Company: ALCE
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001213900-25-052242
Chunk: 54

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 1
Chunk 54
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 fines, possible incarceration of responsible individuals for willful
violations, possible loss of our export or import privileges, and reputational harm. In addition, investigating or defending against any
such allegations, actions, or investigations will likely result in a materially significant diversion of management’s attention
and resources and significant defense costs and other professional fees.

Tariffs could also have
a material impact on our product costs and decrease our ability to sell our products and services to existing or potential customers as
well as harm our ability to compete internationally. Recent escalations in tariffs imposed by the United States on imports from its trading
partners, retaliatory actions taken by affected countries, as well as uncertainties concerning further changes in tariff and non-tariff
trade policies, particularly regarding those between the United States, Mexico, and Canada, and the between the United States and China,
have been significant. The U.S. government has implemented additional broad tariffs on the import of most items from virtually all U.S.
trading partners and has imposed particularly significant tariffs on imports from China. China responded by imposing significant tariffs
on a variety of items imported from the United States, implementing new export controls on certain commodities, and imposing trade restrictions
targeting particular U.S. companies. These tariffs could materially and adversely affect our ability to compete internationally. The future
of these tariffs, as well as the possibility for new tariffs, remains very uncertain. Other causes of uncertainty include the effects
of new tariffs implemented by the United States on imports from Mexico and Canada that do not qualify for duty-free treatment under the
U.S.-Mexico-Canada Agreement. The macroeconomic effect of any such tariffs on major trading partners, including China, Mexico, and Canada
could be significant, and our business and financial results could be negatively affected as a result.”

32

Shortages in the
supply of silicon could adversely affect the availability and cost of the solar photovoltaic modules used in our solar energy systems.

Shortages of silicon
or supply chain issues could adversely affect the availability and cost of our solar energy systems. Manufacturers of photovoltaic modules
depend upon the availability and pricing of silicon, one of the primary materials used in photovoltaic modules. The worldwide market for
silicon from time to time experiences a shortage of supply, which can cause the prices for photovoltaic modules to increase and supplies
of photovoltaic modules become difficult to obtain. While we have been able to obtain sufficient supplies of solar photovoltaic modules
to satisfy our needs to date, this