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*** For immediate use October 24, 2012
Rome, London and Tokyo, October 24, 2012 - NEC Corporation (NEC; TSE:6701) and Enel Distribuzione, the company which manages Enel's (ENEL:MIL) electricity distribution grid in Italy, have expanded their existing strategic partnership for the development of Smart Grids, which began in April 2011, by signing a new memorandum of understanding (MOU).
The new agreement aims at increasing joint business opportunities in the smart energy field, one of the most promising areas of development for the energy industry. It enhances technical and commercial collaboration between the two companies in three key areas of new energy technologies.
Note to editors
In 2011, NEC established an Energy Competence Center in Italy. That same year, NEC signed an agreement with the country's Economic Development Ministry to examine the possibilities of basing its production of energy storage systems in Italy and developing advanced components for intelligent energy networks.
In April 2011, NEC and Enel joined forces to develop a wide range of solutions for Smart Grids and Smart Cities. Under the strategic partnership, the two companies started joint feasibility studies as well as deployed advanced, flexible, and cost-effective solutions for smart grids, focusing on energy storage in particular.
About NEC Corporation
NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. By providing a combination of products and solutions that cross utilize the company's experience and global resources, NEC's advanced technologies meet the complex and ever-changing needs of its customers. NEC brings more than 100 years of expertise in technological innovation to empower people, businesses and society. For more information, visit NEC at
http://www.nec.com.
NEC is a registered trademark of NEC Corporation. All Rights Reserved. Other product or service marks mentioned herein are the trademarks of their respective owners. (C)2012 NEC Corporation.
About Enel Distribuzione
Enel Distribuzione SpA operates 85% of the Italian electricity distribution network and is at the forefront in the development and roll-out of Smart Grids technologies, starting with Smart Meters and AMI (Automated Metering Infrastructure) deployed back in 2001. Enel Distribuzione SpA's "Telegestore", with over 32 million customers in operation, is the unique Smart Meter deployment worldwide of such a size. Enel Distribuzione SpA is also providing technology to other Enel Affiliates and is expanding in the global business of Smart Grids.
Shinya Hashizume
NEC Europe Ltd.
+44 (0)20 8752 2796
E-Mail:Shinya.Hashizume@emea.nec.com
Takehiko Kato
NEC Corporation
+81 (0)3 3798 6511
E-Mail:t-kato@cj.jp.nec.com