
Dr. Hugh Hind explains why MENA region is at the Forefront of Solar Revolution
Our CTO, Dr. Hugh Hind explains why MENA region, with one of the best global solar irradiance levels & state of art infrastructure funded by massive investments, is at the forefrontย solarย revolution in the 2022 ๐๐๐๐๐ ๐๐จ๐ฅ๐๐ซ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค ๐๐๐ฉ๐จ๐ซ๐ญ. AI Integration in PV Plants
๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โชย Countries like Algeria, Egypt, Iran, Iraq, Jordan, Oman, Qatar, Saudi Arabia witnessing staggering IoT+AI implementation for solar. Eg The Saudi smart grid market, predicted to reach $3.6Bn valuation before 2030
โช ๐๐๐ ๐๐ง๐ ๐๐ ๐๐๐ฌ๐๐ ๐๐ง๐๐ซ๐ ๐ฒ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ offering truly advanced performance & predictive analytics are key to asset profitability, increasing energy generation efficiency, grid stability, & managing the more variable generation, storage aspects of solar/wind generated electricity
โช ๐๐ ๐๐๐ฌ๐๐ ๐๐๐ฏ๐๐ง๐๐๐ ๐๐๐ญ๐ ๐๐ง๐๐ฅ๐ฒ๐ญ๐ข๐๐ฌ playing a critical role in accelerating solar adoption, gaining rapid acceptance among grid operators, plant owners & operators, electricity system regulators. Globally, investment in AI within sustainable energy is expected to be over $7.78Bn by 2024
โช ๐๐๐ฏ๐๐ง๐ญ๐๐ ๐๐ฌ ๐จ๐ ๐๐ ๐๐๐ฌ๐๐ ๐๐ง๐๐ฅ๐ฒ๐ญ๐ข๐๐ฌ
โซ Effortless, RealTime remote monitoring+reconfiguration of distributed plants
โซย Highest accuracy in detecting emerging events & faults
โซย Accurate future generation prediction+emerging fault forecasts with bleeding edge pattern recognition & noise elimination
โซ Deep analysis of economic impacts of the detected changes & faults
โซ Sharp improvements in operatorsโ ability to control plants & deploy maintenance teams, who can in turn plan substantial savings in terms of human effort, quantity of scarce resources (like water) etc.
โช AI based analytics is a key driver to keep solar electricityโs levelized cost of energy below the rapidly reducing MW-hr prices set in PPA agreements
Read the full report
Special thanks toย Middle East Solar Industry Association (MESIA)
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