Masdar has signed an agreement with Presight, a leading big data analytics company powered by generative artificial intelligence (AI), to develop an asset management tool for its renewable energy projects globally.
Masdar’s renewable projects generate billions of data points every day from the equipment they use, such as solar panels, inverters and wind turbines. The vast amount of data can be analysed and evaluated to generate valuable insights and enable data-driven decision making.
By developing an AI-based asset management tool, Masdar is seeking to digitise its operations worldwide, moving from a reactive model to a predictive approach where it can analyse data and operational patterns to anticipate issues in advance, enhance efficiency, address failures before they occur, reduce downtime, and ultimately boost energy production.
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