N2OFF Sets Up US Subsidiary To Expand Solar PV Operations

Representational image. Credit: Canva

N2OFF, Inc., a clean tech company focused on sustainable energy and agri-tech innovation, has announced the formation of a new wholly-owned U.S. subsidiary, NITO Renewable Energy, Inc. The subsidiary, registered in Nevada, will oversee and consolidate the company’s existing and future solar photovoltaic (PV) projects. Currently, N2OFF is engaged in three renewable energy projects across two European countries, Germany and Italy, as part of its commitment to advancing clean energy solutions.

In Germany, N2OFF is involved in a joint venture developing a 111 MWp solar PV project in Melz. This project has received municipal approval and an indicative grid connection solution from a regional energy service provider. The approved grid connection capacity surpasses initial requirements by approximately 10%, creating opportunities to either expand the project’s capacity or integrate battery storage solutions. The project is currently in the development phase.

In Italy, N2OFF has entered into a definitive agreement with Solterra Brand Services Italy, a subsidiary of Solterra, to develop two large-scale Battery Energy Storage Systems (BESS) in Sicily. Each system will have a capacity of 98 MWp/392 MWh. These projects have already secured approval for grid connection from Terna SpA, Italy’s national transmission system operator. The development timeline is estimated to be between 18 to 24 months before reaching the Ready-to-Build stage.

Beyond these projects, N2OFF has also partnered with Solterra Energy Ltd. to co-develop the solar PV market in Albania, further expanding its renewable energy footprint. With the establishment of NITO Renewable Energy, Inc., N2OFF aims to streamline its solar PV initiatives while exploring new opportunities for clean energy development. This strategic move reinforces the company’s commitment to advancing sustainable energy solutions worldwide.

 

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