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Construction in Progress

6 Months Ended

Jun. 30, 2018

Construction in Progress [Abstract]

CONSTRUCTION IN PROGRESS

8. CONSTRUCTION IN PROGRESS

Construction in progress was for constructing power generation systems. As of June 30, 2018 and December 31, 2017, the Company’s construction in progress included:

		2018				2017
Xuzhou Huayu		$	24,665,136			$	24,976,178
Xuzhou Tian’an			38,979,814				37,814,637
Boxing County Chengli			31,971,973				32,375,158
Total		$	95,616,923			$	95,165,973

As of June 30, 2018, the Company was committed to pay an additional (1) $12.09 million for the Xuzhou Huayu project, (2) $4.19 million for the Xuzhou Tian’an project, and (3) $4.66 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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