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British energy major, BP, and Indian information technology (IT) major Infosys have signed a memorandum of understanding (MoU) to work together to develop an integrated Energy-as-a-Service (EaaS) offering that will provide end-to-end management of customers’ energy assets and services, the companies said on Thursday.

“Together, the companies intend to explore opportunities using BP’s energy and mobility expertise and Infosys’ digital capabilities to manage energy assets, provide low carbon power, low carbon heating/cooling, and low carbon mobility to campuses, driven by an artificial intelligence-based digital platform," the companies said.

The integrated EaaS solution aims to enable Infosys campuses to access reliable low carbon energy and mobility options, use energy more efficiently, and optimize supply and demand across multiple users and assets, without having to invest in additional energy infrastructure. This follows a pilot at the Pune campus of Infosys.

The companies now intend to extend the offer to other Infosys campuses and explore opportunities to manage energy assets and reduce emissions at industrial and business parks as well as cities.

“Digitization will act as a driver for decarbonization and building work and living spaces of the future. With the present advancement in technology, we can create solutions that provide positive impulses, transparency, control, and enhanced decision-making," said Pravin Rao, chief operating officer, Infosys.

Infosys says it achieved carbon neutrality in 2020, about 30 years ahead of the timeline set by the Paris Agreement. BP aims to become a net-zero company by 2050 or sooner. Together the two companies see potential in applying digital services to integrated energy solutions and help decarbonize corporations and cities, they said.

“Integrated energy and mobility solutions have huge potential to enable clean cities powered by low carbon energy, and digital platforms are a vital component. Through this strategic collaboration we can combine our capabilities to manage energy for Infosys in India, and in time take this offer to other campuses, industrial parks, and cities, to help the world decarbonize faster," said Sashi Mukundan, president, BP India and senior vice president BP group.

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