Company: ALCE
Filing Date: 2025-01-27
Form Type: S-1
Source: 0001213900-25-007054
Chunk: 132

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-01-27
Form: S-1
Chunk 132
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 and the remaining 15% in Q4. The Company’s costs remain relatively stable throughout the year, resulting in lower profits in Q1 and Q4 compared to the middle of the year. 91 Microgrid Market Microgrids are localized energy systems capable of operating independently or in conjunction with the main electrical grid. They consist of distributed energy resources, such as solar panels, wind turbines, batteries, and generators, that generate, store, and manage electricity within a defined area. These devices can serve a variety of applications, from residential and commercial buildings to industrial facilities and entire communities. The microgrid market size was valued at $17.8 Billion in 2023 and is anticipated to grow at a CAGR of 20.5% between 2024 and 2032, reaching over $100 billion by 2032 2. The growth in demand for microgrids comes as a result of the critical political and economic desires for energy independence, that delivers reliable and uninterrupted power supply. Some of the other major factors contributing to growth include:

| ● | Increasing digitalisation  
 and smart grid integration |

| ● | Increasing usage across        
 almost all end user industries |

| ● | Rising instances of cyber-attacks 
 on energy infrastructures         |

| ● | Economic and environmental       
 advantages of microgrid adoption |

| ● | Surging demand to electrify 
 rural areas                 |

| ● | Rising demand for EV Charging 
 infrastructure3               |

Our Portfolio Alternus currently owns a diversified portfolio of solar PV parks in both the United States and Europe. The portfolio is at various stages in the solar value chain with 4MWp operating and generating revenues in the US, and 217 MWp in Italy that is expected to reach construction ready status in 2025 and start generating revenues during 2026. The Company’s operating portfolio consists of three owned and operational parks in the United States, totaling 4MWp of installed capacity. These projects benefit from a long-term contract of 35-years for 100% of the energy produced and delivered at an equivalent rate of $75 per MWh. The following table lists the owned portfolio and under contract solar PV parks as of the date of this filing:

|               |     | MWs owned   |     |     |                 |       |     |       |       |
| Country       |     | -Installed  
 and         
 operational |     |     | -In development 
 and under       
 construction    |       |     | Total 
 (MW)  |       |
|