Spanish multinational utility Iberdrola will be leading the effort, together with Siemens-Gamesa, Ingeteam R&D Europe, Indar, OSI Digital Grid Solutions, Balantia and Wallbox, under the Flexible Energy System for the Efficient Integration of New Decarbonisation Technologies (Flexener) initiative.
The €7.6 million ($8.9 million) programme will run from 2021 through 2023. The Spanish Ministry of Science and Innovation through its Centre for the Development of Industrial Technology is providing the funding.