N2OFF Shares Skyrocket 66% After Italy Renewable Energy Deal
N2OFF Inc. (NYSE: N2OFF) saw its shares triple to $3.23 , marking a significant rise after the company signed a binding agreement with Soltera Brand Services Italy —a key player in the renewable energy sector. This agreement, which includes a major letter of intent (LOI), has triggered strong market enthusiasm, pushing shares to a 52-week high of $3.49 earlier in the session. As of now, N2OFF shares are up 66% over the past 12 months, signaling investor confidence in the company’s growth potential and its strategic move into the renewable energy market . Key Details of N2OFF’s Partnership with Soltera Brand Services Italy Under the newly signed letter of intent , N2OFF will be involved in the purchase and development of two large-scale battery storage systems in Sicily , Italy. Each system will have a capacity of 392 megawatt hours (MWh), contributing to Italy’s growing need for sustainable and efficient energy storage solutions. The total investment for the project is expec...