Company: ALCE
Filing Date: 2025-01-27
Form Type: S-1
Source: 0001213900-25-007054
Chunk: 39

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-01-27
Form: S-1
Chunk 39
---
 permitting, commissioning, start-up, operating, economic, commercial, political and financial risks. This involves risks of failure to obtain or substantial delays in obtaining: (i) regulatory, environmental or other approvals or permits; (ii) financing; (iii) leasing; and (iv) suitable equipment supply, operating and off-take contracts. Moreover, renewable energy assets are subject to energy regulation and require governmental licenses and approval for their operation. The failure to obtain, maintain or comply with the licenses and approvals relating to our assets and the resulting costs, fines and penalties, could materially and adversely affect our ability to operate the assets. Renewable energy projects also require significant expenditure before the assets begin to generate income and often require long-term investment to enable projects to generate expected levels of income. The development of solar power projects also requires significant management attention to negotiate the terms of engagement and monitor the progress of the projects which may divert management’s attention from other matters. Solar project development is challenging and may ultimately not be successful and miscalculations in planning a project may negatively affect engineering procurement and construction (“EPC”) prices, all of which could increase the costs, delay or cancel a project, and have a material adverse effect on its business, financial condition, results of operations and profit margins. The development of solar projects involves numerous risks and uncertainties and requires extensive research, planning and due diligence. We may be required to incur significant amounts of capital expenditure for land/rooftop use rights, interconnection rights, preliminary engineering, permits, legal and other expenses before we can determine whether a solar power project is economically, technologically or otherwise feasible. Success in developing a solar power project is contingent upon, among other things:

| ● | securing                          
 investment or development rights; |

| ● | securing                                                                                                                            
 suitable project sites, necessary rights of way, satisfactory land/rooftop use or access rights in the appropriate locations with   
 capacity on the transmission grid and related permits, including completing environmental assessments and implementing any required 
 mitigation measures;                                                                                                                |

| ● | rezoning                                              
 land, as necessary, to support a solar power project; |

| ● | negotiating                  
 satisfactory EPC agreements; |

| ● | negotiating                                                                                                   
 and receiving required permits and approvals for project development from government authorities on schedule; |

| ● | completing                                                                                     
 all required regulatory and administrative procedures needed to obtain permits and agreements; |

| ● | procuring                                                                                  
 rights to interconnect the solar power project to the electric grid or to transmit energy; |

| ●