MEDIA RELEASE - 5B expands US footprint
Published: 09 December 2021
Aussie utility-scale solar innovator 5B expands US footprint
AUSTIN, TEXAS: 5B, a pioneer in prefabricated, rapidly deployable utility-scale solar solutions, today showcased its powerful 5B Maverick™ solution at the CLEANPOWER2021 conference in Utah while flagging the expansion of its US footprint.
5B’s US operations have expanded rapidly since launching into the market in July 2021, with a number of foundation sales and deployments underway across North America, including several with AES, which joined as its largest strategic investor in 2020.
5B Co-Founder and CEO, Chris McGrath says: “The US market is uniquely significant to 5B’s strategy as it represents both a thriving solar market for our product and partners, with an 85GW utility-scale solar pipeline, and a significant capital market, including being the home of our largest investor AES. We are inspired by the ambitious policy environment the Biden administration is driving to turbocharge the clean energy transition and the role we can play to drive that growth.”
5B’s growth in the region is driven by strong interest and demand from utility-scale developers, C&I developers, and EPCs for its powerful 5B Maverick™ solution which can deploy up to 10 times faster and can generate up to twice the energy using the same amount of land as conventional solar.*
Based on growing interest from deployment partners, such as Directional Services Inc., 5B has established a “5B Ranch” training facility in Austin, Texas.
5B’s Co-Founder and GM International, Eden Tehan says: “The world needs massive scale, ultra low cost solar power, fast, and we are constantly seeking ways to accelerate the growth of our team and scaling of our 5B Maverick solar deployment platform. 5B is bringing the next level of solar deployment innovation to the US as the market transitions and accelerates toward electrification and decarbonization.”
+61 404 311 044
5B is a Sydney-headquartered clean technology innovator on a mission to accelerate the planet’s transition to fast, easy, ultra-low-cost clean energy by harnessing the full power of the sun. 5B has transformed the delivery of solar projects with its prefabricated, modular, scalable, rapidly deployable flagship 5B Maverick solar technology. It has a growing base of more than 50 customers served by a global network of 5B Ecosystem Partners. www.5b.co
*Comparisons made with Single Axis Tracker installations of comparable size and geography.