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 Announces Letter of Intent with Ethiopian Federal Agency to Mandate Large-Scale Farmers to Utilize Save Foods' Eco-Friendly Solutions [Yahoo! Finance]Yahoo! Finance
- N2OFF Announces Letter of Intent with Ethiopian Federal Agency to Mandate Large-Scale Farmers to Utilize Save Foods’ Eco-Friendly SolutionsGlobeNewswire
- N2OFF Announces Strategic Initiatives Intended to Maximize Shareholder ValueGlobeNewswire
- N2OFF Inc. and Solterra Unlock New Potential for Capacity Expansion in Solar PV ProjectGlobeNewswire
- N2OFF, Inc: Solterra Advances JV Solar PV Project Following Key Zoning Submission in Melz, Germany [Yahoo! Finance]Yahoo! Finance
NITO
Sec Filings
- 11/18/24 - Form 8-K
- 11/14/24 - Form 10-Q
- 11/13/24 - Form 8-K
- NITO's page on the SEC website