---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-068387"
form_type: "8-K"
ticker: "ALCE"
cik: "0001883984"
company_name: "Alternus Clean Energy, Inc."
filed_at: "2024-08-13T23:59:59+00:00"
generated_at: "2026-05-31T09:51:17.465756+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Alternus Clean Energy forms JV with Hover Energy for microgrid solutions

## Summary
- JV will focus on microgrid projects for data centers and C&I customers; Alternus owns 51%, Hover 49%.
- Alternus to issue 5M restricted shares initially, plus 3.5M at closing and up to 2.5M more based on share price.
- JV pipeline includes 35+ microgrid projects totaling over 60 MW capacity in US, UK, and Ireland.
- Microgrid market valued at $17.8B in 2023, projected to exceed $100B by 2032 (20.5% CAGR).

## SEC filing metadata
- accession: 0001213900-24-068387
- form_type: 8-K
- ticker: ALCE
- cik: 0001883984
- company_name: Alternus Clean Energy, Inc.
- filed_at: 2024-08-13T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1883984/000121390024068387/0001213900-24-068387-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1883984/000121390024068387/ea0211296-8k_alternus.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-068387
- JSON: https://secwatch.observer/filing/0001213900-24-068387.json
- Plain text: https://secwatch.observer/filing/0001213900-24-068387.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.