489
Loss (gain) on change in fair value of other financial assets 590 (12,696)  
Equity in losses (earnings) of affiliates 12,136 (14,610) (15,440)
Non-cash operating lease expenses 35,893 18,844 13,208
Accretion of green bonds and convertible notes 3,413 2,145 1,302
Others 5,109 (2,206) 1,712
Changes in operating assets and liabilities:      
Accounts receivable trade (221,479) 58,985 (357,276)
Accounts receivable, unbilled (42,487) (43,571) (23,367)
Inventories (312,522) 182,767 (406,343)
Project assets (697,813) (349,830) (302,839)
Advances to suppliers 62,461 54,915 (52,893)
Accounts payable 268,207 13,115 351,535
Short-term notes payable (221,218) (590,418) 721,039
Advances from customers (184,262) 59,383 209,855
Prepaid expenses and other current assets (99,716) (22,277) 151,663
Value added tax recoverable (65,211) (5,985) (43,881)
Net settlement of derivatives (49,134) (39,133) (31,851)
Other payables 90,841 169,944 (417)
Other liabilities (104,328) 337,055 68,492
Others (75,338) (14,687) (47,358)
Net cash provided by (used in) operating activities (885,324) 684,615 916,631
Investing activities:      
Purchase of property, plant and equipment and intangible assets (1,112,834) (1,116,461) (627,115)
Purchase of solar power and battery energy storage systems (757,577) (408,999) (882)
Investment in affiliates (28,815) (113,404) (19,355)
Acquisition of subsidiaries, net of cash (10,913) (9,448)  
Investment in bank time deposits and structured deposits (64,650)    
Others 12,532 (23,104) 16,864
Net cash used in investing activities (1,962,257) (1,671,416) (630,488)
Financing activities:      
Proceeds from short-term borrowings 1,774,846 1,566,240 1,387,537
Repayments of short-term borrowings (1,550,809) (1,603,571) (1,695,563)
Proceeds from long-term borrowings 1,449,754 1,016,931 770,368
Proceeds from issuance of green bonds   121,023  
Repayments of finance lease obligations (72,211) (39,801) (19,217)
Proceeds from subsidiary's issuance of preferred shares, net of $17,756 in transaction costs 482,244    
Capital contributions from tax equity investors in subsidiaries 226,935    
Proceeds from subsidiary's offering of equity interests, net of $38,995 in transaction costs   927,897  
Repurchase of shares by subsidiary (79,582)    
Distributions to non-controlling interests (27,609) (3,990)  
Proceeds from sales-leaseback arrangements 56,057 91,648  
Others 60,146 (23,549) (14,486)
Net cash provided by financing activities 2,319,771 2,052,828 428,639
Effect of exchange rate changes (154,601) (89,098) (179,561)
Net increase (decrease) in cash, cash equivalents and restricted cash (682,411) 976,929 535,221
Cash, cash equivalents and restricted cash, beginning of year 2,946,432 1,969,503 1,434,282
Cash, cash equivalents and restricted cash, end of year 2,264,021 2,946,432 1,969,503
Supplemental disclosure of cash flow information:      
Interest paid, net of amounts capitalized 130,964 121,665 76,511
Income taxes paid, net of tax refunds 113,911 83,077 77,400
Supplemental schedule of non-cash activities:      
Reclassification of project assets to solar power and battery energy storage systems 312,773 119,067 263,710
Reclassification of inventories to solar power and battery energy storage systems 111,525 46,197  
Borrowings assumed by third parties in connection with project asset sales   161,709 193,578
Property, plant and equipment costs included in other payables $ 478,573 $ 933,029 $ 549,883