Industrial Solar awarded grant for R&D project in the field of Artificial Intelligence
Industrial Solar awarded grant for R&D project in the field of Artificial Intelligence
Clean Industry Solutions Holding Europe AB (ClSH) joins the ranks of companies leading the fourth industrial revolution under Artificial Intelligence (AI) banners, as its subsidiary company, Industrial Solar GmbH, has successfully been awarded a grant of total € 76,565 by the Ministry of Economic Affairs, Labor and Tourism of the state of Baden-Württemberg to optimize the performance and reliability of its concentrating solar technology.
Today, Industrial Solar, a turnkey provider for customized renewable energy solutions, received the approval of its application for the AI innovation competition. The AI-based development project, funded by the Ministry of Economic Affairs, Labor and Tourism, will kick off in the first half of July 2021 and is set to be completed by the end of August 2022. During this period of 14 months, Industrial Solar will develop and integrate two AI concepts, in an effort to optimize the operation and maintenance of its industrial concentrating solar collector. The two concepts will include a sensor-condition-monitoring tool to utilize the predicted readings to detect any abnormal sensor behavior, as well as a predictive preventive maintenance tool to provide a proactive fault-detection. Consequently, the successful integration of these AI tools could be instrumental to further optimize the company’s operations and push the industry one step towards transitioning to fossil fuel free operations. Industrial Solar will receive a grant of € 76,565.