N2OFF (NITO) News & Sentiment

Currently N2OFF committed to invest up to € 4.4 million in projects located in Germany and Italy for total capacity of over 300 MW

Neve Yarak, Israel, Feb. 26, 2025 (GLOBE NEWSWIRE) -- N2OFF, Inc.\ (NASDAQ: NITO) (FSE:80W) (“N2OFF” and the “Company”), a clean tech company engaged in sustainable solutions for solar energy, energy battery storage and innovation for agri- tech, announced today that it has entered a definitive agreement to acquire MitoCareX Bio Ltd. ("MitoCareX"), a biotech company focused on drug discovery targeting cancer therapeutics, with a range of other potential diseases and disorders, through targeting the mitochondrial SLC25 protein family.

CURRENTLY  N2OFF IS COMMITTED TO invest up to € 4.4 million in projects located in Germany and Italy for total capacity of over 300 MW

This new collaboration was driven by the successful fast tracking of joint projects in Germany and Italy follows the recently signed three-way clean energy cooperation  agreement between Italy, Albania, and the United Arab Emirates

This new collaboration was driven by the successful fast tracking of joint projects in Germany and Italy follows the recently signed three-way clean energy cooperation agreement between Italy, Albania, and the United Arab Emirates

The approval was obtained from the Melz Municipal Committee in connection with the submission of Solterra's statutory plan for the PV Project

N2OFF will hold approximately 70% ownership in the projects, further enhancing its presence in the European energy storage market

The approval was obtained from the Melz Municipal Committee in connection with the submission of Solterra's statutory plan for the PV Project

Solterra's review reveals a 10% capacity increase, exceeding initial expectations and opening new opportunities for growth