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Construction in Progress
 3 Months Ended
Dec. 31, 2016
Construction in Progress [Text Block]
8.

Construction in Progress

Construction in progress as of September 30, 2016 and December 31, 2016 consisted of the following:

      September 30,     December 31,  
      2016     2016  
  Construction in progress $ 32,139,329   $ 33,277,338  
  Prepayment for acquisition of property, plant and equipment   182,585     179,705  
  Carrying amount $ 32,321,914   $ 33,457,043  

Construction in progress as of September 30, 2016 and December 31, 2016 was mainly comprised of capital expenditures for the construction of the facilities and production lines of Dalian BAK Power.

For the three months ended December 31, 2015 and 2016, the Company capitalized interest of $248,092 and $365,863, respectively, to the cost of construction in progress.