News from 1414 Degrees

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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Third Quarter 2019 Update

Third Quarter 2019 Update

HIGHLIGHTS- First operating results of GAS-TESS confirmed efficient biogas burning. Modifications underway to increase electrical output - Data for business case to replace Glenelg engines to be provided to SA Water by end 2019 - Potential for early revenues from sale...

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GAS-TESS Pilot Project Update

GAS-TESS Pilot Project Update

- GAS-TESS up and running after scheduled shutdown to assess O&M requirements- O&M a key factor in business case for wastewater treatment utilities- Improvements to be fast-tracked to provide SA Water with key data for evaluating business case- Proposed review...

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Chairman’s letter to shareholders

Chairman’s letter to shareholders

Dear fellow shareholders,  Over the last week, your Company has received some enquiries from shareholders about the performance of its share price and current market sentiment, so I would like to ensure you are fully informed.  There have been no substantial changes...

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Negative electricity prices and storage

Negative electricity prices and storage

- Intermittent negative electricity prices will not make energy storage economic- Energy Security Board looking at market redesign to favour firming generation as supplied by TESS After periods of negative electricity pricing in recent days some shareholders have...

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