Quarterly report pursuant to Section 13 or 15(d)

VIE Arrangements - Carrying Amounts and Classification of the VIEs' Assets and Liabilities Included in the Consolidated Balance Sheets (Details)

v3.21.2
VIE Arrangements - Carrying Amounts and Classification of the VIEs' Assets and Liabilities Included in the Consolidated Balance Sheets (Details)
$ in Thousands
9 Months Ended
Sep. 30, 2021
USD ($)
investment_fund
fund
Dec. 31, 2020
USD ($)
Sep. 30, 2020
USD ($)
Dec. 31, 2019
USD ($)
Current assets:        
Cash $ 717,593 $ 519,965 $ 276,052 $ 269,577
Restricted cash 223,380 188,095    
Accounts receivable, net 177,826 95,141    
Inventories 444,519 283,045    
Prepaid expenses and other current assets 31,342 51,483    
Total current assets 1,594,660 1,137,729    
Solar energy systems, net 9,126,451 8,202,788    
Other assets 1,013,349 681,665    
Total assets [1] 16,089,669 14,382,943    
Current liabilities:        
Accounts payable 347,068 207,441    
Distributions payable to noncontrolling interests and redeemable noncontrolling interests 33,350 28,627    
Accrued expenses and other liabilities 364,481 325,614    
Deferred revenue, current portion 109,162 108,452    
Deferred grants, current portion 8,302 8,251    
Non-recourse debt, current portion 193,834 195,036    
Total current liabilities 1,283,626 901,356    
Deferred revenue, net of current portion 739,356 690,824    
Deferred grants, net of current portion 205,684 213,269    
Non-recourse debt, net of current portion 5,343,639 4,370,449    
Other liabilities 188,784 268,684    
Total liabilities [1] $ 8,551,259 7,093,572    
Number of legal structures utilized in investment funds | investment_fund 3      
Variable Interest Entities        
Current assets:        
Cash $ 311,416 219,502    
Restricted cash 48,293 34,559    
Accounts receivable, net 58,102 35,152    
Inventories 50,226 23,306    
Prepaid expenses and other current assets 2,607 2,629    
Total current assets 470,644 315,148    
Solar energy systems, net 7,252,540 6,748,127    
Other assets 160,048 127,591    
Total assets 7,883,232 7,190,866    
Current liabilities:        
Accounts payable 28,824 15,609    
Distributions payable to noncontrolling interests and redeemable noncontrolling interests 33,350 28,577    
Accrued expenses and other liabilities 28,723 24,660    
Deferred revenue, current portion 42,793 44,906    
Deferred grants, current portion 999 1,007    
Non-recourse debt, current portion 59,257 31,594    
Total current liabilities 193,946 146,353    
Deferred revenue, net of current portion 466,149 493,161    
Deferred grants, net of current portion 24,945 25,891    
Non-recourse debt, net of current portion 1,389,908 1,160,817    
Other liabilities 25,477 31,745    
Total liabilities $ 2,100,425 $ 1,857,967    
Number of legal structures utilized in investment funds | fund 6      
[1] The Company’s consolidated assets as of September 30, 2021 and December 31, 2020 include $7,883,232 and $7,190,866, respectively, in assets of variable interest entities (“VIEs”) that can only be used to settle obligations of the VIEs. These assets include solar energy systems, net, as of September 30, 2021 and December 31, 2020 of $7,252,540 and $6,748,127, respectively; cash as of September 30, 2021 and December 31, 2020 of $311,416 and $219,502, respectively; restricted cash as of September 30, 2021 and December 31, 2020 of $48,293 and $34,559, respectively; accounts receivable, net as of September 30, 2021 and December 31, 2020 of $58,102 and $35,152, respectively; inventories as of September 30, 2021 and December 31, 2020 of $50,226 and 23,306, respectively; prepaid expenses and other current assets as of September 30, 2021 and December 31, 2020 of $2,607 and $2,629, respectively; and other assets as of September 30, 2021 and December 31, 2020 of $160,048 and $127,591, respectively. The Company’s consolidated liabilities as of September 30, 2021 and December 31, 2020 include $2,100,425 and $1,857,967, respectively, in liabilities of VIEs whose creditors have no recourse to the Company. These liabilities include accounts payable as of September 30, 2021 and December 31, 2020 of $28,824 and $15,609, respectively; distributions payable to noncontrolling interests and redeemable noncontrolling interests as of September 30, 2021 and December 31, 2020 of $33,350 and $28,577, respectively; accrued expenses and other current liabilities as of September 30, 2021 and December 31, 2020 of $28,723 and $24,660, respectively; deferred revenue as of September 30, 2021 and December 31, 2020 of $508,942 and $538,067, respectively; deferred grants as of September 30, 2021 and December 31, 2020 of $25,944 and $26,898, respectively; non-recourse debt as of September 30, 2021 and December 31, 2020 of $1,449,165 and $1,192,411, respectively; and other liabilities as of September 30, 2021 and December 31, 2020 of $25,477 and $31,745, respectively.