This article discusses the challenges involved in diagnosing faults in renewable energy systems. A significant challenge is the high computational demands of the artificial intelligence algorithms needed for grid-connected photovoltaic (GCPV) and wind energy conversion (WEC) systems in fault diagnosis. To address this issue, several methods are proposed to reduce computation time, minimize memory requirements, and improve efficiency. First, optimization algorithms such as the Salp Swarm Algorithm (SSA), Genetic Algorithm (GA), and Particle Swarm Optimization (PSO), combined with machine learning classifiers for feature selection, are suggested to reduce computational time and memory space requirements. This approach notably decreases computation time but has a limited impact on memory space. Secondly, further reduction in memory space requirements is recommended by using the variogram method for data reduction. This method can leverage the outputs of preceding algorithms to optimize renewable energy systems, making their operations cost-effective and efficient. Finally, the outputs of the variogram are used to train neural network (NN), recurrent neural network (RNN), and long short-term memory (LSTM) classifiers to differentiate between various modes of operation in GCPV and WEC systems. Experimental results demonstrate the effectiveness and robustness of the proposed methods, showing that memory space can be reduced by 1.3 to 5.6 times and CPU time by 1.1 to 11 times while maintaining accuracy and improving efficiency compared to conventional algorithms.