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8. Project Assets
12 Months Ended
Dec. 31, 2019
Project Assets  
Project Assets
  8. Project Assets, net

 

Project assets as of December 31, 2019 and 2018 consist of the following:

 

      December 31,     December 31,  
      2019     2018  
  Project assets completed for sale   $ 17,847     $ 21,215  
  Project assets under development     16,490       19,807  
  Total project assets     34,337       41,022  
  Current, net of impairment loss   $ 17,842     $ 24,654  
  Noncurrent, net of impairment loss   $ 16,495     $ 16,368  

 

During the years ended December 31, 2019, 2018 and 2017, impairment losses of $2,455, $nil and $687 were recorded for certain project assets held for development and sale from continuing operations, respectively. The impairment provided for the year ended December 31, 2019 is mainly for the project assets located in Japan.

 

During the years ended December 31, 2019, 2018 and 2017, the Group recognized total revenue from sales of PV project assets and sales of pre-development solar projects of $6,728, $26,603 and $6,042 from continuing operations, respectively, and cost of $7,703, $23,418 and $6,229 from continuing operations were recognized accordingly.