- Collaboration not only supports Masdar’s ambitious goals of expanding its renewable energy capacity and green hydrogen production but also heralds a new era of sustainable economic opportunities in the UAE and beyond.
ABU DHABI: Abu Dhabi Future Energy Company PJSC, commonly known as Masdar, has recently embarked on a transformative journey in the renewable energy sector through a partnership with Presight, a prominent player in big data analytics powered by generative artificial intelligence (AI).
The strategic alliance aims to develop an innovative asset management tool designed to optimise Masdar’s extensive portfolio of renewable energy projects worldwide.
Masdar’s renewable energy initiatives generate a staggering volume of data daily, derived from critical equipment such as solar panels, inverters, and wind turbines.
The wealth of information presents a unique opportunity for analysis and evaluation, potentially yielding invaluable insights that can facilitate data-driven decision-making. By leveraging AI to create an asset management tool, Masdar seeks to transition its operations from a reactive model to a proactive, predictive approach.
Enhancing operational efficiency
The shift will enable the company to analyse operational patterns and anticipate issues before they manifest, ultimately enhancing operational efficiency, reducing downtime, and increasing energy production.
As a leader in innovation and development within the renewable energy sphere, Masdar’s collaboration with Presight epitomises its commitment to adopting advanced technologies. By integrating AI into its energy management systems, Masdar is not only modernising its operational framework but also ensuring smarter energy provision.
The move underscores the significant role that AI is poised to play in the energy sector, particularly in enhancing efficiency and optimizing energy grids while fortifying resilience.
Masdar’s Chief Executive Officer, Mohamed Jameel Al Ramahi, articulated the natural evolution of the company’s technological pursuits, stating that their extensive experience with cutting-edge clean energy technologies has led them to explore AI’s potential for further improving energy system efficiency.
“The partnership aligns with the broader vision of fostering a low-carbon, high-growth future, thereby reinforcing Masdar’s position as a pivotal player in the global sustainability landscape.”
