CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2012
Mar. 31, 2012
Current:    
Cash and cash equivalents $ 6,312,620 $ 4,433,051
Restricted cash 2,995,000 2,920,000
Trade accounts receivable 789,423 335,721
Cash grant receivable 10,653,382 0
Other current assets 717,301 1,004,848
Total current assets 21,467,726 8,693,620
Deposit on mineral rights purchase 200,000 200,000
Investment in equity securities 79,427 92,497
Operating security deposit for Power Purchase Agreement 1,426,700 0
Property, plant and equipment, net of accumulated depreciation 201,236,634 193,867,155
Intangible assets, net of accumulated amortization 16,097,175 16,177,596
Total assets 240,507,662 219,030,868
Current Liabilities:    
Accounts payable and accrued liabilities 544,475 1,637,294
Accounts payable, construction 3,149,091 28,564,315
Related party accounts payable 11,052 2,087
Current portion of capital lease obligations 52,044 14,183
Note payable, bridge loan 7,500,000 7,500,000
Retention payable 8,089,704 0
Total current liabilities 19,346,366 37,717,879
Long-term Liabilities:    
Retention payable 0 8,374,762
Convertible loan payable 2,125,000 2,125,000
Long-term portion of capital lease obligations 80,621 0
Construction loans payable 101,052,644 58,995,708
Total long-term liabilities 103,258,265 69,495,470
Total liabilities 122,604,631 107,213,349
Commitments and Contingencies 0 0
STOCKHOLDERS' EQUITY    
Capital stock (authorized: 250,000,000 common shares with a $0.001 par value; issued and outstanding shares at September 30, 2012 and March 31, 2012 were: 89,705,948 and 85,080,445; respectively) 89,706 85,080
Additional paid-in capital 95,285,973 93,475,298
Accumulated other comprehensive income 9,932 23,002
Accumulated deficit (33,227,277) (31,530,306)
Total stockholders' equity, before Non-Controlling interest 62,158,334 62,053,074
Non-controlling interests 55,744,697 49,764,445
Total stockholders' equity 117,903,031 111,817,519
Total liabilities and stockholders' equity $ 240,507,662 $ 219,030,868