Digital services and Information Technology consulting giant Infosys and bp, a global integrated energy company, have signed a memorandum of understanding (MoU) under which both companies will work together to develop an integrated Energy as-a-Service (EaaS) offering that will provide end-to-end management of a customers’ energy assets and services.

Together, the companies will 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 AI-based digital platform.

bp’s integrated energy offer draws on technologies and businesses in solar and wind together with gas for power, fuels, electric vehicle charging, battery swapping, and advanced mobility solutions.

The integrated EaaS solution aims to enable Infosys campuses to access reliable low carbon energy and mobility options, use energy more efficiently, and to optimize supply and demand across multiple users and assets without having to invest in additional energy infrastructure.

Following a pilot at Infosys’ Pune campus, the companies intend to extend the offer to other Infosys campuses and explore opportunities to manage energy and reduce emissions at industrial and business parks and cities.

Infosys had signed up for ‘The Climate Pledge,’ committing to achieve net-zero carbon emissions across its businesses by 2040. However, Infosys had achieved carbon neutrality in 2020 – 30 years ahead of the timeline set by the Paris Agreement.

bp aspires to become a net-zero company by 2050 or sooner.

Pravin Rao, Chief Operating Officer, Infosys, said, “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. Infosys has had a long-standing commitment towards sustainability.”

“Infosys has crafted ambitious ESG goals for the next decade, continuing to focus on reducing emissions and co-creating solutions for a no/low carbon future. bp – our strategic partner for the last 16 years – shares our ambitions for a net-zero carbon future, and this partnership gives us a perfect opportunity to co-innovate and co-create the Integrated Energy and mobility offering leveraging Infosys digital prowess and bp’s expertise in sustainable energy solutions. Together we will strive towards a cleaner and greener future.”

Sashi Mukundan, President, bp India, and SVP, bp group, 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. We are excited to work with Infosys to explore how digitally-enabled integrated energy can deliver reliable, efficient, and low carbon energy for Infosys campuses. Through this strategic collaboration, bp and Infosys 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.”

Image credit: Ashwin Kumar from Bangalore, India, CC BY-SA 2.0 <https://creativecommons.org/licenses/by-sa/2.0>, via Wikimedia Commons

Rahul is a staff reporter at Mercom India. Before entering the world of renewables, Rahul was head of the Gujarat bureau for The Quint. He has also worked for DNA Ahmedabad and Ahmedabad Mirror. Hailing from a banking and finance background, Rahul has also worked for JP Morgan Chase and State Bank of India. More articles from Rahul Nair.