Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Ticker Views

5B : Why this is an answer to the climate crisis

Published

on

From Australian startup to solar juggernaut, 5B’s technology is reinventing solar energy

5B started as an Australian startup and is reinventing global solar energy from the ground up.

This week on Ticker Climate the co-founder of 5B, Chris McGrath ‘zoomed-in’ from sunny Darwin, Australia. 5B is an innovative solar technology business, with a mission to create abundant, accessible, affordable power from the sun. They’re breaking down barriers by making solar power easy, affordable, and quick.

Aussie startup founded over a bottle of whiskey

Solar engineers Chris McGrath and Eden Tehan founded the business in 2013. They came up with the idea over a bottle of whiskey. With an aim to accelerate the planet’s transition to fast, easy, low-cost clean solar energy. The way solar can, and should be. From a team of 30 employees last year, they now employ 137 people.

The name 5B represents the 5 billion years of sunshine Earth has left, and motivates them to strive for the simplest, most effective ways to leverage this resource.

“As individuals how we can add most to the challenge of climate change in front  of us.” 

Chris McGrath, Co-founder 5B

 

How it works

5B’s finely tuned ecosystem allows its solution to be produced anywhere in the world, at scale, with a network of channel, assembly, and deployment partners. They use technology to make the process of producing and developing solar easy and low cost.

They classify themselves as the ‘Maverick’s’ (a reference to Top Gun) of our time and the leaders of the renewable revolution.

The Maverick

The iconic technology of the ‘Maverick’ solar solution is the fastest, easiest and simplest way to deploy ground-mounted solar. 5B has redefined the engineering, and construction of solar farms.

They use the ‘Maverick’ to transform to supply and delivering chain of building solar farms to make it easier, faster, and cheaper. Their approach combines modular design, prefabrication, and rapid deployment.

This streamlines engineering & procurement and transferring cost, time & risk from the construction site to the factory. 5B makes the process simpler by using modular prefabricated blocks, pre-wired, minimal site preparation, suitable for most ground and soil types, minimal ground penetration and no trenching needed.

They’re the fastest deployment on the market.

 

Sun Cable Project

5B has joined forces with the Sun Cable Project. This project will be the world’s largest solar farm in the world on completion. It will be able to power whole cities with renewable energy.

It is in a remote location in the Northern parts of Australia. By conventional means, this process would take thousands of people in a camp in the middle of nowhere to complete.

However, with 5B they will use a highly trained workforce in a factory in Darwin, then a fleet of autonomous vehicles will help to make the rollout efficient and seamless. They will use about 100 people as opposed to thousands. They will be rolling out approximately 180 ‘Maverick’s’ per day, which equates to about one per 5 minutes.

This project will be a lighthouse for 5B to showcase their capabilities and leadership in this industry. And, with predictions the cost of solar will continue to go down, Australia could be on track to become a renewable energy exporting leader.

“The advantage in Australia is the price of solar will keep going down and that will give us an advantage over other countries. “

Energy expert, and Ticker Climate co-host, Scott Hamilton

Breaking global markets

5B is also expanding internationally, breaking into markets in Chile, the United States, and India. They want to drive growth into these markets to build their ecosystem of partners right around the world. They also have a factory in Vietnam ramping up.

Eventually, 5B wants to implement a system so seamless that you can buy a solar farm online and have it delivered the next week.

 

Bushfire prone locations need solar

Right now disastrous fires are wreaking havoc across the world. The United States and Turkey, are the most recent to fall victim to the frightening blazes.  Some of the challenges local towns and communities in remote locations face are the risk of bushfires & storms that end in extended blackouts.

The solution for these towns, communities, and businesses is solar. In Australia, 5B recently worked on a project named ‘resilient energy’ in partnership with Tesla and the co-founder of software company Atlassian, Mike Cannon-Brookes.

The project aimed at getting power back to bushfire-affected communities. The purpose is to use renewable energy to make the communities and power systems more resilient, relying less on power lines that are likely to be damaged during a fire.

“Power lines cause fires…We want communities and power systems to be more resilient.”

 Chris McGrath, co-founder 5B

Watch this week’s full episode here: https://tickernews.co/ticker-climate/

1 Comment

1 Comment

  1. Pingback: 5B : From Australian startup to solar juggernaut #auspol #qldpol #RaceToZero #COP26 #ClimateCrisis Demand #ClimateAction #SDG13 #SDG7 #Solar – Climate Action Australia

Leave a Reply

Your email address will not be published. Required fields are marked *

Ticker Views

The trouble with Trump’s Greenland strategy

Published

on

Trump’s annexation of Greenland seemed imminent. Now it’s on much shakier ground.

Eric Van Rythoven, Carleton University

Looking at headlines around the world, it seemed like United States President Donald Trump’s annexation of Greenland was imminent. Buoyed by the success of his military operation to oust Venezuelan President Nicolás Maduro, Trump ratcheted up his rhetoric and threatened tariffs on any nation that opposed him.

Adding insult to injury, he openly mocked European leaders by posting their private messages and sharing an AI-generated image of himself raising the American flag over Greenland.

But behind these headlines a different story has emerged that has likely forced Trump to back down on using military force against Greenland and to drop threatened tariffs against Europe.

Trump’s military threats had toxic polling numbers with the American public. His Republican allies openly threatened to revolt. European countries are sending reinforcements to Greenland, hiking the costs of any potential invasion. And Europeans started to contemplate what economic retaliation might look like.

Far from being inevitable, Trump’s Greenland gambit is now on shaky ground.

No good options

Trump has three options to take control of Greenland: diplomacy, money and military force. The latest diplomatic talks collapsed as Greenland and Denmark’s foreign ministers left the White House in “fundamental disagreement” over the future of the territory.

Simply buying the territory is a non-starter. Greenlanders have already said the territory is not for sale, and U.S. Congress is unwilling to foot the bill. That’s left military force, the worst possible option.

It’s difficult to convey in words just how stunningly unpopular this option is with Americans. A recent Ipsos poll found that just four per cent of Americans believe using military force to take Greenland is a good idea.

To put that in perspective, here are some policies that are more popular:

If your official foreign policy is less popular than pardoning drug traffickers, then your foreign policy might be in trouble.

Sensing this unpopularity, Trump has already begun to walk back his military threats. Using his platform at Davos, he claimed “I don’t have to use force. I don’t want to use force. I won’t use force.” He also said he and NATO Secretary General Mark Rutte have “formed the framework of a future deal with respect to Greenland.”

It’s too early to tell whether Trump is being sincere. Not long after claiming to be the “president of peace,” he was invading Venezuela and bombing Iran.

The broader point is that if diplomacy has failed, money is a non-starter, and now military action is ostensibly being taken off the table, then Trump has no good options.

The danger of defections

Trump’s political coalition, in fact, is increasingly fragile and in danger of defections. The Republican House majority has shrunk to a razor-thin margin, and Republicans are already signalling a loud break with Trump over Greenland.

Nebraska congressman Don Bacon recently told USA Today: “There’s so many Republicans mad about this … If he went through with the threats, I think it would be the end of his presidency.”

The situation in the Senate looks even worse. Multiple Republican senators have pledged to oppose any annexation, with Thom Tillis and Lisa Murkowski visiting Copenhagen to reassure the Danish government. With enough defections, U.S. congress could sharply curtail Trump’s plans and force a humiliating climb-down.

There’s yet another danger of defection. Senior military officers can resign, retire or object to the legality of orders to attack America’s NATO allies. Just last year, Adm. Alvin Holsey, the leader of U.S. Southern Command, abruptly retired less than year into what is typically a multi-year posting.

Holsey’s departure came amid reports that he was questioning the legality of U.S. boat strikes in the Caribbean. Americans still have a high level of confidence in the military, so when senior officers suddenly leave, it can set off alarm bells.

Creating a tripwire

In recent days, Denmark and its European allies have rushed to send military reinforcements to Greenland. These forces, however, would have no hope of defeating a committed American invasion. So why are they there?

In strategic studies, we call this a “tripwire force.” The reasoning is that any attack on this force will create strong pressure at home for governments to respond. If Danes and Swedes — and other Europeans for that matter — saw their soldiers being captured or killed, it would force their governments to escalate the conflict and retaliate against the United States.

The Trump administration would like to seize Greenland, face no European forces and suffer no consequences. But the entire point of a tripwire force is to deny easy wins and to signal that any attack would be met with costly escalation. It creates a price to invading Greenland for an administration that rarely wants to pay for anything.

The B-word

Amid the Trump administration’s economic and sovereignty threats, people are forced to grapple with what comes next. European governments are already quietly debating retaliation, including diplomatic, military and economic responses.

Chief among these is the European Union’s Anti-Coercion Instrument, colloquially known as the “trade bazooka,” that could significantly curb America’s access to the EU market.

But for ordinary Europeans, a different B-word will come to mind: boycott.

Some Europeans began boycotting U.S. goods last year amid Trump’s trade threats — but never to the same level as Canadians. That could quickly change if the U.S. engages in a stunning betrayal of its European allies. Fresh anger and outrage could see Europeans follow Canada’s lead.

Trump repeatedly threatened Canada with annexation, and it triggered a transformation of Canadian consumer habits. Canadians travel to the U.S. less, buy less American food and alcohol and look for more home-grown alternatives. Despite Canada’s small population, these boycotts have caused pain for U.S. industries.

Now imagine a similar scenario with the EU. In 2024, the U.S. exported almost US$665 billion in goods and services to the EU. It’s one of the largest export markets for the U.S., fuelling thousands of jobs and businesses.

The real danger for American companies, however, is when consumer pressure moves upwards to governments and corporations. European governments and corporations who buy from American giants like Microsoft, Google and Boeing will start to see public pressure to buy European — or at least not American. America’s most valuable corporate brands risk being contaminated by the stigma of the U.S. government.

Will he, won’t he?

None of this will stop the Trump administration from trying. Trump’s own words — that there is “no going back” on his plans for Greenland — ensure he’s backed himself into corner.

The more likely scenario seems to be starting to play out — Trump will try and then fail. His threats to annex Greenland will likely be remembered next to “90 trade deals in 90 days” and “repeal and place” in the pantheon of failed Trump policies.

The tragedy here is not simply a Trump administration with desires that consistently exceeds its grasp. It’s that the stain of betraying America’s closest allies will linger long after this administration is gone.The Conversation

Eric Van Rythoven, Instructor in Political Science, Carleton University

This article is republished from The Conversation under a Creative Commons license. Read the original article.

Continue Reading

Ticker Views

Market Watch: Greenland deals, Japan bonds & Australia jobs

Join David Scutt as we dissect fast-moving global markets and key insights from Greenland to Japan and Australia.

Published

on

Join David Scutt as we dissect fast-moving global markets and key insights from Greenland to Japan and Australia.


From Greenland to global bonds, and right here at home in Australia, markets are moving fast—and we break down what it all means for investors.

David Scutt from StoneX joins us to give expert insights on the key risks and opportunities shaping the week.

First, the U.S. is back in Greenland with its “Sell America 2.0” strategy. We explore the geopolitical wins, the potential economic gains, and the hurdles that could derail this ambitious plan.

Then, Japan’s bond market meltdown has shaken global investors. Scutt explains what triggered the rout, whether it’s over, and the implications for markets across Asia and the US.

Finally, Australia’s December jobs report is more than just numbers—it’s a critical piece of the RBA rates puzzle. We break down the scenarios and what a surprise result could mean for the economy and local markets.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#MarketWatch #GlobalMarkets #GreenlandDeals #JapanBonds #AustraliaJobs #RBA #DavidScutt #TickerNews


Download the Ticker app

Continue Reading

Ticker Views

Backlash over AI “Indigenous Host” sparks ethical debate

AI-generated “Indigenous host” sparks controversy, raising ethical concerns about representation and authenticity in social media.

Published

on

AI-generated “Indigenous host” sparks controversy, raising ethical concerns about representation and authenticity in social media.


A viral social media account featuring an AI-generated “Indigenous host” is drawing criticism from advocates and creators alike, raising questions about authenticity, representation, and ethics in the age of artificial intelligence. Critics argue that AI characters can displace real Indigenous voices and mislead audiences.

Dr Karen Sutherland from Uni SC discusses how AI is reshaping identity on social media and why the backlash over this account has ignited a wider conversation about “digital blackface” and the ethics of AI-generated personalities. She explores the fine line between education, entertainment, and exploitation.

The discussion also dives into monetisation, platform responsibility, and the broader risks AI poses to media and cultural representation. As AI becomes increasingly sophisticated, audiences and creators alike must consider what authenticity truly means online.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#AIControversy #IndigenousVoices #DigitalBlackface #SocialMediaEthics #AIIdentity #OnlineBacklash #MediaEthics #RepresentationMatters


Download the Ticker app

Continue Reading

Trending Now