BPP is attracting international coverage for its innovative use of data analytics to reduce energy costs, such as a February 14 feature by TechWire Asia (link).
CEO Poyan Rajamand told TechWire that BPP’s technology solutions offer a range of benefits. Clients benefit from savings of up to 30% ($2M USD per year) in climate control costs, but also face no investment or operational risks.
For instance, Mr. Rajamand explained that BPP’s unique “shared savings scheme” was designed with clients in mind. With this payment plan, BPP installs its technologies at no upfront cost, and instead, can be paid through a portion of the client’s energy savings over time. As a result, clients face no risks in investment.
BPP’s technology can be customized to meet the needs of each individual building and are installed in tandem with any existing building management system. There are no operation risks or slowdown during implementation, and clients can also revert to the building’s original operating systems at any point if desired.
The rest of the industry is starting to notice the many possibilities of BPP’s technology as well. The company has recently won the 2015 NEA award for its Philips Lumileds project, where its solutions help the client save 3,300,000 kWh per year, and the 2017 NEA award for its RWS project, where BPP solutions help the client save 5,500,000 kWh annually.
BPP continues its expansion by closing new contracts across Singapore while starting discussions with investors to fuel its growth.