N2OFF Energy Targets European’s Energy Crises with Fourth Regional Battery Project
N2OFF Energy (NASDAQ: NITO) has announced its entry into the Polish renewable energy market through participation in financing a 35MW/140MWh Battery Energy Storage System (BESS) project. The company is one of four lenders providing financing for the initial grid connection payment, with plans to potentially expand the project's capacity to over 100MW/400MWh.
This marks N2OFF's fourth BESS development project, with additional projects ongoing in Germany and Italy. The financing agreement includes a repayment period of up to 30 months, with N2OFF entitled to 15% of the net profits from the transaction upon the project's sale.
The initiative comes amid growing energy concerns in Europe, highlighted by recent widespread blackouts in Spain and Portugal that disrupted critical infrastructure and public services.N2OFF Energy (NASDAQ: NITO) ha annunciato il suo ingresso nel mercato polacco delle energie rinnovabili partecipando al finanziamento di un progetto di 35MW/140MWh di Sistema di Accumulo Energetico a Batteria (BESS). L'azienda è uno dei quattro finanziatori che contribuiscono al pagamento iniziale per il collegamento alla rete, con l'intenzione di espandere potenzialmente la capacità del progetto a oltre 100MW/400MWh.
Questo rappresenta il quarto progetto di sviluppo BESS per N2OFF, che ha ulteriori iniziative in corso in Germania e Italia. L'accordo di finanziamento prevede un periodo di rimborso fino a 30 mesi, con N2OFF che ha diritto al 15% dei profitti netti derivanti dalla vendita del progetto.
L'iniziativa arriva in un contesto di crescenti preoccupazioni energetiche in Europa, evidenziate dai recenti blackout diffusi in Spagna e Portogallo che hanno interrotto infrastrutture critiche e servizi pubblici.
N2OFF Energy (NASDAQ: NITO) ha anunciado su entrada en el mercado de energías renovables de Polonia mediante la participación en el financiamiento de un proyecto de 35MW/140MWh de Sistema de Almacenamiento de Energía con Baterías (BESS). La compañía es uno de los cuatro prestamistas que financian el pago inicial para la conexión a la red, con planes de ampliar potencialmente la capacidad del proyecto a más de 100MW/400MWh.
Este es el cuarto proyecto de desarrollo BESS de N2OFF, con otros proyectos en curso en Alemania e Italia. El acuerdo de financiamiento incluye un período de reembolso de hasta 30 meses, y N2OFF tiene derecho al 15% de las ganancias netas de la transacción tras la venta del proyecto.
La iniciativa surge en medio de crecientes preocupaciones energéticas en Europa, destacadas por los recientes cortes masivos de electricidad en España y Portugal que afectaron infraestructuras críticas y servicios públicos.
N2OFF Energy (NASDAQ: NITO)가 35MW/140MWh 배터리 에너지 저장 시스템(BESS) 프로젝트 금융 참여를 통해 폴란드 재생에너지 시장에 진출했다고 발표했습니다. 이 회사는 초기 그리드 연결 비용을 지원하는 네 개 대출자 중 하나이며, 프로젝트 용량을 100MW/400MWh 이상으로 확대할 계획입니다.
이번 프로젝트는 N2OFF의 네 번째 BESS 개발 사업으로, 독일과 이탈리아에서도 추가 프로젝트가 진행 중입니다. 금융 계약에는 최대 30개월 상환 기간이 포함되어 있으며, 프로젝트 매각 시 거래 순이익의 15%를 N2OFF가 받을 권리가 있습니다.
이 사업은 최근 스페인과 포르투갈에서 발생한 대규모 정전으로 인해 중요한 인프라와 공공 서비스가 중단되는 등 유럽에서 에너지 문제에 대한 우려가 커지는 가운데 추진되고 있습니다.
N2OFF Energy (NASDAQ : NITO) a annoncé son entrée sur le marché polonais des énergies renouvelables en participant au financement d’un projet de Système de Stockage d’Énergie par Batterie (BESS) de 35MW/140MWh. L’entreprise fait partie des quatre prêteurs finançant le paiement initial pour la connexion au réseau, avec des plans potentiels d’extension de la capacité du projet à plus de 100MW/400MWh.
Il s’agit du quatrième projet de développement BESS de N2OFF, avec d’autres projets en cours en Allemagne et en Italie. L’accord de financement prévoit une période de remboursement pouvant aller jusqu’à 30 mois, et N2OFF a droit à 15 % des bénéfices nets issus de la vente du projet.
Cette initiative intervient dans un contexte de préoccupations croissantes liées à l’énergie en Europe, soulignées par les récentes coupures de courant généralisées en Espagne et au Portugal qui ont perturbé des infrastructures critiques et des services publics.
N2OFF Energy (NASDAQ: NITO) hat seinen Eintritt in den polnischen Markt für erneuerbare Energien bekannt gegeben, indem es sich an der Finanzierung eines 35MW/140MWh Batterie-Energiespeichersystems (BESS) beteiligt. Das Unternehmen ist einer von vier Kreditgebern, die die anfängliche Netzanschlusszahlung finanzieren, mit Plänen, die Kapazität des Projekts auf über 100MW/400MWh zu erweitern.
Dies ist N2OFFs viertes BESS-Entwicklungsprojekt, mit weiteren Projekten in Deutschland und Italien. Die Finanzierungsvereinbarung sieht eine Rückzahlungsfrist von bis zu 30 Monaten vor, wobei N2OFF Anspruch auf 15 % des Nettogewinns aus dem Verkauf des Projekts hat.
Die Initiative erfolgt vor dem Hintergrund wachsender Energiebedenken in Europa, die durch jüngste weitreichende Stromausfälle in Spanien und Portugal verdeutlicht wurden, welche kritische Infrastrukturen und öffentliche Dienstleistungen beeinträchtigten.
- Entry into the Polish renewable energy market expands N2OFF's European presence
- Potential project capacity expansion from 35MW/140MWh to over 100MW/400MWh
- 15% share of net profits from the project sale
- Strategic timing amid European energy crisis creating strong market demand
- Long repayment period of up to 30 months
- Return dependent on successful project sale
- Limited 15% profit share compared to other participants
Insights
N2OFF expands European energy storage footprint with 15% stake in Polish battery project amid growing regional power stability concerns.
N2OFF's entry into the Polish energy storage market represents a strategic expansion of their European footprint. The company is participating in financing a 35MW/140MWh Battery Energy Storage System with potential future expansion to over 100MW/400MWh capacity. This marks their fourth BESS development project, with others already underway in Germany and Italy.
The timing is particularly significant given recent widespread power outages across Spain and Portugal that highlighted critical vulnerabilities in European grid infrastructure. These blackouts caused substantial disruptions to transportation, healthcare, and other essential services, demonstrating the urgent need for grid stability solutions.
The structured financing agreement involves four parties, with N2OFF entitled to 15% of net profits upon project sale, expected within 30 months. This approach allows N2OFF to participate in the growing European energy storage market with limited capital exposure while maintaining meaningful upside potential.
Battery storage systems are becoming increasingly vital infrastructure components as Europe transitions to renewable energy. These systems provide essential grid balancing capabilities, frequency regulation, and backup power during outages. Poland represents an emerging market for such technology as the country works to modernize its grid and increase renewable energy integration.
This investment aligns with N2OFF's broader business strategy of positioning itself within critical clean energy infrastructure markets while European governments face mounting pressure to invest in grid resilience amid the ongoing energy transition.
N2OFF to take part in financing a 35MW/140MWh planned Battery Energy Storage System project in Poland
Neve Yarak, Israel, May 15, 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 for agri- tech, recently announced its entry into the Polish renewable energy market by participating in the financing of a Battery Energy Storage System (BESS) project in Poland.
The project, currently planned at 35MW/140MWh, represents a significant step in expanding Solterra’s large-scale energy storage solutions in the region. N2OFF, along with other lenders, will assist with financing an initial payment under a signed grid connection agreement. Future development plans include applying for an increase in capacity to more than 100MW/400MWh.
According to World Economic Forum, the blackouts across Spain and Portugal have led to calls for governments to invest in resilient electricity systems as the energy transition progresses. Late last month, the countries suffered a power outage that lasted for many hours, grounding planes, halting public transport and forcing hospitals to suspend operations. The outage highlighted how every area of modern society can be affected if power drops.
The root cause of the incident remains unknown, but Spain lost around
This is Solterra’s fourth BESS development project and Solterra is engaged in additional later stages projects in Germany and Italy.
N2OFF is one of four parties providing financing under a structured agreement, with the funds currently expected to be repaid upon the sale of the project within a period of up to 30 months. In addition to the return of principal, each lender will be entitled to a portion of the net profits based on their participation. N2OFF’s share is
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 Registration Statement on Form S-1/A filed with the SEC on February 14, 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 Contact:
Michal Efraty
michal@efraty.com
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