Alternus Clean Energy Inc

Earnings data Q1 2024

Earnings data Q4 2023

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Alternus Clean Energy, Inc. operates as a power producer. It develops, installs, owns and operates utility scale solar parks in America and Europe. It operates through the United States and Europe geographical segments. The company was founded by Vincent Browne in 2017 and is headquartered in Fort Mill, SC.

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 required closing conditions and fundamental changes in the portfolio of assets planned to be acquired. Alternus CEO Vincent Browne commented, "It is unfortunate that we cannot continue with this transaction as planned.

Alternus Clean Energy Announces Termination of Membership Interest Purchase and Sales Agreement (MIPSA) for Portfolio of Solar Parks

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 in downtown Honolulu, the parties have agreed to terms for three additional projects. Installation is expected to begin in Q4 2024, contingent on permitting, with revenues following immediately thereafter.

Alternus Clean Energy and Partner Hover Energy Accelerating Pace of Installations with Contracts Completed for Additional Units Valued Between $3m- $4m

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 for its first quarter, 2024. Highights For the Three Months Ended June 30, 2024 Operating assets generated over 18GW hours of clean energy delivered to local power grids.

Alternus Clean Energy Reports Financial Results for Three and Six Months Ended June 30, 2024

Alternus Clean Energy (NASDAQ: ALCE ) just reported results for the second quarter of 2024. Alternus Clean Energy reported earnings per share of -10 cents.

ALCE Stock Earnings: Alternus Clean Energy Reported Results for Q2 2024

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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 commercial and industrial customers achieve net zero carbon emissions. The joint venture strategically leverages the strengths of both Alternus and Hover, including Hover Energy's valuable microgrid patented portfolio covering wind generators and energy control systems, combined with Alternus' experience in solar and project finance, development and acquisition.

Alternus Clean Energy and Hover Energy Announce Exciting New Joint Venture to Deliver Next Generation Microgrid Solutions to Data Centers and Corporate Customers

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 energy sector and its potential for growth among the investment community.

Alternus Clean Energy Partners with B2i Digital to Execute a Comprehensive Investor Communication and Education Initiative

Alternus Clean Energy set to Acquire Over 80 MWp of Operating Solar PV across eight states in the US. On completion will be immediately EBITDA accretive

Alternus Clean Energy set to Acquire Over 80 MWp of Operating Solar PV across eight states in the U.S.

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”).

Alternus Clean Energy, Inc. Announces Closing of $2.16 Million Private Placement of Convertible Notes and Warrants

•  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.

Alternus Clean Energy, Inc. Reports FY 2023 Financial Results

Agreement Enables Alternus to Continue to Grow and Expand U.S. Project Roster Agreement Enables Alternus to Continue to Grow and Expand U.S. Project Roster

Alternus Clean Energy and Acadia Energy Announce JV to Develop 200 MW of Microgrid Projects in New York State

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.

Alternus Clean Energy to Participate in Upcoming Investor Conferences and Industry Events

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--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 Campu s--

Alternus Clean Energy Celebrates Activation of Omohundro Solar Project at Ceremony with Mayor of Nashville, TN

--Alliance to offer differentiated 24x7 zero-carbon power to customers-- 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 MicrogridTM systems.

Alternus Clean Energy Enters Strategic Alliance with Hover Energy

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 presenting on January 31 & February 1, 2024.

Alternus Clean Energy Inc.: Invitation to The Microcap Conference

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.

Alternus Clean Energy to Present at The Microcap Conference

--Deleveraging Creates Capacity to Fund Accelerated Growth— --Equity Issued Brings on Strong Strategic Partner—

Alternus Clean Energy Retires $10 Million of Convertible Debt

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.

Alternus Clean Energy to Participate in Water Tower Research Fireside Chat Series

FORT MILL, S.C., Jan. 08, 2024 (GLOBE NEWSWIRE) -- Utility scale transatlantic clean energy independent power producer (IPP) Alternus Clean Energy, Inc. (Nasdaq: ALCE) (“Alternus” or the “Company”) today announced Vincent Browne, CEO and Chairman of the Board, will be ringing the ceremonial closing bell at the Nasdaq MarketSite in New York City's Time Square, Wednesday, January 10, 2024, at 4:00 PM EST.

News for Alternus Clean Energy Inc Stock (ALCE)