N2OFF to Expand its Melz Solar Project with Battery Storage
N2OFF (NASDAQ: NITO) announced the expansion of its Melz solar project in Germany with a significant battery storage component. The company will provide additional debt financing to Solterra Renewable Energy for integrating a 107 MW / 214 MWh battery energy storage system (BESS) into its existing 115 MWp solar photovoltaic project.
The financing includes a €600,000 loan at 7% interest, with N2OFF entitled to 25% of potential profits after loan repayment. According to Entrix's analysis, the BESS integration could increase project revenues by 40-50%, generating additional income of €100-120 per MW annually through load shifting and ancillary services.
The Melz project, expected to receive final plan approval in early 2026, is part of N2OFF's broader renewable energy partnership with Solterra, which includes multiple BESS projects across Europe.
N2OFF (NASDAQ: NITO) ha annunciato l'ampliamento del progetto solare Melz in Germania includendo una consistente componente di accumulo. La società fornirà un finanziamento di debito aggiuntivo a Solterra Renewable Energy per integrare un BESS da 107 MW / 214 MWh nel suo esistente progetto fotovoltaico da 115 MWp.
Il finanziamento prevede un prestito di €600.000 al 7% di interesse, con N2OFF che avrà diritto al 25% degli eventuali profitti una volta rimborsato il prestito. Secondo l'analisi di Entrix, l'integrazione del BESS potrebbe aumentare i ricavi del progetto del 40-50%, generando un reddito aggiuntivo di €100-120 per MW all'anno mediante spostamento dei carichi e servizi ancillari.
Il progetto Melz, per il quale si prevede l'approvazione finale del piano all'inizio del 2026, fa parte della più ampia partnership di N2OFF con Solterra sulle energie rinnovabili, che comprende più progetti BESS in tutta Europa.
N2OFF (NASDAQ: NITO) anunció la ampliación de su proyecto solar Melz en Alemania incorporando una importante componente de almacenamiento en baterías. La compañía otorgará financiación adicional mediante deuda a Solterra Renewable Energy para integrar un BESS de 107 MW / 214 MWh en su ya existente proyecto fotovoltaico de 115 MWp.
La financiación incluye un préstamo de €600.000 al 7% de interés, con N2OFF con derecho al 25% de los posibles beneficios una vez devuelto el préstamo. Según el análisis de Entrix, la integración del BESS podría incrementar los ingresos del proyecto en un 40-50%, generando ingresos adicionales de €100-120 por MW al año mediante el desplazamiento de carga y servicios auxiliares.
Se espera que el proyecto Melz reciba la aprobación final del plan a principios de 2026 y forma parte de la colaboración más amplia de N2OFF con Solterra en energías renovables, que incluye varios proyectos BESS en Europa.
N2OFF (NASDAQ: NITO)는 독일의 멜츠 태양광 프로젝트를 대규모 배터리 저장 장치 추가로 확장한다고 발표했습니다. 회사는 기존 115 MWp 태양광 프로젝트에 107 MW / 214 MWh 배터리 에너지 저장 시스템(BESS)을 통합하기 위해 Solterra Renewable Energy에 추가 부채 자금을 제공합니다.
이번 자금은 연 7% 이자의 €600,000 대출을 포함하며, 대출 상환 후 N2OFF는 잠재 이익의 25%를 받을 권리가 있습니다. Entrix의 분석에 따르면 BESS 통합으로 프로젝트 수익이 40-50% 증가할 수 있으며, 부하 이동 및 보조 서비스로 MW당 연간 €100-120의 추가 수익이 발생할 것으로 예상됩니다.
멜츠 프로젝트는 2026년 초에 최종 계획 승인 받을 것으로 예상되며, 이는 유럽 전역의 다수 BESS 프로젝트를 포함하는 Solterra와의 N2OFF의 광범위한 재생에너지 파트너십의 일환입니다.
N2OFF (NASDAQ: NITO) a annoncé l'extension de son projet solaire Melz en Allemagne en y ajoutant une importante composante de stockage par batterie. La société fournira un financement par dette supplémentaire à Solterra Renewable Energy pour intégrer un Système de stockage d'énergie par batterie (BESS) de 107 MW / 214 MWh à son projet photovoltaïque existant de 115 MWp.
Le financement comprend un prêt de 600 000 € à 7% d'intérêt, N2OFF ayant droit à 25% des bénéfices potentiels après remboursement du prêt. Selon l'analyse d'Entrix, l'intégration du BESS pourrait augmenter les revenus du projet de 40 à 50%, générant un revenu additionnel de 100–120 € par MW et par an grâce au lissage des charges et aux services auxiliaires.
Le projet Melz, dont l'approbation finale du plan est attendue début 2026, s'inscrit dans le partenariat plus large de N2OFF avec Solterra dans les énergies renouvelables, qui comprend plusieurs projets BESS à travers l'Europe.
N2OFF (NASDAQ: NITO) hat die Erweiterung seines Solarprojekts Melz in Deutschland mit einer bedeutenden Batteriespeicherkomponente angekündigt. Das Unternehmen stellt Solterra Renewable Energy zusätzliche Fremdfinanzierung zur Integration eines 107 MW / 214 MWh Batterieenergiespeichers (BESS) in das bestehende 115 MWp Photovoltaikprojekt bereit.
Die Finanzierung umfasst ein €600.000 Darlehen zu 7% Zinsen, wobei N2OFF nach Tilgung des Darlehens Anspruch auf 25% der möglichen Gewinne hat. Laut Analyse von Entrix könnte die BESS-Integration die Projekterlöse um 40–50% steigern und zusätzlich €100–120 pro MW jährlich durch Lastverschiebung und Systemdienstleistungen erwirtschaften.
Das Melz-Projekt, dessen finale Genehmigung des Plans Anfang 2026 erwartet wird, ist Teil der umfassenderen Erneuerbare-Energien-Partnerschaft von N2OFF mit Solterra, die mehrere BESS-Projekte in Europa umfasst.
- Integration of BESS expected to boost project revenues by 40-50%
- Additional revenue potential of €100-120 per MW annually from grid services
- Company secured 25% profit share after loan repayment
- Loan terms include favorable 7% interest rate
- Project diversifies revenue streams through multiple grid services
- Final plan approval not expected until early 2026
- Additional debt financing required for BESS integration
- Project success dependent on regulatory approvals and market conditions
Insights
N2OFF's Melz project BESS integration could boost revenues 40-50%, enhancing stockholder returns through diversified revenue streams.
This strategic expansion of N2OFF's Melz solar project represents a significant evolution in the company's asset optimization approach. By integrating a 107 MW / 214 MWh battery energy storage system with the existing 115 MWp solar installation, N2OFF is positioning itself to capture multiple value streams beyond simple power generation.
The financial structure is particularly noteworthy: N2OFF provided additional funding of
Revenue enhancement projections of
The broader context reveals N2OFF's strategic emphasis on battery integration across markets, with similar projects in Italy (two 98 MW / 392 MWh systems), Poland (35 MW / 140 MWh), and expansion into Albania. This indicates a cohesive company-wide strategy leveraging energy storage to maximize returns from renewable assets.
Notably, while municipal approval has been secured for the Melz project, final plan approval isn't anticipated until early 2026, suggesting a realistic timeline for revenue impact. The investment now positions N2OFF to capitalize on evolving European electricity markets that increasingly value flexible capacity alongside raw generation.
According to Entrix, the project’s expansion is projected to boost the project’s revenue, potentially paving the way for higher returns to N2OFF’s stockholders.
Neve Yarak, Israel, Sept. 11, 2025 (GLOBE NEWSWIRE) -- N2OFF, Inc. (NASDAQ: NITO) (“N2OFF” and the “Company”), a cleantech company investing in solar energy assets based on the RTB (Ready to Build) business model, today announced its decision to extend additional debt financing to Solterra Renewable Energy Ltd. (“Solterra”) in connection with its previously reported Melz solar project for the purpose of integrating a large-scale battery energy storage system (BESS) into its 115 MWp solar photovoltaic project in Melz, Germany. The planned “green” BESS will have a capacity of 107 MW / 214 MWh and is designed to optimize electricity sales while providing additional grid services (the “Green BESS Project”).
On September 8, 2025, N2OFF and other lenders provided additional funding to Solterra in the amount of
Entrix, a German based EU-energy trader, conducted a study and concluded that the Green BESS Project has the potential to significantly enhance the potential revenues.
Constantin Nicklas, Head of Sales at Entrix commented, “With the addition of the BESS, we expect to significantly boost project revenues through an integrated co-optimization maximizing revenues across the entire project, i.e. both solar and BESS”
A complementary analysis by another consultancy firm further evaluated the revenue potential from ancillary grid services in addition to arbitrage. This assessment highlighted significant additional income from frequency containment reserve (FCR), automatic frequency restoration reserve (aFRR), voltage support, and other flexibility services such as black start capability. Based on these findings, the combined contribution of load shifting and ancillary services could yield incremental revenues of
Factoring in these additional revenue streams, the profitability of the Melz project has the potential to significantly increase compared to the original business case.
“Adding 107 MW / 214 MWh storage system to the Melz project represents a significant value enhancement endeavor,” said David Palach, CEO of N2OFF. “By combining a high-capacity battery with our 115 MWp solar plant, we are aiming to create a long-term, cash-generating asset with stable, diversified revenues and strong return potential for our stockholders.”
The Melz project is part of N2OFF’s flagship joint venture in the renewable energy sector, which received municipal approval on December 31, 2024, to proceed towards the inclusion in the statutory plan ("Bebauungsplan"). Final plan approval is anticipated in early 2026. Integrating battery storage will enable the facility to shift loads and sell power during peak pricing periods, while also supplying ancillary services to the grid, creating multiple revenue streams.
The Melz project is part of N2OFF’s broader partnership with Solterra Renewable Energy Ltd., a wholly owned subsidiary of Solterra Energy Ltd., to accelerate the development of high-potential renewable energy projects across Europe. Current joint initiatives include:
- Two BESS projects in Sicily, Italy (98 MW / 392 MWh each)
- An exclusive agreement to co-develop solar PV projects in Albania
- 35 MW / 140 MWh BESS project in Poland
About Entrix:
Entrix is an energy leader for flexible energy systems in Europe. Beyond AI-powered trading, Entrix provides innovative solutions for long-term revenue security and grid-supportive battery operation. With their full-service package, Entrix supports customers throughout every project phase – from technical design and integration, to continuous optimization, all the way to 24/7 operational support. That includes adapting to changing market conditions and unlocking new revenue opportunities.
With more than 2.4 GW and 7GWh as well as 46 battery storage assets under contract, Entrix is active in Germany, Poland, Italy, Spain, and Portugal, with offices in Munich, Warsaw, Milan, and Madrid. Entrix has been pioneering battery optimization in Germany by managing one of the country’s first large-scale storage projects – and is now the trusted partner of leading infrastructure players such as Encavis, MEAG (Munich Re), as well as a wide range of local utilities. To learn more please visit Entix’s website: www.entrixenergy.com/en
About N2OFF Inc:
N2OFF is a cleantech company mainly engaged in EU based solar assets using the RTB (Ready to Build ) business model. N2OFF is currently the lead investor in four solar projects in three different EU countries, all of which were introduced by Solterra Renewable Energy Ltd., a wholly owned subsidiary of Solterra Energy Ltd.
N2OFF also controls approximately
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 Energy Ltd., 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. Any projections or statements by Entrix reflect the views of Entrix and not those of Company. The Company does not endorse or adopt such statements or projections. 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 Contact:
Michal Efraty
michal@efraty.com
FAQ
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