According to Amac News: Masdar's announcement states that the agreement was signed to develop an asset management tool for renewable energy projects around the world.
Masdar seeks to digitize its operations worldwide by developing an AI-based asset management tool.
Masdar has been at the forefront of innovation and development in the renewable energy sector. Through an agreement with Presight, it uses the same innovative approach using artificial intelligence technology to make its energy supply smarter.
Artificial intelligence plays an important role in the energy sector, enhancing efficiency and operational patterns, while using predictive analytics to optimize energy networks and increase resilience.
Since its establishment in 2006, Masdar has been instrumental in the vision of the UAE as a global leader in sustainability and climate action.
The company has developed projects in more than 40 countries with the mandate to increase the capacity of the renewable energy portfolio to 100 GW by 2030 and to become the leading producer of green hydrogen by the same year.