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Funding '5B Maverick' solar farm tech boosts scalable ultra-low-cost solar solutions

Source: IEA/IRENA Renewables Policies Database
Last updated: 11 April 2022

The Australian government will provide AUD 14 million to support 5B’s AUD 33.4 million strategic technology innovation project through the Australian Renewable Energy Agency (ARENA). The 5B Maverick is a modular, prefabricated solar array that can be built and pre-wired in a factory and then can be deployed rapidly and safely in the field. With ARENA’s support, 5B will design a high volume, scalable, and predominantly automated manufacturing line at 5B headquarters in Mascot, Sydney. The project aims to provide low-cost solar panels, a reliable renewable electricity system, and lower emissions. 

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