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N2OFF via Solterra Expands European Footprint with Entry into Fourth Project – a Battery Storage Venture in Poland

Core Insights - N2OFF, Inc. is participating in financing a 35MW/140MWh Battery Energy Storage System project in Poland, marking its entry into the Polish renewable energy market [1][2] - The project aims to expand Solterra's large-scale energy storage solutions, with future plans to increase capacity to over 100MW/400MWh [2] - N2OFF is one of four lenders involved in a structured financing agreement, expecting repayment within 30 months and a share of 15% of the net profits from the project [3] Company Overview - N2OFF, Inc. focuses on sustainable energy solutions and has recently entered the solar PV market, planning to provide funding for projects totaling 111 MWp [4] - The company is also involved in post-harvest treatments through its majority-owned subsidiary, Save Foods Ltd., which targets pathogen contamination in fruits and vegetables [4] Strategic Goals - The entry into the Polish market aligns with N2OFF's strategy to expand into high-potential renewable energy projects across different markets, emphasizing the importance of grid-scale energy storage for a stable, low-carbon energy future [4]