News from 1414 Degrees

- Internal modelling is identifying the lowest risk plant configurations with the highest returns - BESS size could double to 140MWh in Stage 1 - Offers of vendor finance received - Potential for Federal Government funding of $110m - Final BESS business case will be...

South Australian Government Crown Sponsorship for the Aurora Solar Energy Project has been extended to support construction of a battery and the Company’s thermal energy storage system (TESS-GRID). Crown Sponsorship indicates that the project is sponsored by a State...

- Positive Aurora Project business case projects revenues up to $60m with 14D TESS - Proprietary SiBox technology confirming robust and efficient energy storage solution - Key CEO and director appointments boost board and management   The quarter delivered major...

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...

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...

Following strong support from shareholders in the recent oversubscribed Share Purchase Plan (SPP), 1414 Degrees has accelerated the development of its Aurora Solar Energy Project located in Port Augusta. This strategic advancement marks a significant milestone in the...

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...

- 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...

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...

- 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...