Upon completion, the 18MW project is expected to generate approximately $2 million annually in recurring revenues. New York, New York--(Newsfile Corp. - January 8, 2025) - Alternus Clean Energy, Inc. (NASDAQ: ALCE) ("ALCE", "Alternus" or the "Company") a renewable energy company, today announced that construction on the first of its eleven solar projects in Italy is scheduled to commence in Q2 2025. This milestone solidifies... Read More

LiiON brings major clients like Amazon, Walmart, and NASA Completed acquisition is a significant step in Alternus' transition to become a more comprehensive clean energy provider New York, New York--(Newsfile Corp. - December 12, 2024) - Alternus Clean Energy, Inc. (NASDAQ: ALCE) ("Alternus"), a global provider of international renewable energy solutions, announces today it has completed the acquisition of LiiON, LLC... Read More

Acquisition will bring proven pedigree and expertise in battery storage and support push into Microgrids New York, New York--(Newsfile Corp. - November 25, 2024) - Alternus Clean Energy, Inc. (NASDAQ: ALCE) ("Alternus"), a growing international renewable energy provider, today announces the signing of binding terms with LiiON, LLC, ("LiiON") a U.S.-based expert in advanced energy storage solutions. LiiON was founded in 2009... Read More

New York, New York--(Newsfile Corp. - November 12, 2024) - Alternus Clean Energy, Inc. (NASDAQ: ALCE) ("ALCE", "Company") announces that it recently completed the sale of certain of its SPVs to Alternus Energy Group Plc. ("AEG") a majority shareholder of the Company. As a result, the Company has removed approximately $30 million in debt and payables from the consolidated financials and improved ALCE's shareholder equity by... Read More

Net funds from tax credit transfer reduced existing debt, further deleveraging balance sheet. Fort Mill, South Carolina--(Newsfile Corp. - October 23, 2024) - Alternus Clean Energy, Inc. (NASDAQ: ALCE) ("Alternus"), a leading utility-scale transatlantic, clean energy independent power producer (IPP), has completed its first closing of a tax equity transaction, using the investment tax credit (ITC) structure introduced in the... Read More

Fort Mill, South Carolina--(Newsfile Corp. - October 9, 2024) - Alternus Clean Energy Inc. (NASDAQ: ALCE) ("Alternus"), a leading utility-scale transatlantic, clean energy independent power producer (IPP), today announced that it will effect a 1-for-25 reverse stock split of its common stock. The reverse stock split will become effective at 12:01 a.m. Eastern Time on Friday, October 11, 2024, and the Company's common stock... Read More

Fort Mill, South Carolina--(Newsfile Corp. - October 8, 2024) - Alternus Clean Energy, Inc. (NASDAQ: ALCE) ("Alternus"), announces that on October 3, 2024, by mutual agreement and in furtherance of the Company's balance sheet improvement activities, Solis Bond Company DAC ("Solis"), a company formed under the laws of Ireland and an indirect wholly owned subsidiary of the Company, was sold, along with its subsidiaries in... Read More

Fort Mill, South Carolina--(Newsfile Corp. - September 20, 2024) - Alternus Clean Energy Inc. (NASDAQ: ALCE) ("Alternus", "The Company") received a Delisting Notice from the Listing Qualifications Department of the Nasdaq Stock Market ("Nasdaq") informing the Company that Nasdaq has determined the Company had not regained compliance with the minimum closing bid price requirement for continued listing on The Nasdaq Capital... Read More

Fort Mill, South Carolina--(Newsfile Corp. - September 19, 2024) - Alternus Clean Energy, Inc. (NASDAQ: ALCE) ("Alternus" or the "Company"), a leading utility-scale transatlantic, clean energy independent power producer (IPP), has terminated its MIPSA with C2 Taiyo Fund I, LLP to acquire approximately 80MWp solar installations across 8 U.S. states, originally announced on May 1, 2024, due to seller's failure to meet the... Read More

Three more Wind-Powered Microgrid(TM) projects ordered for Hawaii Fort Mill, South Carolina--(Newsfile Corp. - August 28, 2024) - Alternus Clean Energy Inc. (NASDAQ: ALCE) ("Alternus") is pleased that just ten days after its partner Hover Energy LLC ("Hover") and Hawaii Construction & Development Consulting ("HCDC") announced their first joint renewable microgrid project in Hawaii as part of HCDC's renovation of Union Plaza... Read More

Debt reduced by $80 million(40%) during H1 Additional market focus in microgrids Fort Mill, South Carolina--(Newsfile Corp. - August 27, 2024) - International Renewable Independent Power Producer (IPP) Alternus Clean Energy Inc. (NASDAQ: ALCE) (OTC Pink: ACLEW) (the "Company" or "Alternus") recently announced its unaudited financial results for the three and six months ended June 30, 2024 and additionally restated results... Read More

Microgrid Market forecast to reach over $100 Billion by 2032 Fort Mill, South Carolina--(Newsfile Corp. - August 8, 2024) - Alternus Clean Energy (Nasdaq: ALCE) ("Alternus"), a transatlantic independent clean energy producer, and Hover Energy ("Hover"), a leading international microgrid solutions provider, are proud to announce the launch of a new joint venture company, specifically formed to help data centers and other... Read More

Fort Mill, South Carolina--(Newsfile Corp. - May 16, 2024) - Alternus Clean Energy, Inc. (NASDAQ: ALCE), a leading utility-scale transatlantic, clean energy independent power producer (IPP), announced it has engaged B2i Digital to conduct an investor engagement, education and awareness program. B2i Digital will leverage its targeted marketing expertise to increase awareness of Alternus' unique position in the renewable... Read More

FORT MILL, S.C., May 01, 2024 (GLOBE NEWSWIRE) -- Alternus Clean Energy, Inc. (NASDAQ: ALCE) (“Alternus” or the “Company”), a leading utility-scale transatlantic, clean energy independent power producer (IPP) today announced the signing of definitive agreements with a U.S. based fund to acquire over 80 MWp of operating portfolio spanning across the U.S. The Portfolio consists of 33 projects, distributed across eight states,... Read More

FORT MILL, S.C., April 22, 2024 (GLOBE NEWSWIRE) -- Utility-scale transatlantic clean energy independent power producer Alternus Clean Energy, Inc. (NASDAQ: ALCE) (“Alternus” or the “Company”) today announced the closing of an approximately $2.16 million private placement pursuant to the terms of a securities purchase agreement, dated April 19, 2024, with a certain institutional investor (the “Investor”). The investment is... Read More

• Revenue up by 17.5% YoY • Gross profit up by 25% YoY FORT MILL, S.C., April 15, 2024 (GLOBE NEWSWIRE) -- Utility-scale transatlantic clean energy independent power producer Alternus Clean Energy, Inc. (NASDAQ: ALCE) (“Alternus” or the “Company”) today announced its audited financial results for the full year 2023 under US GAAP format. The 2023 financial report is included in a Form 10-K filed with the Securities and... Read More

FORT MILL, S.C., April 04, 2024 (GLOBE NEWSWIRE) -- Alternus Clean Energy (NASDAQ: ALCE) (“Alternus” or the “Company”), a leading utility-scale transatlantic, clean energy independent power producer (IPP) and Acadia Energy (“Acadia”), a pioneering microgrid and renewable energy developer, today announced a landmark joint venture to co-develop 200 megawatts (MW) of Sustainability Hub™ microgrid projects in New York State. The... Read More

FORT MILL, S.C., March 07, 2024 (GLOBE NEWSWIRE) -- Alternus Clean Energy (NASDAQ: ALCE) (“Alternus” or the “Company”), a leading utility-scale transatlantic, clean energy independent power producer (IPP) today announced its participation in various industry events and investor conferences over the next several months. March 17-19, 2024 - ROTH MKM 36th Annual ROTH Conference - to be held at The Ritz Carlton Laguna Niguel in... Read More

Project Represents Completion of the Third Stage of First U.S. Based Installation for Alternus Clean Energy with More Planned in Tennessee New Solar Installation Will Help Power Operations at Metro Water Services Omohundro Campus FORT MILL, S.C., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Alternus Clean Energy (NASDAQ: ALCE) (“Alternus”), a leading utility-scale transatlantic, clean energy independent power producer (IPP), proudly... Read More

FORT MILL, S.C., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Utility-scale transatlantic clean energy independent power producer (IPP) Alternus Clean Energy (NASDAQ: ALCE) (“Alternus”) announced today that it entered a strategic alliance with Dallas-based Hover Energy (“Hover”), an established leader in the development and deployment of Wind Powered Microgrid TM systems. Alternus and Hover intend to differentiate their value... Read More

Fort Mill, South Carolina--(Newsfile Corp. - January 23, 2024) - Alternus Clean Energy Inc. (NASDAQ: ALCE), a utility-scale transatlantic clean energy independent power producer (IPP), will be participating in The Microcap Conference , which will take place January 30, 31, February 1, 2024 at Caesars Atlantic City Hotel & Casino in Atlantic City, NJ. Vincent Browne, CEO, and Aaron Ratner, Executive Director, will be... Read More

FORT MILL, S.C., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Utility-scale transatlantic clean energy independent power producer Alternus Clean Energy (NASDAQ: ALCE) (“Alternus”) announced today that it will present at The Microcap Conference in Atlantic City on January 31 and February 1. Chief Executive Officer Vincent Browne and Executive Director Aaron Ratner will participate in panel discussions and host 1x1 investor meetings.... Read More

FORT MILL, S.C., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Utility-scale transatlantic clean energy independent power producer (IPP) Alternus Clean Energy, Inc. (NASDAQ: ALCE) (“Alternus” or the “Company”) announced today that it retired approximately $10 million of debt, consisting of a senior note and accrued interest and expenses. This deleveraging frees up borrowing capacity that the Company intends to use to fund accelerated... Read More

FORT MILL, S.C., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Utility scale transatlantic clean energy independent power producer (IPP) Alternus Clean Energy, Inc. (Nasdaq: ALCE) (“Alternus” or the “Company”) today announced that Vincent Browne, CEO and Chairman of the Board, and Aaron Ratner, Executive Director, will be participating in the Water Tower Research Fireside Chat Series on January 12, 2024, at 11:00 am ET. This event is... Read More