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Masdar and Presight to Launch AI Global Asset Management Tool

2024-10-17 13:57

Wedoany.com Report-Oct 17, UAE-based Masdar has teamed up with Presight to create an AI-based asset management tool to manage its renewable energy projects globally.

The partnership aims to harness the billions of data points generated daily by Masdar’s equipment, such as solar panels and wind turbines.

Presight CEO Thomas Pramotedham stated: “Clean energy has a number of specific operational needs, from managing shifting supply throughout the day to efficiently merging with other forms of energy in the grid. As a global clean energy leader, Masdar generates billions of data points across its extensive portfolio.

“This partnership therefore represents a unique opportunity to develop a bespoke tool that consolidates all that information, uncovers hidden insights and takes action to improve efficiency, predict maintenance needs and ultimately increase the supply of renewable energy.

“This will be transformational for the sector, and so I’m looking forward to seeing this collaboration progress.”

By digitising its operations, Masdar seeks to anticipate issues before they arise, reducing downtime and increasing energy production.

The development of the AI tool marks a significant step for Masdar in adopting a predictive approach to asset management.

Asia United Arab Emirates Environmental friendly

Clean energy

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