City
Epaper

bp and Infosys to develop 'Energy as a Service' Solution for campuses and cities

By ANI | Updated: October 28, 2021 20:10 IST

bp, a global integrated energy company, and Infosys, a global leader in next-generation digital services and consulting, today 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.

Open in App

, a global integrated energy company, and , a global leader in next-generation digital services and consulting, today 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. 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."

This story is provided by PRNewswire.will not be responsible in any way for the content of this article. (ANI/PRNewswire)

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Infosys pune development centerInfosysPravin RaoInfosys ltd.Infosys limited
Open in App

Related Stories

BusinessInfosys Shares Jump 4% on Strategic AI Partnership with Anthropic Amid Sector Weakness

BusinessWhat Is Anthropic’s AI Tool That Shook Global IT Stocks, Wiping Out ₹1.75 Lakh Crore Market Value ?

TechnologyInfosys to Hire 20,000 Fresh Graduates in FY27 as AI Drives New Growth, Says CEO Salil Parekh

BusinessInfosys Shares Gain by 5% After Positive Q3 Results and Strong AI-led Deal Momentum

BusinessInfosys Shares Rise 1% After Partnering With Amazon Web Services on Generative AI

Business Realted Stories

BusinessIran records world’s longest nationwide internet shutdown amid ongoing conflict

BusinessMajor Ports record 915 million tonnes cargo in FY 2025-26, surpass target with 7.06% growth

BusinessBangladesh faces economic strain as Iran war pushes up fuel and food costs

BusinessRural Semi urban regions lead surge in insurance demand, contributes 43% of premiums: Study

BusinessAmid West Asia crisis, govt says energy supply stable; urges people not to panic buy