Company: ALCE
Filing Date: 2025-01-27
Form Type: S-1
Source: 0001213900-25-007054
Chunk: 40

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-01-27
Form: S-1
Chunk 40
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 | paying                                                                
 interconnection and other deposits, some of which are non-refundable; |

| ● | signing                                                                                                                              
 grid connection and dispatch agreements, power purchase agreements, or PPAs, or other arrangements that are commercially acceptable, 
 including adequate for providing financing;                                                                                          |

| ● | obtaining                                                                
 project financing, including debt financing and own equity contribution; |

| ● | negotiating                                 
 favorable payment terms with suppliers; and |

| ● | completing                                         
 construction on schedule in a satisfactory manner. |

Successful completion of a particular solar project may be adversely affected by numerous factors, including without limitation:

| ● | unanticipated                                            
 changes in project plans or defective or late execution; |

| ● | difficulties                                                                                                                      
 in obtaining and maintaining governmental permits, licenses and approvals required by existing laws and regulations or additional 
 regulatory requirements not previously anticipated;                                                                               |

16

| ● | potential                                                                                                 
 challenges from local residents, environmental organizations, and others who may not support the project; |

| ● | uncertainty                       
 in the timing of grid connection; |

| ● | the inability                                        
 to procure adequate financing with acceptable terms; |

| ● | unforeseeable                                                                                        
 engineering problems, construction or other unexpected delays and contractor performance shortfalls; |

| ● | labor,                                                                              
 equipment and materials supply delays, shortages or disruptions, or work stoppages; |

| ● | adverse                                                                                                          
 weather, environmental and geological conditions, force majeure and other events outside of owner’s control; and |

| ● | cost overruns,                                   
 due to any one or more of the foregoing factors. |

Accordingly, some of the solar power projects in our pipeline may not be completed or even proceed to construction. If several solar power projects are not completed, our business, financial condition and results of operations could be materially and adversely affected. Development activities may be subject to cost overruns or delays, which may materially and adversely affect our financial results and results of operations. Development of our solar power projects may be adversely affected by circumstances outside of its control, including inclement weather, a failure to receive regulatory approvals on schedule or third-party delays in providing solar modules, inverters or other materials. Obtaining full permits for solar power projects is time consuming and we may not be able to meet the expected timetable for obtaining full permits for solar power projects in the pipeline. In addition, we usually rely on external contractors for the development and construction of solar power projects and may not be able to negotiate satisfactory agreements with them. If contractors do