INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

DEWA, Stanford University system to boost production forecast at Al Maktoum solar park

Mohammed bin Rashid Al Maktoum Solar Park (DEWA)
    • The new system reduces errors in the forecast of photovoltaic production to less than 10 percent

    • It uses AI, deep learning, high-density cameras on the main satellite and a network of met stations

    DUBAI: The Dubai Electricity and Water Authority (DEWA) in collaboration with Stanford University will be deploying an advanced system to forecast photovoltaic (PV) production in the short term at the Mohammed bin Rashid Al Maktoum Solar Park.

    The park is the largest single-site solar park in the world using the Independent Power Producer (IPP) model with a planned capacity of 5,000MW by 2030.

    The new system, using DEWA’s Space-D program, reduces errors in the forecast to less than 10 percent.

    In a statement, DEWA said the research is part of its efforts to the Dubai Clean Energy Strategy 2050 to provide 75 percent of Dubai’s total power capacity from clean energy sources by 2050.

    The system uses modern technologies such as artificial intelligence, deep learning, high-density cameras on the main satellite and a network of metrological stations to predict irradiance, dust and cloud movement, which can affect PV performance.