News from 1414 Degrees

​The Board of 1414 Degrees has appointed oil and gas executive Matthew Squire as its Chief Executive Officer. Mr Squire has extensive experience in the oil and gas, power generation and broader energy sector working for Australian and international publicly-listed...

1414 Degrees (ASX:14D) is pleased to report that it has identified the pathway to commercialise its modular SiBox technology and will build a demonstration module. This follows twelve months of testing of SiBox storage media under a variety of operating conditions in...

South Australian Government Crown Sponsorship for the Aurora Energy Project has been extended to support an increase of the battery storage component.  It has previously been extended to support construction of the battery and the Company’s thermal energy storage...

- 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...

- 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...

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...

- 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...

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...

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...

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...