N2OFF, Inc: Solterra Advances JV Solar PV Project Following Key Zoning Submission in Melz, Germany [Yahoo! Finance]
N2OFF, Inc. (NITO)
Company Research
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 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, GermanyGlobeNewswire
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