News from 1414 Degrees

First Quarter 2021

First Quarter 2021

- Aurora revenue upside potential grows  - Global decarbonisation policies driving SiBox industrial heat opportunities  - Cash of $4.6m  - R&D rebate of $1.9m in process   1414 Degrees’ (ASX : 14D) overall company strategy was updated in the first quarter of...

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Aurora Project Update

Aurora Project Update

- Internal modelling is identifying the lowest risk plant configurations with the highest returns - BESS size could double to 140MWh in Stage 1 - Offers of vendor finance received - Potential for Federal Government funding of $110m - Final BESS business case will be...

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Crown Sponsorship

Crown Sponsorship

South Australian Government Crown Sponsorship for the Aurora Solar Energy Project has been extended to support construction of a battery and the Company’s thermal energy storage system (TESS-GRID). Crown Sponsorship indicates that the project is sponsored by a State...

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Fourth Quarter 2020 update

Fourth Quarter 2020 update

- Positive Aurora Project business case projects revenues up to $60m with 14D TESS - Proprietary SiBox technology confirming robust and efficient energy storage solution - Key CEO and director appointments boost board and management   The quarter delivered major...

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Aurora business case projects up to $60m annual net revenues

Aurora business case projects up to $60m annual net revenues

1414 Degrees is pleased to report a positive business case for development of the first stages of its Aurora Solar Energy Project on the National Electricity Market (NEM).  The Company engaged independent consultants to model spot energy prices and Frequency...

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New Director Appointed

New Director Appointed

1414 Degrees is pleased to announce that Peter Gan will join its Board as a Non Executive Director commencing 4 January 2021. Peter has held Managing Director, CEO, Company Secretary, and other senior management positions in a variety of listed public and private...

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Aurora Solar Energy Project advancing

Aurora Solar Energy Project advancing

Following strong support from shareholders in the recent oversubscribed Share Purchase Plan (SPP), 1414 Degrees has accelerated the development of its Aurora Solar Energy Project located in Port Augusta. This strategic advancement marks a significant milestone in the...

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GAS-TESS Update

GAS-TESS Update

1414 Degrees is pleased to report SA Water have advised the verification testing and witnessing by SA Power Networks (SAPN) of SA Water’s Glenelg Wastewater Treatment Plant (Glenelg WWTP) as a generator has been successfully completed. The GAS-TESS operated...

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Quarterly Shareholder Update

Quarterly Shareholder Update

- Encouraging results for revenues from a hybrid power plant on the Aurora Project - GAS-TESS recommissioned to prepare for electricity export to grid - More than 90% efficiency predicted from SiBox for long duration storage on grid   CHAIRMAN’S LETTER The...

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GAS-TESS operational update

GAS-TESS operational update

1414 Degrees is pleased to report that its GAS-TESS has been successfully recommissioned in preparation for power export to the grid. It was heated to operating temperature and the turbine was run ready for verification testing and witnessing by SA Power Networks...

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