Global grid capacity needs to grow 2.5 times its current size, and annual expenditure on grids must more than double to US$970 billion by 2050, according to a new report from DNV.
The streamlining of all phases of a PV project will be essential to ensuring anticipated deployment goals are met. Tom Kenning looks at the AI-enabled technologies helping speed up project construction and easing a shortage of skilled labour.
AI-based monitoring systems can help PV plant operators understand and manage the impacts of extreme conditions in a multitude of ways. George Heynes looks at some of the ways AI is being harnessed to bolster system output and longevity.
Energy storage software and services firm Stem, Inc said its acquisition of PV asset management company AlsoEnergy will allow it to “unlock significant value” within renewable energy after the transaction completed.
Accurate generation modelling and forecasting is integral to not just the financial performance of operational solar farms, but how they are integrated into modern grids. A study from Monash University in Australia has proven how artificial intelligence approaches can help drastically improve performance forecasts. Dr. Christoph Bergmeir, who led that study, details its key learnings.