Company: ALCE
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001213900-25-105077
Chunk: 222

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 222
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 project if there is material change
in budgetary constraints, political factors or otherwise, governments from time to time may review their laws and policies that support
renewable energy and consider actions that would make the laws and policies less conducive to the development and operation of renewable
energy facilities. Any reductions or modifications to, or the elimination of, governmental incentives or policies that support renewable
energy or the imposition of additional taxes or other assessments on renewable energy, could result in, among other items, the lack of
a satisfactory market for the development and/or financing of new renewable energy projects, our abandoning the development of renewable
energy projects, a loss of our investments in the projects, and reduced project returns, any of which could have a material adverse effect
on our business, financial condition, results of operations and prospects. Refer to Footnote 13 to the accompanying financial statements
for more detail of development cost.

    Three Months Ended June 30, 

    2025  
    2024  
    Change  ($)  
    Change (%) 

    (in thousands) 
  
    Development Cost 
    $        -  
    $        -  
    $        (    ) 
     (100)%
  
    Total for continuing operations 
    $-  
    $-  
    $(    ) 
     (100)%
  
    Total for the period 
    $-  
    $-  
    $(    ) 
     (100)%

    Six Months Ended June 30, 

    2025  
    2024  
    Change  ($)  
    Change (%) 

    (in thousands) 
  
    Development Cost 
    $-  
    $7  
    $(7) 
     (100)%
  
    Total for continuing operations 
    $        -  
    $7  
    $(7) 
     (100)%
  
    Total for the period 
    $-  
    $7  
    $(7) 
     (100)%

47

There were no development costs for
discontinued operations for the three and six months ended June 30, 2025.

Depreciation, Amortization and Accretion Expense

Depreciation, amortization, and accretion expenses
for the three and six months ended June 30, 2025 and 2024 were as follows