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ALCE (Alternus Clean Energy) Construction In Progress : $25.01 Mil (As of Sep. 2024)


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What is Alternus Clean Energy Construction In Progress?

Alternus Clean Energy's quarterly construction in progress increased from Mar. 2024 ($19.06 Mil) to Jun. 2024 ($21.80 Mil) and increased from Jun. 2024 ($21.80 Mil) to Sep. 2024 ($25.01 Mil).

Alternus Clean Energy's annual construction in progress declined from Dec. 2021 ($17.67 Mil) to Dec. 2022 ($5.24 Mil) but then increased from Dec. 2022 ($5.24 Mil) to Dec. 2023 ($18.64 Mil).

Alternus Clean Energy Construction In Progress Historical Data

The historical data trend for Alternus Clean Energy's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Alternus Clean Energy Construction In Progress Chart

Alternus Clean Energy Annual Data
Trend Dec21 Dec22 Dec23
Construction In Progress
17.67 5.24 18.64

Alternus Clean Energy Quarterly Data
Dec21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only - 18.64 19.06 21.80 25.01

Alternus Clean Energy Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Alternus Clean Energy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Alternus Clean Energy Inc (OTCPK:ALCE) » Definitions » Construction In Progress
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Traded in Other Exchanges
N/A
Address
360 Kingsley Park Drive, Suite 250, Fort Mill, SC, USA, 29715
Website
https://www.alternusenergy.com
Alternus Clean Energy Inc is an international independent clean energy producer. It develops, installs, owns and operates a diverse portfolio of utility-scale solar photovoltaic power stations (PV parks) in Europe and the USA as a long-term owner. The solar parks benefit from long-term government offtake contracts and/or Power Purchase Agreements (PPAs) with investment grade off-takers, plus energy sales to local power grids. It has approximately 8 operating parks, a total of 44 MWp in operation.