In a bold move to address climate change and drive the decarbonisation of the mining sector, Shoal Group and Resource Unicorns Capital have joined forces to launch Solarh2e, a company focused on accelerating the electrification of heavy haulage and reducing carbon emissions across the supply chain.
The mining industry faces significant challenges as it strives to meet ambitious targets for CO2 emissions reduction. With approximately 35% of carbon emissions in mining attributed to haulage (1), there is a critical need for innovative solutions that can effectively decarbonise this part of the supply chain. Solarh2e has been established to meet this demand by offering cutting-edge technology and renewable energy solutions that electrify operations from mine to port.
Solarh2e brings together the expertise of Shoal Group, a complex systems design company known as leaders in for its Systems Engineering, Modelling, Simulation & Analysis capabilities, and Resource Unicorns Capital, a venture capital firm dedicated to identifying, supporting, and financing Australian unicorns in the resources sector.
By leveraging Shoal Group’s advanced simulation and modelling approaches, Solarh2e is poised to design and optimise electrification solutions that are both sustainable and economically viable. Resource Unicorns Capital will provide the necessary financial backing, linking Solarh2e’s projects with strategic investors and ensuring robust returns for all stakeholders.
“Supporting mining decarbonisation targets for 2030 and Net-Zero 2050”
Solarh2e’s mission is clear: to accelerate the decarbonisation of the mining industry through the development of innovative electrification projects that reduce emissions and enhance operational efficiency. The company will focus on:
- Minerals haulage from mines to ports: Electrifying the transport of bulk commodities, reducing the carbon footprint of this critical part of the supply chain.
- Intercity and intracity goods transport: Developing electric solutions for the transportation of goods between cities, ports, and regional towns, as well as last-mile delivery within urban environments.
Solarh2e’s whole-of-system approach includes the design and optimisation of EV (Electric Vehicles) vehicles and renewable energy infrastructure solutions, with leading battery swap technology.
As the mining industry works towards achieving its decarbonisation targets for 2030 and the broader net-zero goals set for 2050, Solarh2e is committed to playing a leading role in this transformation. By combining technical innovation with strategic investment, Solarh2e is set to redefine the future of mining haulage, making sustainable practices not just possible, but profitable.
About Solarh2e
At Solarh2e, our mission is to decarbonise the haulage transport sector with cutting-edge technology and renewable energy solutions.
We replace outdated diesel equipment with advanced Battery Electric Vehicles (BEVs), renewable energy infrastructure and other sustainable technologies. From scoping your project to designing and optimising the solution and finding investment, we handle everything to ensure a seamless transition to a greener future.
More: solarh2e.com
About Shoal Group
Shoal Group is a complex systems design company using Systems Engineering, combined with Modelling, Simulation & Analysis to help clients define, analyse, decide, optimise, and deliver technology-intensive projects in complex environments. Shoal works across mining, energy, infrastructure, defence, space, and transport sectors.
More: shoalgroup.com
About Resource Unicorns Capital
Resource Unicorns Capital’s mission is to identify, support, and finance Australian unicorns in the resources sector. They achieve this through active monitoring of industry trends and developments, providing technical and management support to emerging unicorns, and seeding and raising capital for these companies through their network of international investors.
More: resourceunicorns.com
Media Contact
Shaun Wilson
Director and Founder, Solarh2e
+61 438 394 288
[email protected]
(1) Decarbonization in Mining (energy.gov)
Melbourne, 25 September 2024
