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Construction in Progress

9 Months Ended

Jun. 30, 2016

8.	Construction in Progress

Construction in progress as of September 30, 2015 and June 30, 2016 consisted of the following:

		September 30,		June 30,
		2015		2016
Construction in progress	$	13,009,922	$	27,034,230
Prepayment for acquisition of property, plant and equipment		29,451		244,534
Carrying amount	$	13,039,373	$	27,278,764

Construction in progress as of September 30, 2015 and June 30, 2016 is mainly comprised of capital expenditures for the construction of the facilities and production lines of Dalian BAK Power.

For the three months ended June 30, 2015 and 2016, the Company capitalized interest of $103,023 and $241,652, respectively, to the cost of construction in progress.

For the nine months ended June 30, 2015 and 2016, the Company capitalized interest of $294,064 and $732,082, respectively, to the cost of construction in progress.