N2OFF, Inc: Solterra Advances JV Solar PV Project Following Key Zoning Submission in Melz, Germany [Yahoo! Finance]
N2OFF, Inc. (NITO)
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Source: Yahoo! Finance
The municipal approval process for integrating the solar facility within Melz's zoning plan requires district approval before the municipality can proceed with presenting the statutory plan draft for public hearing. The JV took an important step forward by submitting the statutory plan (B-PLAN) draft to the city. N2OFF previously announced that Solterra obtained approval to connect the PV solar project to the power grid of a regional energy provider. Furthermore, 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) increasing the project's capacity by up to 10%; or (ii) incorporating battery storage solutions. David Palach, N2OFF's CEO, added "We are pleased with Solterra's steady progress on our joint project. The expertise of the Solterra team is evident across various aspects of t
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News
- N2OFF, Inc: Solterra Advances JV Solar PV Project Following Key Zoning Submission in Melz, GermanyGlobeNewswire
- N2OFF Inc. and Solterra Announce Potential to Increase Capacity in Solar PV Joint Venture ProjectGlobeNewswire
- 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