Company: ALCE
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001213900-25-052242
Chunk: 370

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 1A
Chunk 370
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 over the past decade. The Company expects the renewable energy generation
segment to continue to offer growth opportunities driven by:

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    The continued reduction in the cost of solar and other renewable energy technologies, which the Company believes will lead to grid parity in an increasing number of markets;

    ●
    Distribution charges and the effects of an aging transmission infrastructure, which enable renewable energy generation sources located at a customer’s site, or distributed generation, to be more competitive with, or cheaper than, grid-supplied electricity;

    ●
    The replacement of aging and conventional power generation facilities in the face of increasing industry challenges, such as regulatory barriers, increasing costs of and difficulties in obtaining and maintaining applicable permits, and the decommissioning of certain types of conventional power generation facilities, such as coal and nuclear facilities;

    ●
    The ability to couple renewable energy generation with other forms of power generation and/or storage, creating a hybrid energy solution capable of providing energy on a 24/7 basis while reducing the average cost of electricity obtained through the system;

    ●
    The desire of energy consumers to lock in long-term pricing for a reliable energy source;

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    Renewable energy generation’s ability to utilize freely available sources of fuel, thus avoiding the risks of price volatility and market disruptions associated with many conventional fuel sources;

    ●
    Environmental concerns over conventional power generation; and

    ●
    Government policies that encourage the development of renewable power, such as country, state or provincial renewable portfolio standard programs, which motivate utilities to procure electricity from renewable resources.

Access to Capital Markets

The Company’s ability to acquire additional
clean power generation assets and manage its other commitments will likely be dependent on its ability to raise or borrow additional funds
and access debt and equity capital markets, including the equity capital markets, the corporate debt markets, and the project finance
market for project-level debt. The Company accessed the capital markets several times in 2023 and 2024 in connection with long-term project
debt, and corporate loans and equity. Limitations on the Company’s ability to access the corporate and project finance debt and
equity capital markets in the future on terms that are accretive to its existing cash flows would be expected to negatively affect its
results of operations, business, and future growth.

Foreign Exchange

The Company’s operating results are reported
in United States dollars (USD). The Company’s current project revenue and expenses are generated in other currencies, including
the Euro (EUR), the Polish Z