Note 14. Debt (Details) $ in Thousands, AUD in Millions, ₨ in Billions, ¥ in Billions |
12 Months Ended |
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Dec. 31, 2017
USD ($)
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Dec. 31, 2016
USD ($)
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Dec. 31, 2015
USD ($)
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Dec. 31, 2017
INR (₨)
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Nov. 30, 2017
USD ($)
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Jun. 30, 2017
USD ($)
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Jun. 30, 2017
JPY (¥)
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Mar. 31, 2017
USD ($)
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Mar. 31, 2017
AUD
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Dec. 31, 2016
INR (₨)
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Dec. 31, 2016
JPY (¥)
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Nov. 30, 2016
USD ($)
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Nov. 30, 2016
INR (₨)
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Mar. 31, 2016
USD ($)
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Mar. 31, 2016
INR (₨)
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Sep. 30, 2015
USD ($)
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Sep. 30, 2015
JPY (¥)
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Mar. 31, 2015
USD ($)
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Mar. 31, 2015
INR (₨)
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Long-term Debt [Abstract] |
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Long-term debt, gross |
$ 406,544
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$ 197,253
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Less: unamortized discount discount and issuance costs |
(13,004)
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(8,865)
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Total long-term debt |
393,540
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188,388
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Less: current portion |
(13,075)
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(27,966)
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Noncurrent portion |
380,465
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160,422
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Interest Paid |
10,200
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4,300
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$ 15,200
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Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months |
13,062
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Long-term Debt, Maturities, Repayments of Principal in Year Two |
11,137
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Long-term Debt, Maturities, Repayments of Principal in Year Three |
19,639
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Long-term Debt, Maturities, Repayments of Principal in Year Four |
10,179
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Long-term Debt, Maturities, Repayments of Principal in Year Five |
58,898
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Long-term Debt, Maturities, Repayments of Principal after Year Five |
293,473
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Total long-term debt future principal payments |
$ 406,388
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Revolving Credit Facility [Member] |
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Long-term Debt [Abstract] |
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Debt Instrument, Currency |
USD
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Revolving credit facility |
$ 0
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0
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Line of Credit Facility, Current Borrowing Capacity |
500,000
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Line of Credit Facility, Maximum Borrowing Capacity |
$ 750,000
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Debt Instrument, Description of Variable Rate Basis |
Borrowings under the amended and restated facility bear interest at (i) London Interbank Offered Rate (“LIBOR”), adjusted for Eurocurrency reserve requirements, plus a margin of 2.00% or (ii) a base rate as defined in the credit agreement plus a margin of 1.00% depending on the type of borrowing requested
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Letters of Credit Outstanding, Amount |
$ 57,500
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125,000
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Line of Credit Facility, Unused Capacity, Commitment Fee Percentage |
0.30%
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Fronting fee |
0.125%
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Line of Credit Facility, Letter of Credit Sub-Limit |
$ 400,000
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Debt Instrument, Interest Rate, Stated Percentage |
3.56%
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3.56%
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Revolving Credit Facility [Member] | Minimum [Member] |
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Long-term Debt [Abstract] |
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Debt Instrument, Basis Spread on Variable Rate |
1.00%
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Revolving Credit Facility [Member] | Maximum [Member] |
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Long-term Debt [Abstract] |
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Debt Instrument, Basis Spread on Variable Rate |
2.00%
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Luz del Norte Credit Facilities [Member] |
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Long-term Debt [Abstract] |
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Debt Instrument, Currency |
USD
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Long-term debt, gross |
$ 185,675
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180,939
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Luz del Norte Credit Facilities [Member] | OPIC [Member] | Parque Solar Fotovoltaico Luz del Norte SpA [Member] |
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Long-term Debt [Abstract] |
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Long-term debt, gross |
139,000
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125,100
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Luz del Norte Credit Facilities [Member] | IFC [Member] | Parque Solar Fotovoltaico Luz del Norte SpA [Member] |
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Long-term Debt [Abstract] |
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Long-term debt, gross |
$ 46,600
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42,200
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Luz del Norte Credit Facilities [Member] | OPIC and IFC [Member] |
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Long-term Debt [Abstract] |
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Debt Instrument, Description of Variable Rate Basis |
Variable rate loans at 91-Day U.S. Treasury Bill Yield or LIBOR plus 3.50%
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Debt Instrument, Description of Fixed Rate Basis |
Fixed rate loans at bank rate plus 3.50%
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Debt Instrument, Basis Spread on Fixed Rate |
3.50%
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Debt Instrument, Basis Spread on Variable Rate |
3.50%
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Luz del Norte Credit Facilities [Member] | OPIC and IFC [Member] | Parque Solar Fotovoltaico Luz del Norte SpA [Member] |
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Long-term Debt [Abstract] |
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Debt Instrument, Collateral Amount |
$ 330,500
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Luz del Norte Credit Facilities [Member] | Banco de Crédito e Inversiones [Member] | Parque Solar Fotovoltaico Luz del Norte SpA [Member] |
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Long-term Debt [Abstract] |
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Long-term debt, gross |
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13,700
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Luz del Norte Credit Facilities [Member] | Fixed Rate Term Loan [Member] | OPIC and IFC [Member] |
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Long-term Debt [Abstract] |
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Long-term debt, gross |
165,400
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Luz del Norte Credit Facilities [Member] | Variable Rate Term Loan [Member] | OPIC and IFC [Member] |
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Long-term Debt [Abstract] |
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Long-term debt, gross |
$ 20,300
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Ishikawa Credit Agreement [Domain] |
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Long-term Debt [Abstract] |
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Debt Instrument, Currency |
JPY
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Long-term debt, gross |
$ 121,446
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0
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Ishikawa Credit Agreement [Domain] | Mizuho Bank [Member] | FS Japan Project 12 GK [Member] |
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Long-term Debt [Abstract] |
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Long-term debt, gross |
$ 121,400
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0
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Line of Credit Facility, Current Borrowing Capacity |
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242,600
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¥ 27.3
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Line of Credit Facility, Senior Loan Sub-Limit |
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213,300
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24.0
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Line of Credit Facility, Consumption Tax Sub-Limit |
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18,700
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2.1
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Line of Credit Facility, Letter of Credit Sub-Limit |
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10,700
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¥ 1.2
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Japan Credit Facility [Member] |
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Long-term Debt [Abstract] |
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Debt Instrument, Currency |
JPY
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Long-term debt, gross |
$ 10,710
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9,477
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Japan Credit Facility [Member] | Mizuho Bank [Member] |
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Long-term Debt [Abstract] |
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Debt Instrument, Description of Variable Rate Basis |
1-month TIBOR plus 0.5%
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Debt Instrument, Basis Spread on Variable Rate |
0.50%
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Japan Credit Facility [Member] | Mizuho Bank [Member] | First Solar Japan GK [Member] |
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Long-term Debt [Abstract] |
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Long-term debt, gross |
$ 10,700
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9,500
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Line of Credit Facility, Current Borrowing Capacity |
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$ 35,600
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¥ 4.0
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Tochigi Credit Facility [Member] |
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Long-term Debt [Abstract] |
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Debt Instrument, Currency |
JPY
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Long-term debt, gross |
$ 0
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0
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Tochigi Credit Facility [Member] | Mizuho Bank [Member] |
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Long-term Debt [Abstract] |
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Debt Instrument, Description of Variable Rate Basis |
3-month TIBOR plus 1.0%
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Debt Instrument, Basis Spread on Variable Rate |
1.00%
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Tochigi Credit Facility [Member] | Mizuho Bank [Member] | First Solar Japan GK [Member] |
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Long-term Debt [Abstract] |
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Long-term debt, gross |
$ 0
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Line of Credit Facility, Current Borrowing Capacity |
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$ 62,200
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¥ 7.0
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Mahabubnagar Credit Facility [Member] | Axis Bank [Member] | Mahabubnagar Solar Parks Private Limited [Member] |
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Long-term Debt [Abstract] |
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Long-term debt, gross |
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$ 7,400
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Marikal and Mahabubnagar Credit Facilities [Member] |
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Long-term Debt [Abstract] |
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Debt Instrument, Currency |
INR
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Long-term debt, gross |
$ 7,384
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4,067
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Marikal and Mahabubnagar Credit Facilities [Member] | Axis Bank [Member] | Marikal Solar Parks Private Limited and Mahabubnagar Solar Parks Private Limited [Member] |
|
|
|
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|
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|
|
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|
Long-term Debt [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term debt, gross |
$ 7,400
|
4,100
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Line of Credit Facility, Current Borrowing Capacity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 17,200
|
₨ 1.1
|
Letters of Credit Outstanding, Amount |
|
11,200
|
|
₨ 0.0
|
|
|
|
|
|
₨ 0.8
|
|
|
|
|
|
|
|
|
|
Line of Credit Facility, Letter of Credit Sub-Limit |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 12,500
|
₨ 0.8
|
Marikal Credit Facility [Member] | Axis Bank [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term Debt [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Description of Variable Rate Basis |
Bank rate plus 2.35%
|
|
|
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|
|
|
|
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|
|
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|
|
|
|
Debt Instrument, Basis Spread on Variable Rate |
2.35%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Marikal Credit Facility [Member] | Axis Bank [Member] | Marikal Solar Parks Private Limited [Member] |
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|
|
|
|
|
|
|
|
|
|
|
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|
|
Long-term Debt [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
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|
|
|
|
|
|
Debt Instrument, Collateral Amount |
$ 89,700
|
|
|
|
|
|
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|
Polepally Credit Facility [Member] |
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|
|
|
|
Long-term Debt [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Currency |
INR
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term debt, gross |
$ 0
|
2,208
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
|
|
|
Polepally Credit Facility [Member] | Axis Bank [Member] | Polepally Solar Parks Private Limited [Member] |
|
|
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|
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|
|
|
Long-term Debt [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term debt, gross |
|
2,200
|
|
|
$ 1,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Line of Credit Facility, Current Borrowing Capacity |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 20,400
|
₨ 1.3
|
|
|
|
|
Letters of Credit Outstanding, Amount |
|
15,300
|
|
|
|
|
|
|
|
1.0
|
|
|
|
|
|
|
|
|
|
Line of Credit Facility, Letter of Credit Sub-Limit |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 17,200
|
₨ 1.1
|
|
|
|
|
Hindupur Credit Facility [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term Debt [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Currency |
INR
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term debt, gross |
$ 18,722
|
0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Hindupur Credit Facility [Member] | Yes Bank Limited [Member] |
|
|
|
|
|
|
|
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|
|
|
|
|
|
|
|
|
|
|
Long-term Debt [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Description of Variable Rate Basis |
Bank rate plus 1.0%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Basis Spread on Variable Rate |
1.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Hindupur Credit Facility [Member] | Yes Bank Limited [Member] | Hindupur Solar Parks Limited [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term Debt [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term debt, gross |
$ 18,700
|
0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Line of Credit Facility, Current Borrowing Capacity |
|
|
|
|
|
|
|
|
|
|
|
$ 67,300
|
₨ 4.3
|
|
|
|
|
|
|
Letters of Credit Outstanding, Amount |
45,400
|
|
|
₨ 2.9
|
|
|
|
|
|
₨ 0.0
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Collateral Amount |
$ 101,400
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Line of Credit Facility, Letter of Credit Sub-Limit |
|
|
|
|
|
|
|
|
|
|
|
$ 50,100
|
₨ 3.2
|
|
|
|
|
|
|
Manildra Credit Facility [Domain] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term Debt [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Currency |
AUD
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term debt, gross |
$ 62,451
|
0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Manildra Credit Facility [Domain] | Société Générale S.A. and The Bank of Tokyo-Mitsubishi UFJ, Ltd. [Member] | Manildra Finco Pty Ltd [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term Debt [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term debt, gross |
$ 62,500
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Line of Credit Facility, Current Borrowing Capacity |
|
|
|
|
|
|
|
$ 63,800
|
AUD 81.7
|
|
|
|
|
|
|
|
|
|
|
Line of Credit Facility, Construction Loan Sub-Limit |
|
|
|
|
|
|
|
59,100
|
75.7
|
|
|
|
|
|
|
|
|
|
|
Line of Credit Facility, Goods and Service Tax Sub-Limit |
|
|
|
|
|
|
|
$ 4,700
|
AUD 6.0
|
|
|
|
|
|
|
|
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|
Capital Lease Obligations [Member] |
|
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|
Long-term Debt [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Debt Instrument, Currency |
Various
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term debt, gross |
$ 156
|
$ 562
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Senior Loan Facility [Member] | Ishikawa Credit Agreement [Domain] | Mizuho Bank [Member] |
|
|
|
|
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term Debt [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Description of Variable Rate Basis |
Senior loan facility at 6-month TIBOR plus 0.75% (2)
|
|
|
|
|
|
|
|
|
|
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|
|
|
|
|
|
|
|
Debt Instrument, Basis Spread on Variable Rate |
0.75%
|
|
|
|
|
|
|
|
|
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|
|
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|
|
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|
|
Consumption Tax Facility [Member] | Ishikawa Credit Agreement [Domain] | Mizuho Bank [Member] |
|
|
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|
|
|
|
|
Long-term Debt [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Description of Variable Rate Basis |
Consumption tax facility at 3-month TIBOR plus 0.5%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Basis Spread on Variable Rate |
0.50%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Construction Loans [Member] | Manildra Credit Facility [Domain] | Société Générale S.A. and The Bank of Tokyo-Mitsubishi UFJ, Ltd. [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term Debt [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Description of Variable Rate Basis |
Construction loan facility at 1-month BBSY plus 1.70% (2)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Basis Spread on Variable Rate |
1.70%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Goods and Service Tax Facility [Member] | Manildra Credit Facility [Domain] | Société Générale S.A. and The Bank of Tokyo-Mitsubishi UFJ, Ltd. [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Long-term Debt [Abstract] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Description of Variable Rate Basis |
GST facility at 1-month BBSY plus 1.60%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Instrument, Basis Spread on Variable Rate |
1.60%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|