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Construction in Progress

12 Months Ended

Dec. 31, 2016

Construction in Progress [Abstract]

CONSTRUCTION IN PROGRESS

8. CONSTRUCTION IN PROGRESS

Construction in progress was for constructing power generation systems. As of December 31, 2016 and 2015, the Company’s construction in progress included:

		2016				2015
Xuzhou Zhongtai		$	-			$	28,100,201
Xuzhou Huayu			23,525,925				29,752,270
Xuzhou Tian’an			32,471,977				26,909,193
Boxing County Chengli			30,495,280				30,760,404
Total		$	86,493,182			$	115,522,068

As of December 31, 2016, the Company was committed to pay an additional (1) $11.53 million for Xuzhou Huayu project, (2) $4.00 million for Xuzhou Tian’an project, and (3) $4.45 million for Boxing County Chengli project.

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The entire disclosure for long-term contracts or programs.

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-Publisher FASB
-Name Accounting Standards Codification
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Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 605
-SubTopic 35
-URI http://asc.fasb.org/subtopic&trid=2197326

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