bp, Infosys inks MoU to develop EaaS solution for campuses and cities
Global integrated energy company bp and IT services major Infosys has announced that they have agreed to develop and pilot energy as a service (EaaS) solution, which will aim to help businesses improve the energy efficiency of infrastructure and help meet their decarbonization goals.
Infosys and bp intend to co-develop a digital platform that can collect data from multiple energy assets and use artificial intelligence to optimize the energy supply and demand for power, heat, cooling, and EV charging. The companies will pilot the digital platform at the Infosys Pune Development Center – in an environment that replicates a small city, where energy is generated, stored, and consumed at multiple points. Once the pilot is successful, they will aim to roll this model out across other Infosys campuses in India, and with some clients, to help manage energy and help reduce emissions.
In addition, the companies have agreed to collaborate on integrating solar energy production into the campus' energy system. The energy that is generated through this integration, will be monitored, and optimized by the digital platform and can be stored or redirected to the building power supply, heating, and cooling systems, and also to an EV charging infrastructure.
Sashi Mukundan, President, bp India and Senior Vice President, bp Group, said, "At bp, we set out to provide solutions to enable cities and hard to abate industries decarbonize. Integrating advances in energy, mobility, and digital technologies and services has huge potential to accelerate the progress towards a more sustainable and resilient future. By bringing together our complementary capabilities, products, and services from bp's different joint ventures in India, bp and Infosys can help each other – and our customers – achieve energy and sustainability goals faster."
Pravin Rao, Chief Operating Officer, Infosys, said, "Infosys shares bp's ambitions for a net-zero carbon future. Our collaboration with bp further strengthens our long-standing commitment towards sustainability and supports our ambitious ESG goals. We will now bring together the best of digital technologies – advanced AI, connected digital systems, experience design, analytics – and decarbonization to create an integrated energy and mobility offering. Together, bp and Infosys can create compelling and sustainable value for our customers globally."
