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5B Holdings Pty Ltd: Company Research Report



Company Overview



  • Name: 5B Holdings Pty Ltd

  • Mission: To solve the climate crisis via solar innovation and to create a world where abundant, accessible, and affordable power from the sun meets all our energy needs.

  • Founded: 2013 by solar engineers Chris McGrath and Eden Tehan.

  • Key People:

  • David Griffin - Chief Executive Officer

  • Chris McGrath - Co-founder and Chief Growth Officer

  • Eden Tehan - Co-founder

  • Nicole Kuepper-Russell - Chief Strategy Officer

  • Simeon Baker-Finch - Chief Technology Officer

  • Frank Paduch - Chief Financial Officer

  • Matthew Vocale - Chief Supply Chain Officer

  • Alice Lang - Chief of Staff

  • Reshmi Buthello - Head of People and Culture

  • Laura Washington - General Counsel

  • Headquarters: Australia, with a primary production facility in Adelaide, South Australia.

  • Number of Employees: No information is available.

  • Revenue: No information is available.

  • Company Known For:

  • Prefabricated, pre-wired ground mount solar technology – notably the 5B Maverick.

  • Quick deployment and increased power density compared to conventional solar technologies.


Products



5B Maverick



  • Description: A prefabricated, pre-wired solar array offering a 48-50 kilowatt capacity, designed for rapid deployment with minimal workforce.

  • Key Features:

  • Deploys up to 10x faster than conventional solar technologies.

  • Generates up to 1.6x more power per hectare.

  • Reduced onsite activities and exposure to hazardous conditions.

  • Pre-wired, plug-and-play integration.

  • Suitable for remote, off-grid, grid-connected, and relocatable solar generation.

  • Flexible global assembly model for cost efficiency and reduced time to market.


Recent Developments



  • New Products:

  • Next-generation 5B Maverick products with enhanced features, such as:

  • Better flood height clearance.

  • Standardized skeleton for ease in engineering and logistics.

  • New Features:

  • Enhanced structure to withstand 250 km/h wind gusts.

  • Simplified processes through integrated solutions.

  • Partnerships:

  • Uplift with AES for a modular solar farm and solar + storage projects.

  • Other Developments:

  • Establishment of a high-volume Advanced Manufacturing Pilot Line.

  • Development of an automated deployment machine targeting faster deployment times.

  • Plans to commence manufacturing in India following a $50 million US deal.

  • 5B is recognized for cyclone-resilient technology and used in projects like the Tiwi Island communities.


Awards and Recognitions



  • Winner of Iberdrola's 'Start-up challenge.'

  • Listed in The Australian's 100 Green Power Players 2023.

  • Awarded the 2023 World Future Award for best solar solution.

  • Recognized as a top innovator in the renewable energy sector by Darcy Partners.

  • Included in CleanTech's 2022 APAC 25 list as one of the leading cleantech companies in the Asia Pacific region.


This report provides a comprehensive overview of 5B Holdings Pty Ltd, highlighting its innovative solutions and ongoing contributions to the solar and renewable energy sector.