- SA Premier and Treasurer inspect prototype and identify support to speed development
- AUD$2.5m raised in over-subscribed seed round
“In the absence of massive battery storage the intermittent unreliability of wind and solar power have played havoc with the electricity grid, exacerbated by extreme weather conditions……”
Read the article in the Nikkei Asian Review for more detail on a number of technological improvements in storage capacity, including Snowy Hydro 2.0, AGL’s Virtual Power Network, and 1414 Degrees thermal energy storage solution and information on the planned IPO.
Energy is a resource that should be available to all, at all times. 1414 Degrees strives to make this a reality.
We are facing a pivotal moment in the local and global energy market, with soaring prices, instability, and harmful emissions. Our energy storage technology presents an opportunity to disrupt the energy market by providing a highly efficient, safe, scalable, and low emission solution. The use of readily available silicon rocks ensures its sustainability and its affordability.
We see the exponential growth opportunities and know we can impact change.
The simple reason: to make energy available, cheaper and cleaner.Stay up-to-date
The prototype for 1414 Degrees has been built in the Tonsley Park Innovation Precinct, South Australia with assistance from AusIndustry.
The next stage is the design and installation of optimised commercial modules at demonstrator sites. In parallel with the installations, research and development (R&D) work will continue on new technology for the thermal storage device aimed at achieving at least 50% cost reduction for materials.Stay up-to-date
Over the past 10 years, 1414 Degrees has invested over $3M with the assistance of AusIndustry grants. For five years it has funded research by the University of Adelaide engineering faculty into silicon energy capture and recovery, and employed several graduates to design and build the first commercial prototype.
Government and industrial companies are supporting the development with funding or in kind contributions. For example, Schneider Electric have supplied the control circuitry and refractory manufacturers have offered to supply the high temperature containment materials. The South Australian government has supported the prototype development in its Tonsley Park Innovation precinct.
1414 Degrees is preparing to launch its IPO before June 30 2017.Pre-register for a prospectus
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