News from 1414 Degrees

- SiliconAurora has made significant progress defining the revenue stack for the Aurora Project- SA Water is progressing approvals for ongoing development of the GAS-TESS at the Glenelg site- New highly scalable system for PCM-containment will use SiBox trademark...

- A green hybrid storage solution for Aurora Project takes shape - Simulation of past five year data indicates strong revenue prospects A revenue generating hybrid energy storage solution for the Aurora Project near Port Augusta, South Australia is looking promising,...

The Board of 1414 Degrees (ASX:14D) (‘14D’ or the ‘Company’) is pleased to announce the appointment of Mr Richard Willson as an Independent Non Executive Director effective 1 July 2020.  An experienced, Non-Executive Director, Company Secretary and CFO with more than...

Our commercial review announced last week shows the TESS will be competitive with other storage technologies when compared with the levelised costs of storage (LCOS) analysis, based on the respected Lazard methodology.The pilot installations have shown that we can now...

1414 Degrees confirmed today that SA Water has completed its business case evaluation for engines and GAS-TESS at the Glenelg Wastewater Treatment Plant. They have advised that 1414 Degrees has been unsuccessful with the current evaluation process.SA Water said the...

- Further R&D required to deliver higher efficiency TESS to raise commercial readiness level - New development path mapped for long duration storage competitiveness - Long term levelised cost of storage (LCOS) predictions are positive compared to other...

 Marie Pavlik, CEO of SiliconAurora, addresses three recurring questions related to the Aurora Project near Port Augusta. Watch the full video below. 

- Progressing Aurora Project development - GAS-TESS specifications delivered to SA Water- Positive outlook for revenues from evolving energy market and policies - Strong cash position of $5.4m at end quarter - Measures taken to conserve cash in response to market...

- Budget review confirms 14D has sufficient funds to maintain technology and project development- GAS-TESS business case continuing- Strong interest in the Aurora Project- Staff and Board cuts1414 Degrees is pleased to advise that it has reviewed its budgets and can...

1414 Degrees Limited (ASX:14D) announced on Monday 24 February an offer of discounted shares to shareholders so they could support the next phase of its technology roll-out centred on solar generation and storage at the Aurora Project.However, global economic and...