N2OFF As Part Of Its Joint Venture With Solterra Renewable Energy Announces The First Solar PV Project Secured The Required Approval To Connect To The Power Grid Of A Regional Energy Service Provider In Germany
Portfolio Pulse from Benzinga Newsdesk
N2OFF, Inc. (NASDAQ:NITO) announced that its joint venture with Solterra Renewable Energy has secured approval for its first solar PV project to connect to the power grid in Germany. The project, located in Melz, will have a capacity of 111 MWp.
August 27, 2024 | 1:17 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
N2OFF's joint venture with Solterra Renewable Energy has achieved a significant milestone by securing grid connection approval for its solar PV project in Germany, which will have a capacity of 111 MWp.
The approval for grid connection is a critical step in the development of the solar PV project, indicating progress and potential future revenue streams. This positive development is likely to boost investor confidence in N2OFF's growth prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90