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PROJECT ASSETS, NET
12 Months Ended
Dec. 31, 2016
PROJECT ASSETS [Abstract]  
PROJECT ASSETS, NET
16.
PROJECT ASSETS, NET
 
Project assets represent the overseas solar projects operated by the Company after the disposition of downstream solar projects. In the year ended December 31,2016, the Company obtained two small solar projects in Italy as the settlement of the accounts receivables. In addition, the Company commenced developing solar power projects in overseas which are still under construction. Project assets and related accumulated depreciation are as follows:
 
 
 
As of December 31,
 
 
 
2015
 
2016
 
 
 
RMB
 
RMB
 
Completed
 
 
-
 
 
30,188,445
 
Under construction
 
 
-
 
 
31,935,354
 
 
 
 
 
 
 
 
 
Less: Accumulated depreciation
 
 
-
 
 
(7,060,303)
 
Project Assets, net
 
 
-
 
 
55,063,496