Projects Under Development

9 Months Ended

Dec. 31, 2023

Projects Under Development [Abstract]

Projects Under Development

5. Projects Under Development

	BESS – SHEAF Project			BESS – Australian Projects		BESS – Italian Projects		FOWE (Fuel Oil Water Emulsification) Development		Total Projects Under Development (PUD)
Balance at October 01, 2023		12,607,479			1,201,970		2,439,757		53,648		16,302,854
Additions		34,342,264			958,281		457,368		–		35,747,913
Disposals		(46,949,743	)		–		–		–		(46,949,743	)
Balance at December 31, 2023		–			2,160,251		2,897,125		53,648		5,111,024

Capitalized costs for Sheaf Project in the current quarter comprise primarily initial payments under the battery supply agreement and balance of plant subcontract, as well as fees for establishment of lending facilities for the project: committed to on November 02, 2023. Capitalized projects under development costs for the BESS Sheaf Project were charged to cost of sales on December 22, 2023 on sale of the project to Sosteneo.