N2OFF (NITO) announced it has signed a binding term sheet with Solterra Energy to collaborate exclusively on renewable energy projects in Albania for one year, focusing primarily on solar energy and battery storage. Under this agreement, The parties will look to present potential Projects, introduced through their local relationships, while Solterra will conduct feasibility analyses. If the analyses yield positive results and both parties approve, Solterra will handle project development, and Nito will oversee financing, either directly or through a financing partner.
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