NEWS FROM 1414 DEGREES 

Aurora business case projects up to $60m annual net revenues

Aurora business case projects up to $60m annual net revenues

1414 Degrees is pleased to report a positive business case for development of the first stages of its Aurora Solar Energy Project on the National Electricity Market (NEM).  The Company engaged independent consultants to model spot energy prices and Frequency...

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New Director Appointed

New Director Appointed

1414 Degrees is pleased to announce that Peter Gan will join its Board as a Non Executive Director commencing 4 January 2021. Peter has held Managing Director, CEO, Company Secretary, and other senior management positions in a variety of listed public and private...

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Aurora Solar Energy Project advancing

Aurora Solar Energy Project advancing

Following strong support from shareholders in the recent oversubscribed SPP, 1414 Degrees has accelerated development of its Aurora Solar Energy Project at Port Augusta. Project managers and engineering firms are proceeding with design of the substation and advancing...

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New Managing Director Appointment

New Managing Director Appointment

The Board of Directors of 1414 Degrees is pleased to announce the appointment of Jamie Summons to the new role of Managing Director. Jamie will join the Company on 4 January 2021. Kevin Moriarty, Executive Chairman welcomed the appointment stating: “We have undertaken...

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GAS-TESS Update

GAS-TESS Update

1414 Degrees is pleased to report SA Water have advised the verification testing and witnessing by SA Power Networks (SAPN) of SA Water’s Glenelg Wastewater Treatment Plant (Glenelg WWTP) as a generator has been successfully completed. The GAS-TESS operated...

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Quarterly Shareholder Update

Quarterly Shareholder Update

- Encouraging results for revenues from a hybrid power plant on the Aurora Project - GAS-TESS recommissioned to prepare for electricity export to grid - More than 90% efficiency predicted from SiBox for long duration storage on grid   CHAIRMAN’S LETTER The...

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GAS-TESS operational update

GAS-TESS operational update

1414 Degrees is pleased to report that its GAS-TESS has been successfully recommissioned in preparation for power export to the grid. It was heated to operating temperature and the turbine was run ready for verification testing and witnessing by SA Power Networks...

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Share Purchase Plan Closes Over Target

Share Purchase Plan Closes Over Target

- SPP has closed over target with approximate total of $3.1 million  - Approximately 26m new shares will be issued on Wednesday, 21st of October    1414 Degrees is pleased to advise that the Company’s Share Purchase Plan (SPP) has closed with an approximate total...

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Share Purchase Plan Extension

Share Purchase Plan Extension

1414 Degrees wishes to advise that the closing date for its Share Purchase Plan (SPP) has been extended to 5pm (ACST) Monday 12 October 2020.  The Company has received a number of enquiries from shareholders interested in participating in the SPP who have not yet...

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1414 Degrees (ASX:14D) makes large scale energy storage for networks and industries. Its combined heat and power (CHP) solutions fill a critical gap in energy storage.