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E.ON: technical director for EU-India energy project

(CercleFinance.com) - Germany's E.
ON has become the technical director of an EU project combining 14 partners from nine European countries and Indian energy utility Tata Power, the company said on Tuesday.

The partners plan to develop mobile storage as a fast and cost-effective solution to reduce overload and increase flexibility in the distribution network.

Funded by the European Union with a total investment volume of 10.7 million euros, the "iElectrix" project is part of the EU's largest research and innovation program, "Horizon 2020".

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