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1414 Degrees Ltd. ( (AU:14D) ) just unveiled an announcement.
1414 Degrees Ltd has provided an update on its Aurora Energy Precinct, a key asset in its long-duration energy storage and decarbonisation strategy. The Precinct, managed by SiliconAurora Pty Ltd, has received all necessary planning and environmental approvals and is strategically positioned to connect with a new high-voltage transmission line by 2030. The development of a 140 MW / 280 MWh battery energy storage system (BESS) is progressing, with conditional approval expected soon. The company is also exploring infrastructure and firm power provision for data centres, leveraging the Precinct’s high-capacity transmission and fibre-optic connectivity.
More about 1414 Degrees Ltd.
1414 Degrees Ltd is a leader in industrial decarbonisation, offering silicon-based solutions that align energy supply with demand and promote renewable energy adoption. The company’s key technologies include SiBrick® for thermal energy storage, SiBox® for sustainable industrial processes, and SiPHyR® for low-emission hydrogen production.
Average Trading Volume: 1,952,465
Technical Sentiment Signal: Sell
Current Market Cap: A$9.26M
See more insights into 14D stock on TipRanks’ Stock Analysis page.