N2OFF (NITO) shares more than tripled in recent Thursday trading after the company won approval for the submission of the statutory plan for its 111 MWp solar photovoltaic joint-venture project in Melz, Germany.
The approval by the Melz municipal committee follows an environmental and planning review and brings the project closer to achieving ready-to-build status by the end of 2025, N2OFF said Thursday in a statement.
The project, a venture with Solterra Renewable Energy, aims to develop renewable energy facilities across Europe.
Price: 0.86, Change: +0.61, Percent Change: +246.37
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