Company: ALCE
Filing Date: 2025-01-27
Form Type: S-1
Source: 0001213900-25-007054
Chunk: 44

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-01-27
Form: S-1
Chunk 44
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 these impacts are suffered by other   
 projects as is often seen following events like high-volume wildfire and hurricane seasons;                                        |

| ● | technical                                                                                                                        
 performance below projected levels, including the failure of solar panels, inverters, gear boxes, blades, and other equipment to 
 produce energy as expected, whether due to incorrect measures of performance provided by equipment suppliers, improper operation 
 and maintenance, or other reasons;                                                                                               |

| ● | increases                                                                                                                               
 in the cost of operating the projects, including costs relating to labor, equipment, unforeseen or changing site conditions, insurance, 
 regulatory compliance, and taxes;                                                                                                       |

19

| ● | the exercise                                                                                                                         
 by PPA counterparties of options present in certain PPAs to purchase the underlying project for a fixed price that may be lower than 
 the fair market value or our NAV attributable to such project at such time;                                                          |

| ● | storm                           
 water or other site challenges; |

| ● | the discovery                                                                                                                         
 of unknown impacts to protected or endangered species or habitats, migratory birds, wetlands or other jurisdictional water resources, 
 and/or cultural resources at project sites;                                                                                           |

| ● | the inability                                                 
 to sell power following the termination of offtake contracts; |

| ● | errors,                                                                                                                           
 breaches, failures, or other forms of unauthorized conduct or malfeasance on the part of operators, contractors, or other service 
 providers;                                                                                                                        |

| ● | cyber-attacks                                                                                                                       
 targeted at our projects as a way of attacking the broader grid or the ISO, or a failure by us or our operators to comply with NERC 
 cyber-security regulations aimed at protecting the grid from such attacks;                                                          |

| ● | design                                                                                                               
 or manufacturing defects or failures, including defects or failures that are not covered by warranties or insurance; |

| ● | loss of                                                                                                                          
 interconnection capacity, and in turn the ability to deliver power under our PPAs, due to grid or system outages or curtailments 
 beyond our or our counterparties’ control;                                                                                       |

| ● | insolvency                                                                                                                          
 or financial distress on the part of any of our service providers, contractors, or suppliers, or a default by any such counterparty 
 for any other reason under its warranties or other obligations to us;                                                               |

| ● | breaches                                                                                                                          
 by us and certain events, including force majeure events, under certain PPAs and other contracts that may give rise to a right of