Company: ALCE
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001213900-25-052242
Chunk: 338

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 1A
Chunk 338
---
andise.

Additionally, in October
2023, a coalition of U.S. aluminum extruders and a labor union filed AD/CVD cases on aluminum extrusions from fifteen countries. The USDOC
has initiated investigations based on the petitions. Certain components in our trackers, including certain clamps, U-joints, and bearing
housings are made using extruded aluminum. In September 2024, the USDOC released its final determination from their investigations against
aluminum extrusions from multiple countries. On October 30, 2024, the USITC voted to find no injury in its pending AD/CVD investigation,
meaning that the USDOC’s AD/CVD orders will not go into effect. The coalition of petitioners may still appeal the USITC’s
decision, and we will continue to monitor developments in the appeal process. If the USITC’s decision is overturned on appeal, the
imposition of AD/CVD orders could negatively impact our business, financial condition, and results of operations.

On April 24, 2024, the
American Alliance for Solar Manufacturing Trade Committee, an ad hoc coalition of domestic producers of CSPV cells and modules,
filed a petition with the USDOC and the U.S. International Trade Commission (“USITC”) seeking the imposition of AD/CVD tariffs
on imports of CSPV cells and modules from Cambodia, Malaysia, Thailand and Vietnam. The USITC made a preliminary affirmative determination
on June 7, 2024, and the USDOC made its preliminary affirmative determination on October 1, 2024. The preliminary tariff rates
vary from below 1% to almost 300%, depending on the relevant company.

31

While we do not sell solar modules,
the degree of our exposure is dependent on, among other things, the impact of the investigation on the projects that are also intended
to use our products, with such impact being largely out of our control. We have seen a number of projects in our order book delayed as
a result of the USDOC investigation. The repeal of the 24-month exemption, and any affirmative determinations made once the exemption
expires in any event, would have an adverse effect on our business, financial condition, and results of operations.

Tariffs and the possibility
of additional tariffs in the future like those described above have created uncertainty in the industry. If the price of solar systems
in the U.S. increases, the use