Connect with us

Technology

AI in Energy Market Projected to Reach USD 22.2 Billion by 2033, AI Adoption Across Utilities and Renewable Energy Systems Fuels Strong Market Growth

Published

on

Growing Demand for Intelligent Energy Management Drives Market Expansion Through 2033

SAN FRANCISCO, June 22, 2026 /PRNewswire/ — According to a new market analysis by Grand View Research, the global AI in Energy market is entering a period of rapid expansion as utilities, grid operators, and energy companies increasingly adopt artificial intelligence technologies to improve operational efficiency, strengthen grid resilience, and optimize renewable energy integration. The market was valued at USD 5.1 billion in 2025 and is expected to reach USD 22.2 billion by 2033, expanding at a compound annual growth rate (CAGR) of 20.4% from 2026 to 2033.

The growing convergence of artificial intelligence and energy infrastructure is reshaping how electricity is generated, distributed, stored, and consumed. As energy systems become more decentralized and data-intensive, AI is emerging as a critical enabler of predictive analytics, demand forecasting, asset optimization, and real-time operational intelligence.

Digital Transformation Reshaping Energy Infrastructure Worldwide

The increasing deployment of smart meters, intelligent sensors, connected energy assets, and advanced grid management systems has created unprecedented volumes of operational data. Energy providers are leveraging AI-powered platforms to transform this data into actionable insights, enabling faster decision-making, lower maintenance costs, and improved service reliability.

According to Grand View Research, the market is being driven by the rising digitalization of energy infrastructure and the growing need for efficient management of generation, transmission, and distribution networks. AI solutions are helping utilities identify equipment failures before they occur, monitor grid performance in real time, and automate complex operational processes.

These capabilities are becoming increasingly important as energy providers face growing pressure to enhance reliability while supporting the transition toward cleaner and more sustainable energy systems.

Get Free Sample of this Research Report

Renewable Energy Integration Emerges as a Major Growth Catalyst

One of the most significant growth drivers for the AI in Energy market is the rapid expansion of renewable energy generation. Solar and wind resources introduce variability into power systems, creating new challenges for grid operators responsible for balancing supply and demand.

Artificial intelligence technologies enable advanced forecasting models that analyze weather patterns, historical generation trends, and real-time operational conditions to improve renewable energy output predictions and optimize dispatch decisions. These capabilities allow utilities and energy companies to better manage fluctuating renewable generation while maintaining grid stability.

The report highlights that renewable energy management accounted for 33.0% of the global market in 2025, making it the largest application segment. Growing investments in renewable power infrastructure, battery storage systems, and distributed energy resources continue to strengthen demand for AI-powered energy management platforms capable of enhancing grid stability and maximizing asset performance.

Predictive Maintenance and Automation Enhance Operational Efficiency

Beyond renewable energy management, AI is gaining significant traction across predictive maintenance, energy trading optimization, grid automation, and operational safety applications.

Energy companies are increasingly utilizing machine learning algorithms to identify anomalies, reduce downtime, and improve maintenance planning for critical infrastructure assets. AI-powered predictive maintenance solutions help operators monitor equipment health in real time, minimizing costly outages and extending asset lifecycles.

The growing use of advanced analytics also enables utilities to optimize energy distribution networks, improve customer service, and enhance overall operational efficiency.

Robotics Segment Expected to Witness Rapid Growth

As artificial intelligence capabilities continue to evolve, robotics is emerging as one of the fastest-growing application areas within the energy sector.

AI-enabled robots and drones are increasingly being deployed to inspect power plants, transmission networks, pipelines, wind farms, and solar facilities. These technologies provide continuous monitoring capabilities while reducing risks associated with hazardous or remote-site inspections.

According to Grand View Research, the robotics segment is projected to expand at a CAGR of 24.1% through 2033, reflecting growing industry investments in automation technologies designed to improve safety, operational visibility, and infrastructure management.

AI Solutions Continue to Lead Market Adoption

From a technology perspective, software and platform-based solutions continue to dominate industry spending. The report indicates that the solutions segment accounted for 69.2% of total market revenue in 2025, reflecting widespread adoption of AI-powered applications supporting forecasting, analytics, grid optimization, and operational automation.

Organizations across the energy value chain are investing in intelligent software platforms capable of delivering actionable insights from large and complex datasets.

Meanwhile, the services segment is expected to grow at a CAGR of 22.0% during the forecast period, driven by increasing demand for consulting, implementation, integration, training, and support services associated with AI deployments.

North America Maintains Market Leadership Position

Regionally, North America accounted for 38.2% of global revenue in 2025, maintaining its position as the largest regional market for AI in energy applications.

Strong investments in digital transformation initiatives, advanced utility infrastructure, smart grid technologies, and AI innovation ecosystems continue to support market growth throughout the region.

The United States remains a key contributor to market expansion, with increasing adoption of intelligent energy management systems, predictive maintenance solutions, and renewable energy optimization technologies. According to the report, the U.S. market is projected to expand at a CAGR exceeding 21.8% through 2033.

Rising Energy Demand from AI Infrastructure Creates New Opportunities

Industry experts note that the growing intersection between artificial intelligence adoption and energy demand is becoming an increasingly important strategic issue.

As AI workloads expand globally, data centers are consuming larger amounts of electricity, creating additional requirements for grid modernization, power management optimization, and infrastructure resilience. This trend is expected to accelerate investments in intelligent energy technologies capable of improving efficiency and supporting future electricity demand growth.

Utilities and energy providers are increasingly exploring AI-powered solutions to address both operational challenges and long-term sustainability objectives.

Browse more energy & power industry reports by Grand View Research: https://www.grandviewresearch.com/industry/energy-and-power

Competitive Landscape Characterized by Continuous Innovation

The competitive landscape includes a mix of global technology leaders, industrial automation providers, and specialized AI software companies focused on transforming energy operations through advanced analytics and machine learning technologies.

Major participants identified by Grand View Research include Siemens AG, ABB, General Electric, C3.ai, Atos SE, Flex Ltd., AppOrchid Inc., Uptake Technologies, Origami Energy Ltd., Alpiq, and SmartCloud Inc.

These companies are investing heavily in product innovation, strategic partnerships, and digital energy solutions designed to improve grid reliability, optimize asset performance, and support the transition toward cleaner energy systems.

Future Outlook

As governments worldwide pursue decarbonization goals and utilities modernize aging infrastructure, artificial intelligence is expected to play a central role in enabling more intelligent, resilient, and sustainable energy networks.

The continued expansion of renewable energy resources, electric vehicles, distributed generation systems, and energy storage technologies is likely to create substantial opportunities for AI-driven innovation throughout the coming decade.

With energy systems becoming increasingly complex and interconnected, organizations that successfully integrate artificial intelligence into their operational strategies are expected to gain significant advantages in efficiency, reliability, and long-term sustainability.

The findings from Grand View Research indicate that AI is no longer an emerging technology within the energy sector—it is rapidly becoming a foundational component of next-generation energy infrastructure and a key driver of future industry transformation.

To learn more about growth opportunities in the AI In Energy Market, access the full report from Grand View Research

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Explore Grand View Brainshare – Delivering value and creating impact for our clients through actionable business insights

 

Contact:
Michelle Thoras
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com
Follow Us: LinkedIn | Twitter
Blog – https://globalindustryherald.com/
GVR Market Research Blog – https://www.grandviewresearch.com/blogs

View original content to download multimedia:https://www.prnewswire.com/news-releases/ai-in-energy-market-projected-to-reach-usd-22-2-billion-by-2033–ai-adoption-across-utilities-and-renewable-energy-systems-fuels-strong-market-growth-302805584.html

SOURCE Grand View Research, Inc

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Canadian Solar Launches TOPCon 3.0 High-Power-Density Module, Delivering up to 670 Wp, 24.8% Efficiency and Lower LCOE for Utility-Scale and C&I Solar Projects

Published

on

By

KITCHENER, ON, June 22, 2026 /PRNewswire/ — Canadian Solar Inc. (the “Company” or “Canadian Solar”) (NASDAQ: CSIQ) today announced the launch of its new TOPCon 3.0 high-power-density photovoltaic module, tailored for utility-scale power plants as well as commercial and industrial (C&I) PV systems. With a power output of up to 670 Wp and a conversion efficiency of up to 24.8%, the new product is scheduled for global mass shipment starting in August 2026.

The TOPCon 3.0 high-power-density module delivers higher energy yield and lower Levelized Cost of Electricity (LCOE), improving project economics and long-term returns.

Higher power density: With a power output of up to 670 Wp, the module features a multi-cut technology based on large-format rectangular cells and enhanced light utilization, while maintaining a standard module size of 2382 × 1134 × 30 mm for optimum logistics and easy system integration.

Higher bifaciality: Cell poly-patterned technology and optimized back-side design enable PV module bifaciality of up to 90%, delivering an additional 0.4%–0.5% system-level energy gain.

Lower temperature coefficient: Advanced passivation technologies on cell edge and surface lower the PV module temperature coefficient to -0.26%/°C, improving PV system performance in high-temperature environments.

Together, these advanced cell and module technologies deliver high reliability and reduce degradation to ≤1% in the first year and 0.35% annually thereafter, ensuring over 88.85% output after 30 years.

For demanding conditions such as glare-sensitive, high-load, corrosive, and dusty environments, the TOPCon 3.0 module portfolio can be equipped with anti-glare glass, IoT (Internet of Things)-enabled junction box, and steel, composite, or anti-dust frames, enhancing PV system safety and visibility.

Dr. Shawn Qu, Executive Chairman and Chief Technology Officer of Canadian Solar, said, “With the launch of our TOPCon 3.0 module, we continue to advance high-efficiency PV technology, delivering up to 1.6% higher energy yield and up to 1.4% lower LCOE, translating into stronger lifecycle value and more predictable long-term returns for our global partners.”

The TOPCon 3.0 high-power-density module will be showcased at Intersolar Europe from June 23 to 25 in Munich, Germany. Visit Canadian Solar at booth B2.250 to explore the new generation of high-efficiency PV technology.

About Canadian Solar Inc.
Canadian Solar is one of the world’s largest solar technology and renewable energy companies. Founded in 2001 and headquartered in Kitchener, Ontario, the Company is a leading manufacturer of solar photovoltaic modules; provider of solar energy and battery energy storage solutions; and developer, owner, and operator of utility-scale solar power and battery energy storage projects. Over the past 25 years, Canadian Solar has successfully delivered nearly 177 GW of premium-quality, solar photovoltaic modules to customers across the world. Through its subsidiary e-STORAGE, Canadian Solar had shipped over 20 GWh of battery energy storage solutions to global markets as of March 31, 2026, and had a $3.5 billion contracted backlog as of May 8, 2026. Since entering the project development business in 2010, Canadian Solar has developed, built, and connected approximately 12.2 GWp of solar power projects and 6.4 GWh of battery energy storage projects globally. Its geographically diversified project development pipeline includes 24 GWp of solar and 81 GWh of battery energy storage capacity in various stages of development. Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.

Safe Harbor/Forward-Looking Statements

Certain statements in this press release, including those regarding the Company’s expected future shipment volumes, revenues, gross margins, and project sales are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the “Safe Harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as “may”, “will”, “expect”, “anticipate”, “future”, “ongoing”, “continue”, “intend”, “plan”, “potential”, “prospect”, “guidance”, “believe”, “estimate”, “is/are likely to” or similar expressions, the negative of these terms, or other comparable terminology. These forward-looking statements include, among other things, our expectations regarding global electricity demand and the adoption of solar and battery energy storage technologies; our growth strategies, future business performance, and financial condition; our transition to a long-term owner and operator of clean energy assets and expansion of project pipelines; our ability to monetize project portfolios, manage supply chain fluctuations, and respond to economic factors such as inflation and interest rates; our outlook on government incentives, trade measures, regulatory developments, and geopolitical risks; our expectations for project timelines, costs, and returns; competitive dynamics in solar and storage markets; our ability to execute supply chain, manufacturing, and operational initiatives; access to capital, debt obligations, and covenant compliance; relationships with key suppliers and customers; technological advancement and product quality; and risks related to intellectual property, litigation, and compliance with environmental and sustainability regulations. Other risks were described in the Company’s filings with the Securities and Exchange Commission, including its annual report on Form 20-F filed on April 10, 2026. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today’s date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.

CANADIAN SOLAR INC. INVESTOR RELATIONS CONTACT
Wina Huang
Investor Relations
Canadian Solar Inc.
investor@canadiansolar.com 

View original content:https://www.prnewswire.com/news-releases/canadian-solar-launches-topcon-3-0-high-power-density-module-delivering-up-to-670-wp-24-8-efficiency-and-lower-lcoe-for-utility-scale-and-ci-solar-projects-302806092.html

SOURCE Canadian Solar Inc.

Continue Reading

Technology

Rockwell Automation Technology Supports Modernization at New Heaven Hill Distillery

Published

on

By

PlantPAx helps streamline operations at the state-of-the-art facility and enables future AI-driven optimization.

MILWAUKEE, Wis., June 22, 2026 /PRNewswire/ — Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and digital transformation, helped an iconic bourbon maker bring its operations into the digital era. When Opus Integration helped Heaven Hill launch a new distillery last year in Bardstown, KY, it used the PlantPAx® modern distributed control system (DCS) from Rockwell Automation to increase efficiency and embed digital transformation from day one.

“Creating a state-of-the-art distillery with digital transformation embedded from day one creates long-term advantages,” said Kris Dornan, Commercial Marketing Manager, Rockwell Automation. “Using the PlantPAx modern DCS, Opus and Heaven Hill have created a unified control and data environment giving operators deep visibility into operations today while laying the groundwork for more advanced analytics and richer insights in the future.”

Heaven Hill is the world’s largest independent bourbon maker, with well-known brands such as Elijah Craig, Evan Williams and its namesake bourbon. The new production facility launched in 2025 brought operations back to Bardstown for the first time in decades after a fire destroyed the distillery where the company had previously produced bourbon since 1935.

While Heaven Hill has crafted bourbon for more than 90 years, the company wanted its new distillery to be fully modernized. The facility required full plant visualization, robust cybersecurity and a foundation capable of supporting long-term digital transformation.

Opus Integration, a Rockwell Automation partner specializing in industrial control systems, with deep expertise in process automation and plant modernization, deployed the PlantPAx modern DCS to deliver a cohesive view of the entire distillery. The solution transformed how operators engage with the production environment and reduced troubleshooting time. Modern interlock objects allow operators to immediately see what is preventing equipment from running, eliminating the need to dig through code or place multiple support calls.

The modern DCS also allows operators to analyze historical trends and compare past production runs. This supports anomaly detection, process optimization and continuous improvement in the distillery operations.

“The PlantPAx DCS gives operators greater visibility into the distillery’s operations than they’ve had in the past, allowing them to stay focused on delivering Heaven Hill’s iconic products without worrying about the production process,” said Don Ault, owner and CEO of Opus Integration. “Heaven Hill now has the real-time insights and information security it needs to succeed today and a foundation for digital evolution based on future business needs.”

The PlantPAx-based infrastructure positions the new distillery to use AI-driven insights and other advanced technologies. Heaven Hill is already building AI-focused roles to interpret and apply production data generated through the PlantPAx system.

To learn more about how Rockwell Automation supports Heaven Hill with PlantPAx to modernize operations, read the full case study here.

About Rockwell Automation
Rockwell Automation, Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 26,000 problem solvers dedicated to our customers in more than 100 countries. To learn more about how we are bringing the Connected Enterprise to life across industrial enterprises, visit  www.rockwellautomation.com.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/rockwell-automation-technology-supports-modernization-at-new-heaven-hill-distillery-302798305.html

SOURCE Rockwell Automation, Inc.

Continue Reading

Technology

Watch a New Episode of Advancements on Saturday, July 27 at 8:00 PM ET

Published

on

By

Get an inside look at how innovation is transforming operations in an increasingly tech-driven world.

JUPITER, Fla., June 22, 2026 /PRNewswire/ — An upcoming episode of Advancements with Ted Danson is scheduled to air on Saturday, July 27, 2026, at 8:00 PM ET. Tune in to Bloomberg Television to watch.

The episode will take viewers inside four compelling stories highlighting the people, technologies, and innovations shaping the future across cybersecurity, veterinary healthcare, energy production, and battery technology.

The program begins with a look at the evolving cybersecurity landscape, and the growing challenges organizations face in an increasingly connected world. Watch to learn how advanced cyber threats are reshaping security strategies and discover how innovations in identity-based security, passwordless technologies, and proactive defense measures are helping to protect critical infrastructure, organizations, and consumers alike.

Next, the series turns its attention to veterinary healthcare, where rising demand for advanced pet care, workforce shortages, and increasing operational complexity are driving industry-wide transformation. Discover how technology-enabled care models, integrated digital systems, and AI-supported tools are helping veterinary professionals improve efficiency, reduce administrative burdens, and enhance outcomes for both patients and pet owners.

The episode also explores the critical role of domestic energy production in supporting long-term energy security. Featuring insights into California’s untapped natural gas resources and advances in drilling technology, the segment examines how innovative approaches to resource development may help address growing energy demands, while supporting economic growth and regional energy stability.

Finally, Advancements highlights the future of battery technology and its role in the global transition toward electrification. The segment features the latest innovations in solid-state battery development and shares how next-generation energy storage solutions are being engineered to improve safety, performance, scalability, and sustainability across electric vehicles and other emerging applications.

“Technology and innovation continue to transform every aspect of modern life,” said Dustin Schwarz, programming director for the Advancements series. “This episode showcases organizations and thought leaders working to address some of today’s most pressing challenges, while helping to build a more secure, sustainable, and connected future.”

Featured segments in this episode include: T-Mobile, Tandem Vet Care, INNEX Energy, and ProLogium.

About Advancements:
Advancements is an information-based educational television series that explores recent developments taking place across several industries and economies. With a focus on some of the major innovations responsible for global progress today, the award-winning series goes behind-the-scenes to discover and share how technology and innovation continue to drive the world forward.

For more information, please visit www.AdvancementsTV.com or call 866-496-4065.

View original content to download multimedia:https://www.prnewswire.com/news-releases/watch-a-new-episode-of-advancements-on-saturday-july-27-at-800-pm-et-302805523.html

SOURCE Advancements

Continue Reading

Trending