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Construction in Progress

12 Months Ended

Dec. 31, 2017

Construction in Progress [Abstract]

CONSTRUCTION IN PROGRESS

8. CONSTRUCTION IN PROGRESS

Construction in progress was for constructing power generation systems. As of December 31, 2017 and 2016, the Company’s construction in progress included:

		2017				2016
Xuzhou Huayu		$	24,976,178			$	23,525,925
Xuzhou Tian’an			37,814,637				32,471,977
Boxing County Chengli			32,375,158				30,495,280
Total		$	95,165,973			$	86,493,182

As of December 31, 2017, the Company was committed to pay an additional (1) $12.24 million for the Xuzhou Huayu project, (2) $4.25 million for the Xuzhou Tian’an project, and (3) $4.72 million for Boxing County Chengli project. The Boxing County Chengli project has finished construction, but is waiting for government approval before beginning operations.

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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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