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Refundable Deposit From Customers For Systems Leasing
6 Months Ended
Jun. 30, 2016
Long Term Payable - Financing Agreement For Sale Lease - Back Transaction / Refundable Deposit From Customers For Systems Leasing [Abstract]  
REFUNDABLE DEPOSIT FROM CUSTOMERS FOR SYSTEMS LEASING

14. REFUNDABLE DEPOSIT FROM CUSTOMERS FOR SYSTEMS LEASING

 

The refundable deposit was mainly for Pucheng, Shenqiu and Yida systems. As of June 30, 2016 and December 31, 2015, the balance of refundable deposit from customers for systems leasing was $1,070,696 for Pucheng and Shengqiu systems, and $1,555,378 for Pucheng, Shenqiu and Yida systems, respectively. In the second quarter of 2016, the Company reclassified the refundable deposit for Yida system to current liability, and will use the deposit to offset the final payment of repurchase price from Yida for repurchasing Coal Oven Gas Power Generation Project.