Positive Signs Support Solar Sector
"AI [artificial intelligence] and predictive technologies will minimize the risks associated with solar power production," Muhammad Malik, CEO and founder of NeuerEnergy, told POWER. “We can expect more utilities to use an intuitive API-based [Application Programmable Interface] platform, especially one that uses AI with SaaS [software-as-a-service] applications to provide real-time information about the risks associated with solar power generation receive. This includes constant market price fluctuations, which, in conjunction with falling government subsidies, can increase the cost of energy generation. Since operational maintenance causes additional costs, this often leads to lower margins for energy producers and increased service costs. "