N2OFF Completes $1.2 million of its $2.7 million Total Commitment to Finance 196MWp Battery Energy Storage Assets in Italy
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 11 2025
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Source: Globenewswire
Investment in Battery Storage Projects: N2OFF, Inc. has completed a $2.7 million investment for the development of two Battery Energy Storage Systems (BESS) in Sicily, Italy, with a combined capacity of 196 MWp, potentially valued at up to $13.5 million.
Future Growth and Market Potential: The projects aim to enhance grid stability and are expected to achieve Ready-to-Build status within 18-24 months, coinciding with Italy's growing solar market projected to reach 52 GW of capacity by 2030.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
