News from 1414 Degrees
ASX listing update: only 4 to go
Following the successful raising of $16.3 million as part of its IPO, 1414 Degrees is now in the process of formally listing the Company on the Australian Securities Exchange. In anticipation of some seed shareholders not being available to sign Restriction Agreements...
Progress update: TESS powers turbine
The first stage of the commissioning of the TESS has been a resounding success. Our engineers successfully ran the turbine, generating electricity for the first time using hot air from the TESS, a significant milestone. We managed to achieve approximately 30% of the...
Progress Update: August 2018
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...
Quarterly Update: July 2018
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...
14D IPO reduced minimum, with Bonus Loyalty Options
[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...
Update from Isaac, Head of Engineering
Isaac, our Head of Engineering, gives his update on our constant progression with news on prototype modifications and the SA Water project. ?
Key questions answered
[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,...
SA Water update
[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...
Offer Period Extended
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 undertake additional roadshows to...
KEVIN MORIARTY ON FIVEAA
Kevin Moriarty was interviewed by Alan Hickey on FIVEaa. Kevin spoke about the SA Water project, the solution of harnessing the gas and regenerating electricity. Click to listen here (13MB, 11 minutes).
IN THE MEDIA
msn: 1414 Degrees Strengthens Leadership with New Operations Head
@AuManufacturing: 1414 Degrees hires new GM
In Daily: Foreign investment for 1414 Degrees
In Daily: Woodside-backed 1414 Degrees launches hydrogen production project
@AuManufacturing: Towards 3% R&D – Innovation for process heat by Dr Mahesh Venkataraman
In Daily: 1414 Degrees secures rights to new University of Adelaide hydrogen tech
@AuManufacturing: 1414 Degrees and Vast progress energy storage project
Renew Economy: Reborn solar thermal and battery project seeks deal to plug in to transmission line to BHP mines
Australian Manufacturing: SiBox testing completed, 1414 Degrees moves toward commercialisation
Renew Economy: Woodside boosts investment in molten silicon energy storage hopeful