N2OFF Announces Potential to Maximize Investment Opportunity Following New Regulation in Germany
N2OFF (NASDAQ: NITO) announces plans to invest an additional €25,000 in a new Battery Energy Storage System (BESS) project co-located with its 111 MWp solar power plant in Melz, Germany. The initiative follows new German regulation (Section 8a of the Renewable Energy Sources Act - EEG) allowing additional assets to connect to the same grid connection.
The planned BESS facility will have an expected capacity of 60-80 MW / 240-360 MWh, aiming to enhance grid efficiency and reduce infrastructure costs. This project expands upon N2OFF's partnership with Solterra Renewable Energy, which includes two large-scale battery storage systems in Sicily, Italy (196 MWp / 784 MWh total), and solar PV project development in Albania.
N2OFF (NASDAQ: NITO) annuncia piani per investire ulteriori €25.000 in un nuovo progetto di Sistema di Accumulo di Energia da Batteria (BESS) co-localizzato con il suo impianto solare da 111 MWp a Melz, Germania. L'iniziativa segue una nuova regolamentazione tedesca (Sezione 8a della Legge sulle Fonti di Energia Rinnovabile - EEG) che consente a ulteriori asset di connettersi alla stessa connessione di rete.
Il BESS pianificato avrà una capacità prevista di 60-80 MW / 240-360 MWh, con l'obiettivo di migliorare l'efficienza della rete e ridurre i costi infrastrutturali. Questo progetto amplia la partnership di N2OFF con Solterra Renewable Energy, che include due sistemi di accumulo di batteria su larga scala in Sicilia, Italia (196 MWp / 784 MWh totali), e lo sviluppo di progetti solari fotovoltaici in Albania.
N2OFF (NASDAQ: NITO) anuncia planes para invertir €25,000 adicionales en un nuevo proyecto de Sistema de Almacenamiento de Energía en Baterías (BESS) ubicado junto a su planta solar de 111 MWp en Melz, Alemania. La iniciativa sigue una nueva regulación alemana (Sección 8a de la Ley de Fuentes de Energía Renovable - EEG) que permite que activos adicionales se conecten a la misma conexión de red.
La instalación de BESS planificada tendrá una capacidad esperada de 60-80 MW / 240-360 MWh, con el objetivo de mejorar la eficiencia de la red y reducir los costos de infraestructura. Este proyecto amplía la asociación de N2OFF con Solterra Renewable Energy, que incluye dos sistemas de almacenamiento de baterías a gran escala en Sicilia, Italia (196 MWp / 784 MWh en total), y el desarrollo de proyectos solares fotovoltaicos en Albania.
N2OFF (NASDAQ: NITO)는 독일 멜츠에 위치한 111 MWp 태양광 발전소와 함께 새로운 배터리 에너지 저장 시스템(BESS) 프로젝트에 추가로 €25,000를 투자할 계획을 발표했습니다. 이 이니셔티브는 추가 자산이 동일한 그리드 연결에 연결될 수 있도록 허용하는 독일의 새로운 규정(재생 가능 에너지 원법 - EEG 제8a 조항)을 따릅니다.
계획된 BESS 시설은 60-80 MW / 240-360 MWh의 예상 용량을 가질 것이며, 그리드 효율성을 높이고 인프라 비용을 줄이는 것을 목표로 하고 있습니다. 이 프로젝트는 N2OFF와 솔테라 재생 에너지 간의 파트너십을 확장하며, 이 파트너십에는 이탈리아 시칠리아에 있는 두 개의 대규모 배터리 저장 시스템(총 196 MWp / 784 MWh)과 알바니아에서의 태양광 프로젝트 개발이 포함됩니다.
N2OFF (NASDAQ: NITO) annonce des projets d'investir 25 000 € supplémentaires dans un nouveau projet de Système de Stockage d'Énergie par Batteries (BESS) co-localisé avec sa centrale solaire de 111 MWp à Melz, en Allemagne. Cette initiative fait suite à une nouvelle réglementation allemande (Section 8a de la Loi sur les Sources d'Énergie Renouvelables - EEG) permettant à des actifs supplémentaires de se connecter à la même connexion réseau.
La capacité prévue de l'installation BESS sera de 60-80 MW / 240-360 MWh, visant à améliorer l'efficacité du réseau et à réduire les coûts d'infrastructure. Ce projet élargit le partenariat de N2OFF avec Solterra Renewable Energy, qui comprend deux systèmes de stockage de batteries à grande échelle en Sicile, Italie (196 MWp / 784 MWh au total), ainsi que le développement de projets solaires photovoltaïques en Albanie.
N2OFF (NASDAQ: NITO) kündigt Pläne an, zusätzlich €25.000 in ein neues Projekt für ein Batteriespeichersystem (BESS) zu investieren, das mit seinem 111 MWp Solarpark in Melz, Deutschland, ko-lokalisiert ist. Diese Initiative folgt einer neuen deutschen Regelung (Abschnitt 8a des Erneuerbare-Energien-Gesetzes - EEG), die es zusätzlichen Anlagen erlaubt, sich mit derselben Netzverbindung zu verbinden.
Die geplante BESS-Anlage wird eine erwartete Kapazität von 60-80 MW / 240-360 MWh haben, mit dem Ziel, die Netzeffizienz zu verbessern und die Infrastrukturkosten zu senken. Dieses Projekt erweitert die Partnerschaft von N2OFF mit Solterra Renewable Energy, die zwei großangelegte Batteriespeichersysteme in Sizilien, Italien (insgesamt 196 MWp / 784 MWh), sowie die Entwicklung von Solarprojekten in Albanien umfasst.
- Strategic expansion into energy storage market with new BESS project in Germany
- Regulatory advantage through new German legislation enabling grid infrastructure optimization
- Cost efficiency through co-location of BESS with existing solar plant
- Growing European presence with multiple energy storage projects across Germany, Italy, and Albania
- Relatively small investment amount (€25,000) may indicate project scope or resource constraints
Insights
The newly approved Section 8a of Germany's Renewable Energy Sources Act creates a meaningful efficiency opportunity for N2OFF's renewable energy operations. This regulatory change enables the company to potentially add a substantial 60-80 MW / 240-360 MWh battery storage system to their existing 111 MWp Melz solar project without requiring additional grid connection infrastructure – effectively maximizing return on their existing grid investment.
While the announced additional investment amount of
This development aligns with N2OFF's broader European energy storage strategy, following their definitive agreement for two large-scale battery systems in Sicily (196 MWp / 784 MWh total capacity). The battery additions provide two revenue streams: optimizing the timing of energy sales from the solar facility and potentially providing grid stabilization services.
The announcement reflects early-stage development rather than near-term revenue impact, but establishes a pattern of N2OFF capitalizing on regulatory openings to expand their renewable asset portfolio across multiple European markets with relatively efficient capital deployment.
New German regulation, Section 8a of the Renewable Energy Sources Act – EEG, allows expanded use of grid infrastructure, enabling high-value battery storage addition to flagship renewable energy site
Neve Yarak, Israel, April 08, 2025 (GLOBE NEWSWIRE) -- N2OFF, Inc.\ (NASDAQ: NITO) (FSE:80W) (“N2OFF” and the “Company”), a clean tech company engaged in sustainable solutions for energy and innovation in the agri- tech sector, today announced potential plans to invest an additional
This initiative follows the approval of a new German regulation (Section 8a of the Renewable Energy Sources Act - EEG), which enables project owners to connect additional assets, such as battery storage, to the same grid connection as long as the approved capacity is not exceeded. The move aims to maximize the use of limited grid infrastructure and accelerate the deployment of renewable energy projects.
Leveraging this regulatory advancement, N2OFF is exploring the development of a BESS facility with an expected capacity of 60–80 MW / 240–360 MWh, directly connected to the grid line being constructed for the Melz solar project. The Company believes that the co-location has the potential to deliver significant benefits in grid efficiency, regulatory certainty, and reduced infrastructure costs.
Battery storage systems are increasingly critical for grid stability and renewable energy integration. By enabling storage and time-shifted delivery of solar power, the Company believes that the projected Melz BESS project will contribute to local grid resilience and improve renewable energy utilization.
This initiative builds on N2OFF and Solterra’s growing activity in the energy storage space. Earlier this year, the companies announced a definitive agreement for the acquisition and commercialization of two large-scale battery storage systems in Sicily, Italy, totaling 196 MWp / 784 MWh.
The Melz project is part of a comprehensive collaboration between N2OFF and Solterra aimed at accelerating the development of high-potential renewable energy facilities across Europe. This collaboration includes joint activities such as the development of two BESS in Sicily, Italy, each with a capacity of 98 MWp/392 MWh, and an exclusive agreement between N2OFF and Solterra to co-develop solar photovoltaic (“PV”) projects in Albania.
About the Melz Project and Solterra Renewable Energy:
The Melz project is one of Solterra’s flagship developments, representing its dedication to create renewable energy facilities with a total portfolio capacity of approximately 300 MW across Germany, Italy, and Poland. Founded in 2022 by renewable energy veterans Eran Litvak and Yair Harel, Solterra specializes in initiating and developing solar PV projects with rapid commercialization potential.
About N2OFF Inc:
N2OFF, Inc. (formerly known as Save Foods, Inc.) is a clean tech company engaged in sustainable solutions for energy and innovation for agri- tech. Through its operational activities it delivers integrated solutions for sustainable energy, greenhouse gas emissions reduction and safety, quality solutions for the agri- tech market. NTWO OFF Ltd., N2OFF's majority-owned Israeli subsidiary, aims to contribute in tackling greenhouse gas emissions, offering a pioneering solution to mitigate nitrous oxide (N2O) emissions, a potent greenhouse gas with 310 times the global warming impact of carbon dioxide. NTWO OFF Ltd., aims to promote agricultural practices that are both environmentally friendly and economically viable. N2OFF recently entered the solar PV market and will provide funding to Solterra Renewable Energy Ltd. for the current project in the total Capacity of 111 MWp, as well as potential future projects. Save Foods Ltd., N2OFF's majority-owned Israeli subsidiary, focuses on post-harvest treatments in fruit and vegetables to control and prevent pathogen contamination. For more information on Save Foods Ltd. and NTWO OFF Ltd. visit our website: www.n2off.com.
Forward-looking Statements:
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. Because such statements deal with future events and are based on our current expectations, they are subject to various risks and uncertainties including the success of our collaboration with Solterra, entry into future projects, our ability to successfully enter the solar PV sector, the profitability of such industry, and the potential added value of the increased capacity. Actual results, performance or achievements could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including market conditions as well as those discussed under the heading “Risk Factors” in N2OFF’s Annual Report on Form 10-K filed with the SEC on March 31, 2025, and in any subsequent filings with the SEC. Except as otherwise required by law, we undertake no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. We are not responsible for the contents of third-party websites.
Investor Relations Contacts:
Michal Efraty
michal@efraty.com
FAQ
What is the capacity of N2OFF's (NITO) planned BESS facility in Melz, Germany?
How much is N2OFF (NITO) investing in the new Melz BESS project?
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