Alternus Clean Energy Inc (ALCE)

NASDAQ: ALCE · Real-Time Price · USD
1.380
-0.130 (-8.61%)
At close: Nov 20, 2024, 4:00 PM
1.350
-0.030 (-2.17%)
After-hours: Nov 20, 2024, 7:58 PM EST
-8.61%
Market Cap 3.97M
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 2.88M
EPS (ttm) n/a
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 231,996
Open 1.380
Previous Close 1.510
Day's Range 1.360 - 1.500
52-Week Range 1.360 - 272.250
Beta -0.53
Analysts n/a
Price Target n/a
Earnings Date Dec 3, 2024

About ALCE

Alternus Clean Energy Inc owns, develops, installs, and operates midsized utility scale solar parks. The company is based in Fort Mill, South Carolina. Alternus Clean Energy Inc is a subsidiary of Alternus Energy Group Plc. [Read more]

Sector Utilities
Founded 2019
Country United States
Stock Exchange NASDAQ
Ticker Symbol ALCE
Full Company Profile

Financial Performance

In 2023, ALCE's revenue was $20.08 million, an increase of 17.53% compared to the previous year's $17.09 million. Losses were -$53.65 million, 188.9% more than in 2022.

Financial Statements

News

Alternus Clean Energy Continues Deleveraging Program by Removing Additional $30 Million of Debt, Improving Shareholder Equity by Approximately $4 Million

New York, New York--(Newsfile Corp. - November 12, 2024) - Alternus Clean Energy, Inc. (NASDAQ: ALCE) ("ALCE", "Company") announces that it recently completed the sale of certain of its SPVs to Altern...

8 days ago - Newsfile Corp

Alternus Secures First Investment Tax Credit under the IRA to Finance Solar Projects

Net funds from tax credit transfer reduced existing debt, further deleveraging balance sheet. Fort Mill, South Carolina--(Newsfile Corp. - October 23, 2024) - Alternus Clean Energy, Inc. (NASDAQ: ALCE...

4 weeks ago - Newsfile Corp

Alternus Clean Energy, Inc. Announces 1-for-25 Reverse Stock Split as Part of Nasdaq Compliance Plan

Fort Mill, South Carolina--(Newsfile Corp. - October 9, 2024) - Alternus Clean Energy Inc. (NASDAQ: ALCE) ("Alternus"), a leading utility-scale transatlantic, clean energy independent power producer (...

6 weeks ago - Newsfile Corp

Alternus Sheds $100 Million of Debt and Payables, Improves Shareholder Equity Position By Circa $45 Million From Disposal Of Certain Subsidiaries

Fort Mill, South Carolina--(Newsfile Corp. - October 8, 2024) - Alternus Clean Energy, Inc. (NASDAQ: ALCE) ("Alternus"), announces that on October 3, 2024, by mutual agreement and in furtherance of th...

6 weeks ago - Newsfile Corp

Top 2 Utilities Stocks That Could Blast Off This Quarter

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.

Other symbols: VVPR
7 weeks ago - Benzinga

Alternus Clean Energy Receives Nasdaq Delisting Notice; Intends to Appeal and Regain Compliance Within Timeframes Allowed

Fort Mill, South Carolina--(Newsfile Corp. - September 20, 2024) - Alternus Clean Energy Inc. (NASDAQ: ALCE) ("Alternus", "The Company") received a Delisting Notice from the Listing Qualifications Dep...

2 months ago - Newsfile Corp

Alternus Clean Energy Announces Termination of Membership Interest Purchase and Sales Agreement (MIPSA) for Portfolio of Solar Parks

Fort Mill, South Carolina--(Newsfile Corp. - September 19, 2024) - Alternus Clean Energy, Inc. (NASDAQ: ALCE) ("Alternus" or the "Company"), a leading utility-scale transatlantic, clean energy indepen...

2 months ago - Newsfile Corp

Alternus Clean Energy and Partner Hover Energy Accelerating Pace of Installations with Contracts Completed for Additional Units Valued Between $3m- $4m

Three more Wind-Powered Microgrid(TM) projects ordered for Hawaii Fort Mill, South Carolina--(Newsfile Corp. - August 28, 2024) - Alternus Clean Energy Inc. (NASDAQ: ALCE) ("Alternus") is pleased that...

3 months ago - Newsfile Corp

Alternus Clean Energy Reports Financial Results for Three and Six Months Ended June 30, 2024

Debt reduced by $80 million(40%) during H1 Additional market focus in microgrids Fort Mill, South Carolina--(Newsfile Corp. - August 27, 2024) - International Renewable Independent Power Producer (IPP...

3 months ago - Newsfile Corp

Top 3 Utilities Stocks That Could Lead To Your Biggest Gains This Month

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.

Other symbols: CNPENIC
3 months ago - Benzinga

Alternus Clean Energy and Hover Energy Announce Exciting New Joint Venture to Deliver Next Generation Microgrid Solutions to Data Centers and Corporate Customers

Microgrid Market forecast to reach over $100 Billion by 2032 Fort Mill, South Carolina--(Newsfile Corp. - August 8, 2024) - Alternus Clean Energy (Nasdaq: ALCE) ("Alternus"), a transatlantic independe...

3 months ago - Newsfile Corp

Alternus Clean Energy Partners with B2i Digital to Execute a Comprehensive Investor Communication and Education Initiative

Fort Mill, South Carolina--(Newsfile Corp. - May 16, 2024) - Alternus Clean Energy, Inc. (NASDAQ: ALCE), a leading utility-scale transatlantic, clean energy independent power producer (IPP), announced...

6 months ago - Newsfile Corp

Alternus Clean Energy set to Acquire Over 80 MWp of Operating Solar PV across eight states in the U.S.

Alternus Clean Energy set to Acquire Over 80 MWp of Operating Solar PV across eight states in the US. On completion will be immediately EBITDA accretive

7 months ago - GlobeNewsWire

Alternus Clean Energy, Inc. Announces Closing of $2.16 Million Private Placement of Convertible Notes and Warrants

FORT MILL, S.C., April 22, 2024 (GLOBE NEWSWIRE) -- Utility-scale transatlantic clean energy independent power producer Alternus Clean Energy, Inc. (NASDAQ: ALCE) (“Alternus” or the “Company”) today a...

7 months ago - GlobeNewsWire

Alternus Clean Energy, Inc. Reports FY 2023 Financial Results

•  Revenue up by 17.5% YoY •  Gross profit up by 25% YoY FORT MILL, S.C., April 15, 2024 (GLOBE NEWSWIRE) -- Utility-scale transatlantic clean energy independent power producer Alternus Clean Energy, ...

7 months ago - GlobeNewsWire

Alternus Clean Energy and Acadia Energy Announce JV to Develop 200 MW of Microgrid Projects in New York State

Agreement Enables Alternus to Continue to Grow and Expand U.S. Project Roster Agreement Enables Alternus to Continue to Grow and Expand U.S. Project Roster

8 months ago - GlobeNewsWire

Alternus Clean Energy to Participate in Upcoming Investor Conferences and Industry Events

FORT MILL, S.C., March 07, 2024 (GLOBE NEWSWIRE) -- Alternus Clean Energy (NASDAQ: ALCE) (“Alternus” or the “Company”), a leading utility-scale transatlantic, clean energy independent power producer (...

9 months ago - GlobeNewsWire

Top 2 Utilities Stocks That Are Preparing To Pump In March - Xcel Energy (NASDAQ:XEL), Alternus Clean Energy (NASDAQ:ALCE)

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.

Other symbols: XEL
9 months ago - Benzinga

Alternus Clean Energy Celebrates Activation of Omohundro Solar Project at Ceremony with Mayor of Nashville, TN

--Project Represents Completion of the Third Stage of First U.S. Based Installation for Alternus Clean Energy with More Planned in Tennessee-- --New Solar Installation Will Help Power Operations at Me...

9 months ago - GlobeNewsWire

Alternus Clean Energy Enters Strategic Alliance with Hover Energy

--Alliance to offer differentiated 24x7 zero-carbon power to customers-- FORT MILL, S.C., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Utility-scale transatlantic clean energy independent power producer (IPP) Al...

10 months ago - GlobeNewsWire

Alternus Clean Energy Inc.: Invitation to The Microcap Conference

Fort Mill, South Carolina--(Newsfile Corp. - January 23, 2024) - Alternus Clean Energy Inc. (NASDAQ: ALCE), a utility-scale transatlantic clean energy independent power producer (IPP), will be partici...

10 months ago - Newsfile Corp

Alternus Clean Energy to Present at The Microcap Conference

FORT MILL, S.C., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Utility-scale transatlantic clean energy independent power producer Alternus Clean Energy (NASDAQ: ALCE) (“Alternus”) announced today that it will pr...

10 months ago - GlobeNewsWire

Alternus Clean Energy Retires $10 Million of Convertible Debt

--Deleveraging Creates Capacity to Fund Accelerated Growth— --Equity Issued Brings on Strong Strategic Partner—

11 months ago - GlobeNewsWire

Alternus Clean Energy to Participate in Water Tower Research Fireside Chat Series

FORT MILL, S.C., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Utility scale transatlantic clean energy independent power producer (IPP) Alternus Clean Energy, Inc. (Nasdaq: ALCE) (“Alternus” or the “Company”) to...

11 months ago - GlobeNewsWire

Alternus Clean Energy to Ring Nasdaq Stock Market Closing Bell

FORT MILL, S.C., Jan. 08, 2024 (GLOBE NEWSWIRE) -- Utility scale transatlantic clean energy independent power producer (IPP) Alternus Clean Energy, Inc. (Nasdaq: ALCE) (“Alternus” or the “Company”) to...

11 months ago - GlobeNewsWire