Proactive - Interviews for investors

Alternus CEO Vincent Browne on Italian solar project & 2025 growth goals

Episode Summary

Alternus Clean Energy Inc (NASDAQ:ALCE, OTC:ACLEW) CEO Vincent Browne talked with Proactive's Stephen about the company’s recent milestones and its vision for 2025. Browne shared exciting news about achieving full permitting for the first of 11 solar projects in Italy, a key focus market for Alternus since 2017. He highlighted that construction for the 18MW project is set to begin in mid-2025, with plans to power the Italian grid within 18 months. “This is a big focus country for us,” Browne said, adding that Italy offers strong support in permitting processes, which significantly accelerates solar developments. He also explained how these projects are expected to generate substantial cash flow, up to $25 million annually for over 30 years. The conversation also touched on Alternus’ broader portfolio, including expansion in the U.S. and recent joint ventures in wind turbines and battery storage. Browne emphasised that 2025 is positioned to be a year of growth, noting, “We’ve positioned the company exceptionally well for that.” For more updates on Alternus Clean Energy and other key developments in renewable energy, visit Proactive’s YouTube channel. Don’t forget to like this video, subscribe to our channel, and enable notifications to stay informed. #AlternusCleanEnergy #RenewableEnergy #SolarPower #VincentBrowne #ItalianSolarProjects #GreenEnergy #CleanEnergySolutions #InflationReductionAct #BatteryStorage #WindEnergy #Sustainability #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews