Renewable Energy Engineer, UNSW Sydney
Stories naming Chris McGrath. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
5B, a New South Wales solar technology firm, has hired Sun Cable's co-founder and ex-CEO David Griffin as its new chief executive, succeeding co-founder Chris McGrath.
Australian solar startup 5B secured $20 million from bp ventures within its $55 million Series B, funding technology development, a North American manufacturing hub, and international expansion.
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Roundup covering Victorian zero-emission bus trials, Frew Foods' planned plant expansion, 5B's layoffs and completed capital raise, Wellnex Life's convertible note raising, SafetyCulture investing in Inauro, plus wind farm and university research news.
Australian solar firm 5B completed a Series B round and is cutting staff while refocusing on its Maverick deployment technology amid supply chain pressures.
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Solar technology company 5B has launched an automation program backed by a government agency grant, aiming to cut the cost of its deployable solar systems, and recently bought a solar manufacturing business.
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Solar technology company 5B has closed an oversubscribed funding round, drawing fresh backing from Malcolm Turnbull and Simon Holmes a Court alongside existing investors, to speed product development and enter overseas markets.
US energy company AES has anchored 5B's US$8.6 million funding round. The Sydney solar startup's technology is earmarked for the Sun Cable project, with first deployments planned in Panama and Chile.
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