News from 1414 Degrees

14D Confirms Capital Adequacy

14D Confirms Capital Adequacy

- 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...

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Cancellation of proposed SPP Offer

Cancellation of proposed SPP Offer

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...

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1414 Degrees announces Share Purchase Plan

1414 Degrees announces Share Purchase Plan

L to R: Dr Kevin Moriarty, CEO of 1414 Degrees and Marie Pavlik, CEO of SiliconAurora Pty Ltd 1414 Degrees Limited (ASX:14D) (Company) is pleased to offer shareholders an opportunity to participate in a Share Purchase Plan (SPP) targeted to raise approximately $3.0...

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GAS-TESS upgrade plans

GAS-TESS upgrade plans

- GAS-TESS Mk I pilot is successfully validating performance metrics - GAS-TESS Mk II design advancing - Higher energy density upgrade plan for increased revenue from time shifting1414 Degrees’ (ASX:14D) GAS-TESS at SA Water’s Glenelg Wastewater Treatment Plant (WTTP)...

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Fourth Quarter 2019 Update

Fourth Quarter 2019 Update

• GAS-TESS business case driven by value not efficiency• GAS-TESS pilot lessons being used for commercial Mark II model• Aurora Solar Energy Project in Port Augusta will be clean power station with TESS-GRID• Technology development focus on scaling silicon storage to...

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GAS-TESS Project status update

GAS-TESS Project status update

- Thermal energy storage system in good condition - Turbine is in good condition - Working with manufacturer to resolve leak in external heat exchanger - No anticipated impact on business case 1414 Degrees has progressed investigations into the cause of lower...

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Project Status Update

Project Status Update

 - GAS-TESS energy recovery system modified, working with the manufacturer of the turbine and heat exchanger to resolve an issue  - Technical feasibility sent to Stone and Wood   - First contact made with Aurora Project stakeholders GAS-TESS: following completion of...

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14D closes deal on Aurora Project

14D closes deal on Aurora Project

- Aurora Solar Energy Project near Port Augusta now fully owned by 1414 Degrees - SolarReserve Australia II Pty Ltd to be renamed SiliconAurora Pty Ltd - Capital servicing requirements to be staged with progressive generation and storage - Marie Pavlik appointed CEO...

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1414 Degrees acquiring Aurora Project near Port Augusta

1414 Degrees acquiring Aurora Project near Port Augusta

- 14D acquiring SolarReserve Australia II Pty Ltd- TESS-GRID to provide electricity firming services- Refocus to 400MW solar farm with progressive storage capacity to several thousand MWh- To be developed and financed in 14D subsidiary company1414 Degrees (ASX:14D) is...

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