N2OFF Inc. and Solterra Announce Potential to Increase Capacity in Solar PV Joint Venture Project
N2OFF, Inc. (NITO)
Company Research
Source: GlobeNewswire
Solterra reported that, following a thorough review of the approval, the allocation is approximately 10% greater than originally anticipated. Neve Yarak, Israel, Sept. 11, 2024 (GLOBE NEWSWIRE) -- N2OFF, Inc.\ (NASDAQ: NITO) (FSE:80W) (“N2OFF” and the “Company”), a clean tech company engaged in sustainable solutions for energy and innovation for the agri- tech, released today an update regarding its Solar PV Joint Venture Project with Solterra Renewable Energy Ltd. (“Solterra”). Following receiving the required approval to connect to the power grid of a regional energy service provider in Meltz, Germany, Solterra sent the Company an additional report that indicates possible avenues to potentially increase the project’s value. The current project design requires a grid connection of 97 MW to deliver an aggregate capacity of 111 MWp. The approved grid connection capacity exceeds such requirement by approximately 10%, providing two potential pathways to maximize the value: (i) in
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News
- N2OFF, Inc: Solterra Advances JV Solar PV Project Following Key Zoning Submission in Melz, Germany [Yahoo! Finance]Yahoo! Finance
- N2OFF, Inc: Solterra Advances JV Solar PV Project Following Key Zoning Submission in Melz, GermanyGlobeNewswire
- N2OFF Inc. Solar PV JV Secures Approval to Connect First PV Solar Project in Germany to the Power Grid of a Regional Energy Provider [Yahoo! Finance]Yahoo! Finance
- N2OFF Inc. Solar PV JV Secures Approval to Connect First PV Solar Project in Germany to the Power Grid of a Regional Energy ProviderGlobeNewswire
- N2OFF Inc Joins the EU PV Market: Investing in 111 MW Project in GermanyGlobeNewswire
NITO
Sec Filings
- 9/25/24 - Form 8-K
- 9/19/24 - Form 4
- 9/19/24 - Form 4
- NITO's page on the SEC website