5B is a cleantech company that is developing cutting edge technology that reduces the cost of renewable energy for customers.

5B has reengineered the solar supply chain to simplify how projects are delivered, using fewer materials, lightening-fast deployment and streamlined logistics.

5B was founded in 2013 by Chris McGrath and Eden Tehan. The company is headquartered in Alexandria, NSW, Australia.

 

5B has transformed the delivery of solar projects from the ground up with its prefabricated, modular, scalable, rapidly-deployable flagship MAVERICK solar technology.

 

The MAVERICK technology enables solar projects to be delivered 3 x faster, using half the land, at a lower cost, with reduced risk and simplified logistics vs conventional technology. What is more, the system is fully redeployable.

 

5B is also building a strong order book, including most significantly a 100 MW global services & supply agreement, with its lead strategic partner AES - including sales of the first MAVERICK projects in the United States, Chile & India, and first projects sold to other leading international solar power producers.

 

 

  • Year founded: 2013
  • Funding Info: AUD $12M over 2 Rounds (Latest Funding Type: Pre-Series B)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Alexandria
  • State: NSW
  • Country: Australia
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