News from 1414 Degrees

Great progress has been made recently, with the electrical installation of the TESS-IND now complete. As the commissioning process continues, we have been applying energy to the heat store, to achieve the highly anticipated target temperature by next weeks end. It is...

CHAIRMAN’S REVIEW It has been a very busy quarter for 1414 Degrees with the launch of the IPO, broker roadshows and investor presentations across Eastern Australia, and significant engineering advances. All components required to complete and commission the 10MWh...

[vc_row][vc_column][vc_single_image image="8820" img_size="full"][vc_column_text]The IPO for 1414 Degrees has been well supported. To date we have received over 1,600 applications for over $15 million, but we are yet to reach the required minimum subscription to close...

Isaac, our Head of Engineering, gives his update on our constant progression with news on prototype modifications and the SA Water project. ?

[vc_row][vc_column][vc_column_text]Following a wide range of questions at the information sessions and received via email, we have collated the recurring key questions and filmed an interview hosted by South Australian Journalist Andrew Spence with Kevin Moriarty,...

[vc_row][vc_column][vc_column_text]1414 Degrees last week signed off on some key safety requirements in preparation of the installation and commissioning of the GAS-TESS on the SA Water Glenelg site. Further to its own safety procedures, 1414 Degrees has now complied...

[vc_row][vc_column][vc_column_text]1414 Degrees have issued a Supplementary Prospectus to extend the Offer Period to Friday 13 July 2018. This will allow the Company to capitalise on the market opportunities available to us at a domestic and international level and to...

[vc_row][vc_column][vc_column_text]The Q&A session at the end of each of our Information Session presentations often shared the same questions across the venues. The answers to the top 9 questions are below - documented from the sessions and supplemented from...

[vc_row][vc_column][vc_column_text]TESS-IND The first 10MWh TESS device is nearing completion in your Company’s research and development facility at Southlink Industrial Park. The storage container has been heated to over 1,200°C and cooled in preparation for...