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28. Segment information
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Segment information

  28. Segment information

 

Operating segments are defined as components of a company which separate financial information is available that is evaluated regularly by the client operating decision maker in deciding how to allocate resources and in assessing performance. The Group’s chief operating decision maker is the Chairman, Mr. Peng. Based on the financial information presented to and reviewed by the chief operating decision maker, the Group has determined that it has a single operating and reporting segment: solar energy products and services. The types of products and services in this single segment primarily include: (i) Sales of PV components, (ii) Sales of pre-development solar project, (iii) Sales of PV project assets, (iv) Electricity revenue under PPAs, (v) Bitcoin mining related business, (vi) Sales of hays and others.

 

Net sales by major product and services are as follows:

 

     For the years ended December 31, 
     2019   2018   2017 
  Sales of PV components  $80,941   $93,547   $111,795 
  Sales of pre-development solar project   (2,835)   15,794     
  Sales of PV project assets   9,563    10,809    6,042 
  Electricity revenue with PPAs   3,368    3,043    2,793 
  Bitcoin mining related business   4,197    1,052     
  Sales of hays and others   2,649    1,337    890 
     $97,883   $125,582   $121,520 

  

Net sales by geographic location are as follows:

 

      For the years ended December 31,  
  Location (a)   2019     2018     2017  
  United Kingdom   $ 979     $ 932     $ 6,903  
  Australia     80,518       91,381       112,174  
  United States     4,320       18,721        
  Greece     1,138       378        
  Japan     9,563       12,437       511  
  Italy     1,365       1,733       1,932  
      $ 97,883     $ 125,582     $ 121,520  

 

  (a) Sales are attributed to countries based on location of customers.

 

Geographic information, which is based upon physical location, for long-lived assets was as follows:

 

  Location 

December 31,

2019

  

December 31,

2018

 
  Greece  $18,121   $2,637 
  United States   16,556    16,368 
  Italy   2,950    9,038 
  Japan   2     
  UK   9,657    9,642 
  Canada   1,190     
  Australia   1,952    2,285 
     $50,428   $39,970