VivoPower signs JV with digital twin specialist Geminum to tackle mining decarbonisation modelling

VivoPower International PLC has signed a Joint Venture with Geminum Pty Ltd, a specialist digital twin technology company founded in Australia, to design, test and implement digital twins of Tembo electric utility vehicles and ancillary VivoPower sustainable energy solutions (VivoSES).

These digital twins will enable corporations engaging in decarbonisation programmes to optimise total cost of ownership and capture and synthesise near real-time analytics and carbon abatement data. Geminum, a specialist digital twin technology company, will also provide mining industry expertise to assist Tembo with the development of solutions that better meet the needs of remote owner operators.

Geminum Co-Founder and CEO Rob Foster said of the JV agreement: “We were introduced to VivoPower and Tembo some time ago and were impressed by their dedication to electrification and their genuine desire to create positive change at the ecosystem level. This JV is further recognition that complex system problems like fleet decarbonisation require holistic solutions across people, process and technology, to help fleet operators make the transition safely and cost effectively.”

Executive Chairman and CEO of VivoPower, Kevin Chin said: “Digital twin technology will enable our customers and partners to cost effectively and quickly assess the TCO equation of a decarbonisation program, incorporating fleet electrification solutions. With TCO for decarbonisation, it is not enough to simply consider traditional financial-based metrics, but it is equally important to carefully quantify the carbon emissions consequences as well as the implications for workflow processes and people. This JV Agreement with Geminum will fortify our VivoSES (sustainable energy solutions) capabilities, especially for the mining sector and enable our customers and partners to achieve their decarbonisation goals.”