Alternus Clean Energy Inc
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.- CEO
- Vincent Browne
- Full Time Employees
- 14
- Sector
- Utilities
- Industry
- Renewable Utilities
- Address
- Blanchardstown Corporate Park 2 Dublin Ireland D15 R504
- IPO Date
- Apr 20, 2022
- CIK
- 0001883984
- Website
- alternusenergy.com
- Similar Companies
- Business
- Alternus Clean Energy Inc operates as a vertically integrated independent power producer specializing in clean energy solutions, focusing primarily on utility-scale solar photovoltaic projects, microgrids, and battery storage systems. The company manufactures, develops, and manages solar parks and complements these with advanced microgrid technologies and energy storage solutions to deliver reliable, zero-carbon power primarily across the United States and Europe. Founded in 2012 and headquartered in New York, NY, Alternus Clean Energy provides long-term renewable energy generation assets and services targeted at commercial, industrial, and utility customers. In recent developments, Alternus has strategically shifted from a sole focus on utility-scale solar projects to a more diversified and integrated energy provider model, expanding into high-margin sectors such as microgrids and battery storage. In 2024 and 2025, the company completed a significant acquisition of an 80 MWp operating solar PV portfolio across eight U.S. states, nearly tripling its operational project capacity and enhancing its revenue streams through long-term offtake contracts. Alternus also formed a strategic alliance with Hover Energy to deploy Wind Powered Microgrid™ systems, blending solar and wind technologies to provide continuous zero-carbon power with reduced reliance on storage. The company has achieved substantial deleveraging by divesting non-core assets, reducing total debt by approximately $130 million, and improving shareholder equity considerably. Additionally, Alternus executed a 1-for-200 reverse stock split and transitioned to OTCQB to support its growth ambitions and capital market positioning. The company continues to focus on operational efficiency, advanced technology integration, and expanding its transatlantic clean energy portfolio with a strong emphasis on sustainability and innovation.
Alternus Clean Energy secures $6M in orders under Hover Energy partnership
Alternus Clean Energy to Participate at The Microcap Conference 2025 Alongside Top Growth Companies
Alternus Clean Energy Announces Closing of $2.25 Million Private Placement
Alternus Clean Energy reveals pricing of private placement
Alternus Clean Energy Announces Pricing of $2.25 Million Private Placement
Alternus Clean Energy CEO shares 2025 vision - ICYMI
Alternus Clean Energy CEO Vincent Browne Highlights Milestones and Growth Vision for 2025 on Proactiveinvestors.com
Alternus Clean Energy gets permit to build first of 11 Italian solar farms
Alternus Clean Energy Secures Full Permitting for First of Its Eleven Italian Solar Projects; Construction is Expected to Start in Q2 2025
Alternus Clean Energy completes acquisition of LiiON, bolstering energy storage capabilities
Alternus Clean Energy Completes Acquisition of LiiON, a Leading US-Based Provider of Advanced Energy Storage Solutions
Alternus Clean Energy to acquire energy storage solutions provider LiiON
Alternus Clean Energy Announces Binding Terms for Acquisition of Leading Storage and Solution Provider LiiON, LLC
Alternus Clean Energy is charting a global path to a 24/7 renewable future
Alternus Clean Energy sheds $30M debt in asset sale, strengthens equity and eyes new growth
Alternus Clean Energy Continues Deleveraging Program by Removing Additional $30 Million of Debt, Improving Shareholder Equity by Approximately $4 Million
Alternus Clean Energy completes first tax equity transaction utilizing Inflation Reduction Act
Alternus Secures First Investment Tax Credit under the IRA to Finance Solar Projects
Alternus Clean Energy announces reverse stock split to meet Nasdaq requirements
Alternus Clean Energy, Inc. Announces 1-for-25 Reverse Stock Split as Part of Nasdaq Compliance Plan