Welcome to our dedicated page for N2OFF news (Ticker: NITO), a resource for investors and traders seeking the latest updates and insights on N2OFF stock.
N2OFF, Inc. (NASDAQ: NITO) generates news across several distinct areas, reflecting its profile as a clean tech and cleantech company with activities in renewable energy, agri-tech, and biotechnology. Company announcements describe N2OFF as mainly engaged in EU-based solar assets using a Ready to Build (RTB) business model, while also owning MitoCareX Bio Ltd., a drug discovery company targeting cancer therapeutics through the mitochondrial SLC25 protein family, and controlling a majority stake in Save Foods Ltd., an Israeli post-harvest treatment company focused on pathogen contamination in fruits and vegetables.
News updates frequently cover renewable energy milestones, including progress on solar photovoltaic and battery energy storage projects in European Union countries through partnerships with Solterra Renewable Energy Ltd. These releases highlight permitting developments, funding arrangements, and changes in project economics for flagship projects in markets such as Germany and Italy.
Another stream of coverage focuses on biotech and precision oncology activity at MitoCareX. N2OFF reports on scientific advances related to mitochondrial SLC25 transport proteins, the use of the MITOLINE™ algorithm for 3D protein modeling and virtual screening, and progress toward identifying hit compounds and potential preclinical candidates for hard-to-treat cancers.
Investors following NITO news will also see corporate and capital markets updates, such as the completion of the MitoCareX acquisition, reverse stock split implementation, Nasdaq minimum bid price compliance, and agreements involving the planned transfer of N2OFF’s majority stake in Save Foods to Voice Assist, Inc. Together, these categories of news provide insight into how N2OFF manages its multi-segment portfolio across clean energy, agri-tech, and biotech drug discovery.
N2OFF (NASDAQ: NITO) has announced a 1-for-35 reverse stock split effective September 22, 2025. The move aims to regain compliance with Nasdaq's continued listing requirements and attract institutional investors. Following the split, the company's outstanding shares will decrease from approximately 33 million to 953 thousand shares.
The reverse split was previously approved by stockholders at a Special Meeting on June 28, 2024. The company's stock will continue trading under the symbol "NITO" with a new CUSIP number 80512Q501. Proportionate adjustments will be made to outstanding options and warrants, and fractional shares will be rounded up to the next whole share.
N2OFF (NASDAQ: NITO) reported significant progress in its European solar and energy storage initiatives. The company's flagship project in Melz, Germany includes a 115 MWp solar PV facility and a 107 MW/214 MWh battery storage system, with RTB status expected by 2026. The project received municipal approval and secured grid connection through E.dis.
In Italy, N2OFF holds a 70% stake in two Battery Energy Storage Systems in Sicily, each with 98 MWp/392 MWh capacity. Both projects have received connection approval from Terna SpA and are expected to reach RTB status by mid-2027. The company provided €600,000 in debt financing for the Melz BESS integration, featuring a 7% annual interest rate and 25% profit-sharing agreement.
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) has completed the second installment of a $2.7 million investment for two Battery Energy Storage Systems (BESS) in Sicily, Italy. The company has invested $1.2 million to date through its 70%-owned Italian subsidiary for the development of two 98MWp/392MWh BESS facilities.
The projects, with a combined capacity of 196 MWp, are estimated to be worth up to $13.5 million based on an industry valuation of $70,000 per MW. The BESS projects have received preliminary grid connection approvals from Terna SpA and are expected to achieve Ready-to-Build (RTB) status within 18-24 months.
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 (NASDAQ: NITO) has announced its entry into the Polish renewable energy market through its participation in financing a Battery Energy Storage System (BESS) project via Solterra. The project is initially planned at 35MW/140MWh with potential expansion to over 100MW/400MWh.
This marks Solterra's fourth BESS development project, with the company already engaged in projects in Germany and Italy. N2OFF is one of four financing parties and will be entitled to 15% of the net profits from the transaction. The financing is structured with an expected repayment period of up to 30 months upon project sale.
The investment aligns with N2OFF's strategy to expand into high-potential renewable energy markets while supporting grid-scale energy storage infrastructure development.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) has signed a non-binding letter of intent (LOI) with SB Impact 4 and Solterra for the potential development of four utility-scale Battery Energy Storage System projects in Puglia, Italy, with a combined capacity of 380 MW.
The LOI extends an existing Development Service Agreement that grants exclusivity to SB Impact 4 and N2OFF for project evaluation and acquisition within a 60-day period. Some projects have already secured grid connections, while others are in early development stages.
These initiatives are part of N2OFF's joint venture with Solterra Renewable Energy , focusing on solar and energy storage. The company has already committed €4.4 million in projects across Germany and Italy, representing over 300 MW of total capacity. The development process will include structured payments based on key milestones such as land reservation, permits, and project readiness.
N2OFF (NASDAQ: NITO) has signed a definitive agreement with Solterra Renewable Energy's Italian subsidiary to acquire two Battery Storage (BESS) systems in Sicily, Italy. Each system has a capacity of 98MWp/392MWh, totaling 196 MWp. The deal involves an investment of up to €2.3 million, with N2OFF securing 70% ownership.
This acquisition is part of N2OFF's broader commitment to invest up to €4.4 million in projects across Germany and Italy, targeting over 300 MW total capacity. The development timeline for these BESS projects is estimated at 18-24 months to reach Ready-to-Build stage. The projects have received connection capacity approval from Terna SpA, the Italian transmission company.
The initiative aligns with Italy's MACSE scheme, which plans to conduct its first energy storage capacity auctions in H1 2025, offering 15-year contracts to support renewable energy transition and grid stability.
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