CEO, 5B
Stories naming David Griffin. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
ARENA has named solar maker 5B the first recipient of funding under its Solar Sunshot program, with a grant of as much as $46 million to expand Adelaide output of its Maverick system.
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A rolling roundup of Australian energy-sector job moves, listing dozens of executives, directors and ministers joining or leaving utilities, regulators, developers and industry bodies between May and December 2023.
5B, a New South Wales solar technology firm, has hired Sun Cable's co-founder and ex-CEO David Griffin as its new chief executive, succeeding co-founder Chris McGrath.
Sun Cable cuts scores of jobs and its three founders step back from executive roles as buyers Grok Ventures and Quinbrook finalise the takeover agreed in May.
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Solar developer Sun Cable has entered voluntary administration after its two major backers failed to agree on funding, with FTI Consulting appointed and a recapitalisation or sale flagged as likely.
Startup Daily's weekly SUDS podcast wrap: UK laws threatening jail for tech executives, interviews with founders of SpaceDraft, Flowingly and Book An Artist, Sun Cable's solar export ambitions, and NFT tax guidance.
Green power exporter Sun Cable secured a $210 million Series B from existing shareholders, led through the billionaires' vehicles Grok Ventures and Squadron Energy, moving its Australia-Singapore electricity link closer to go-ahead.
Sun Cable has raised A$210 million in Series B funding from existing shareholders, led by Mike Cannon-Brookes' Grok Ventures and Andrew Forrest's Squadron Energy, for its giant solar, battery and subsea cable project.
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