This solar pioneer says Rio Tinto boss is wrong on rollout
The solar company 5B is weeks away from being able to speed up production by between 10 and 20 times, a much-needed advance for the world to meet climate goals.
5B, the modular solar panel pioneer backed by Malcolm Turnbull and Simon Holmes à Court, is weeks away from commissioning new manufacturing capacity that will enable it to make and roll out prefabricated solar arrays 10 to 20 times faster than existing processes, says co-founder and chief executive Chris McGrath.
The increased production capacity offers hope that rates of solar installation can be accelerated, a much-needed advance if Australia and the world are to meet climate ambitions that are at risk as renewable energy installation struggles to keep pace with the retirement of fossil fuel generation.
Colin PackhamEnergy and resources reporterColin Packham is an energy and resources reporter at The Australian Financial Review Connect with Colin on Twitter.
